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Ghana: Professor Benedict Oramah officially launches the activities of the 30th Annual Meetings of Afreximbank in Accra

mai 23, 2023 0 349

Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank launched the festivities of the 30th Annual Meetings of the African Export-Import Bank (Afreximbank) in Accra, Ghana on May 19, 2023 in a meeting with the media.

"The 30th Annual Meetings of Afreximbank are scheduled for June 18-21, 2023. The choice of Ghana is justified because it is a country with a stumbling economy that presents opportunities for business development on the continent. Afreximbank will continue to accompany the country in its noble projects to revive the economy. The future event should give further visibility to the country and mobilize several investors on the same platform including, leaders and senior African and Caribbean officials, policy makers African, Caribbean and others, business leaders, bankers, the diaspora, academics and other opinion leaders. I count on the availability of the government headed by His Excellency President Nana Addo Dankwa Akufo-Addo, to welcome the participants. I invite all those who strive for the prosperity of the African people to join us in Accra to celebrate the Bank's achievements and reflect on its future in an increasingly turbulent world," Prof. Benedict Oramah said. Benedict Oramah.

The event will be held under the theme "Delivering the Vision, Building Prosperity for Africans".

As of December 31, 2022, the Bank's total assets and guarantees stood at over US$ 31 billion and its shareholders' funds at US$ 5.2 billion. The Bank disbursed over US$86 billion between 2016 and 2022.

The African Export-Import Bank is a pan-African multilateral financial institution dedicated to the financing and promotion of intra and extra-African trade.

For 30 years, Afreximbank has deployed innovative structures to provide financing solutions that facilitate the transformation of Africa's trade structure and accelerate industrialization and intra-regional trade, thereby supporting economic expansion in Africa.

In support of the African Continental Free Trade Area Agreement (AfCFTA), Afreximbank has launched the operations of a Pan African Payment and Settlement System (PAPSS) which has been adopted by the African Union (AU) as the payment and settlement platform to support the implementation of the AfCFTA. In collaboration with the AfCFTA Secretariat and the AU, the Bank is in the process of establishing a US$10 billion Adjustment Fund to assist countries to participate effectively in the AfCFTA.

The last Afreximbank Annual Meeting was held in Cairo, Egypt in June 2022.

As a reminder, Afreximbank's Annual Meetings are open to all persons concerned with and/or active in promoting the commercial and socio-economic development of Africa. Afreximbank is rated A by GCR International Scale, Baa1 by Moody's, A- by Japan Credit Rating Agency (JCR) and BBB by Fitch. Afreximbank has evolved into a group structure comprising the Bank, its known impact fund subsidiary, the Fund for Export Development in Africa (FEDA), and its insurance subsidiary, AfrexInsure.

Last modified on mardi, 23 mai 2023 18:33

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