Afreximbank Funds African Contractors' Regional Projects
Suppliers and subcontractors to African EPC firms should track which contractors gain financing to pursue projects across East and Central Africa.
Updated on Nov. 4, 2026 in Financial Services
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Afreximbank has approved and begun disbursing a US$28 million dual-tranche facility to DOTT Services Limited, a Uganda-based engineering, procurement and construction contractor, under its EPC Contract Promotion Initiative. The financing is designed to help DOTT pursue projects valued at roughly US$550 million across several African markets, making it relevant to contractors and suppliers working on regional infrastructure.
Why it matters
Most local commercial banks lack the capacity to finance intra-African and regional projects because of cross-border risks, and international banks tend to favor non-African contractors. Afreximbank's facility addresses that financing gap for African contractors seeking large-scale infrastructure work.
The US$28 million facility is set against an EPC projects pipeline of more than US$550 million held by DOTT Services Limited, which operates across five African countries and has over 6,000 staff. Afreximbank's own balance sheet stood at over US$48.5 billion in total assets and contingencies and US$8.4 billion in shareholder funds as of December 2025.
The players
Afreximbank
The African Export-Import Bank, a multilateral lender that finances trade and infrastructure across Africa and supports African contractors through its EPC Contract Promotion Initiative.
DOTT Services Limited
A Uganda-based engineering, procurement and construction contractor with operations in five African countries, a 28-year African presence, and a pipeline of more than US$550 million.
The details
Afreximbank provides EPC champions with financing alongside twinning and matchmaking support and letters of support under its EPC Contract Promotion Initiative. The facility is intended to strengthen the capacity of African contractors to secure and execute large-scale infrastructure projects. DOTT, which procures bitumen, asphalt, steel, spare parts and yellow goods equipment, plans to use the funding across Uganda, Tanzania, Kenya and the Democratic Republic of Congo.
Timeline
Afreximbank's facility announcement was published on 4 November 2026.
Market Landscape
Afreximbank's EPC Contract Promotion Initiative targets a gap in which African contractors struggle to win financing for large projects because local banks cannot absorb cross-border risk and international lenders favor non-African firms. The DOTT facility shows the initiative being applied to a regional contractor pursuing projects across East and Central Africa.
Contractors and suppliers working on East and Central African infrastructure should watch for competitors gaining financing capacity through similar programs. Suppliers of bitumen, steel and heavy equipment may see larger, more frequent orders from contractors with secured funding.
The takeaway
Businesses that supply or subcontract to African EPC contractors should monitor whether programs like the EPC Contract Promotion Initiative expand, since they can change which contractors have the balance sheet to bid on large projects. Review the payment and credit terms of contractors that depend on this type of facility before extending trade credit.
Further reading
For broader context on how development lenders are financing African infrastructure, see our coverage in Financial Services.
Source note: This article includes information reported by Africa.
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