Afreximbank To Double Intra-African Trade Financing To $40bn

The African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20n in 2021 to $40bn by 2026, Afreximbank’s Executive Vice President, Global Trade Bank, Mr. Haytham ElMaayergi has said.

ElMaayergi was addressing participants and guests in Abuja at the African Caucus Meeting of the World Bank Group and the International Monetary Fund (IMF), where he represented Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank.

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