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Committee Welcomes Signing of Instrument of Accession of South Africa to the AFREXIMBANK | SA News

Parliament, Wednesday, 4 February 2026 – The Portfolio Committee on Trade, Industry and Competition welcomes the signing of the Instrument of Accession of South Africa to become a full sovereign member (Class A shareholder) of the African Export-Import Bank’s (AFREXIMBANK).

South Africa’s full membership in AFREXIMBANK marks an important moment for the country’s economic future and its trade with Africa through the African Continental Free Trade Agreement (AfCFTA).

The signing of the Instrument of Accession by President Cyril Ramaphosa and AFREXIMBANK’s president, Dr George Elombi, will allow South Africa to leverage the Bank’s stronger investment…

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