Afreximbank To Give Anambra, Others Financial Advisory Services

The African Export-Import Bank (Afreximbank) has signed a memorandum of understanding with the Anambra state government to provide financial advisory services for the development of operational and governance framework for the Anambra Diaspora Fund, Anambra Intra-City Rail Master Plan project and the Anambra Diaspora Fund.
The Executive Vice President, Intra-African Trade Bank, Kanayo Awani, signed for Afreximbank while Chief Executive Officer, Anambra State Investment Promotion and Protection Agency, Mark Okoye signed for the state government. This gesture, is among other things, expected to boost the financial prospects of the Soludo led administration.
Holding in Cairo, the Egyptian capital, the Intra-African Trade Fair organised by the African Export-Import bank in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat and the Intra-African Trade Fair (IATF), financial organizations across the African continent were said to have recorded gains as financial institutions across the African sub region attend.
The trade fair which brought financial actors from across Africa, is a three days long event slated to end on the fifteenth of November, 2023. Adjudged to be one of the largest African trade fair across the African continent, key benefits ranging from showcasing and exhibiting goods and services, exploring businesses and investment opportunities in the continent were said to be feasible expectations.
Reports also have it that the trade fair would provide a platform to share trade, investment and market information with stakeholders and allow participants discuss and identify solutions to the challenges confronting intra-African trade and investment.
Accordingly, in addition to African participants, the Trade Fair is also open to businesses and investors from non-African countries interested in doing business in Africa and in supporting the continent’s transformation through industrialization and export development. Meanwhile, Afreximbank is said to have recorded deals worth about US$1 billion as Intra-African Trade Fair continues.