Newly elected president of the Board of African Export-Import Bank (Afreximbank), Dr. George Elombi, has hinted of plans to lead the bank to change the structure of African trade with a focus on developing the continent to favourably compete with other continents. The president said his key priorities will be to “change the structure of…
In a powerful opening to the 32nd Annual Meetings of the African Export-Import Bank (Afreximbank) in Abuja, Nigeria, African leaders and financial experts gathered to reaffirm the continent’s commitment to building economic resilience, strengthening institutions, and asserting strategic autonomy in a world marked by rising geopolitical uncertainty and economic fragmentation. Under the theme “Building the…
“Over the past 32 years, we have mobilised over $250 billion into Africa.” The African Export-Import Bank (Afreximbank) has disbursed more than $250 billion to support development across Africa over the last three decades, the bank’s president, Benedict Oramah, said on Wednesday at the opening of the bank’s 32nd Annual Meetings in Abuja. Mr Oramah…
Addis Ababa — President of African Export-Import Bank (Afreximbank), Professor Benedict Oramah addressed the implications of shifting global trade policies, including the reintroduction of reciprocal tariffs by the U.S., noting that such developments further validate the urgency of fast-tracking the African Continental Free Trade Area (AfCFTA). In a powerful exchange moderated by Michael Rheinegger of…
