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BENEDICT ORAMAH
The outgoing President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has disclosed that the bank plans to recruit 250,000 workers following its groundbreaking textile facility development in Nigeria (by July), involving a $5 billion partnership.
The outgoing President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict...
The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has predicted that intra-African trade—which the bank's 2025 report estimates at $220.3 billion for 2024—is expected to double within a decade as the “Free Trade Agreement” is fully implemented by African countries.
The Governor of the Central Bank of Nigeria, Yemi Cardoso, has called for strategic cohesion among African states amid the African Export-Import Bank’s (Afreximbank) over $40 billion capital asset expansion as of 2024.
The African Export-Import Bank (Afreximbank), through its development impact investment arm, the Fund for Export Development in Africa (FEDA), has launched a $1 billion Africa Film Fund to revolutionise the continent’s film and creative industry.
The African Export-Import Bank (Afreximbank) says Nigeria is among the largest beneficiaries accounting for about 60% of its US$30 billion funding of the energy sector in Africa.
The trade finance bank for Africa, African Export-Import Bank (Afreximbank) has postponed its plan to list on the London Stock Exchange
The President of Afreximbank, Benedict Oramah, has called on African countries to seek channels that would enhance cross-border trade.
A $5oo million facility has just be granted by the African Export-Import Bank (Afreximbank) to the Manufacturers Association of Nigeria (MAN) to promote intra-African trade in the continent (AfCFTA).
Nigeria has received 40 percent of Afreximbank’s $65 billion worth of loan syndications.