Afreximbank has mobilised over $250 billion into Africa over the past 32 years, according to Benedict Oramah, President and Chairman of the Board of Directors, who described the bank’s journey as one of resilience, determination, and transformation.
Speaking at the ongoing 32nd Annual Meetings of the African Export-Import Bank (Afreximbank) in Abuja, Oramah underscored the significance of the occasion, pointing out that the bank—once regarded as an institution with an uncertain future—has grown into one of Africa’s most influential multilateral financial institutions.
“This year’s Annual Meetings are organised under the theme ‘Building the Future on Decades of Resilience’ in recognition of the remarkable journey of Afreximbank. From humble beginnings, we have defied doubt and built an institution that has empowered neglected industries, provided lifelines during crises—from COVID-19 to commodity shocks and broken supply chains—and channelled more than $250 billion into Africa’s development,” Oramah said.