Afreximbank Urges Stronger Trade Finance For Africa

122 Views

Afreximbank welcomed bankers, policymakers, and financial leaders to Abidjan, celebrating 25 years of its Trade Finance Seminar.

Over the decades, the Bank has trained thousands of African financiers, actively shaping the continent’s trade finance expertise.

Afreximbank welcomed bankers, policymakers, and financial leaders to Abidjan, celebrating 25 years of its Trade Finance Seminar.

Afreximbank Celebrate Trade Finance Expertise

At the opening, Managing Director for Trade Finance and Correspondent Banking, Gwen Mwaba, emphasised Africa’s vast opportunities.

“Africa is richly endowed with minerals, hydrocarbons, and agricultural commodities,” she said.

“These resources hold enormous potential if we finance them responsibly and efficiently.”

Unlocking Africa’s Potential

She explained that banks must act with risk awareness and structural proficiency, while skilled professionals must turn resources into concrete development.

“Well-trained bankers can structure deals that align capital-intensive projects with local development needs and environmental safeguards,” Mwaba added.

Read Also: Germany Commits ₦82bn To Boost ECOWAS Security

Driving Inclusive Growth

Moreover, she highlighted trade finance as the lifeblood of commerce, investment, and job creation across Africa.

During the ceremony, representatives from Côte d’Ivoire’s government, the Central Bank of West African States (BCEAO), and national banking institutions reinforced their support for strengthening the sector.

This year’s seminar examined how digitalisation, data, technology, and transparency can reshape trade finance, while addressing global risk management challenges.

Mwaba also showcased Afreximbank’s three decades of initiatives promoting regional integration, value addition, and private sector mobilisation.

Finally, she expressed confidence that discussions in Abidjan would strengthen Africa’s trade finance ecosystem and actively accelerate inclusive growth.

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Lagos State Launches ₦200B Bond To Attract Investors

Sun Nov 9 , 2025
122 […]
Lagos State has returned to Nigeria’s debt market, offering ₦200Bn to investors.As part of its ₦1Trn Debt and Hybrid Instruments Programme

You May Like

Quick Links