Nigeria, the largest receiver of commercial and development finance of AFREXIMBANK, has received cumulative disbursements of approximately US $ 52 billion from the bank. He is also the first beneficiary of several flagship projects.
The Federal Government of Nigeria and AFREXBANK have signed the host country agreement for the 32 many annual annual (AAM) in Abuja.
The annual meetings of AFREXIMBANK are among the most anticipated meetings in the African continent, with discussions of high -level policies, presentations and parallel events on critical socio -economic issues. The event also includes commercial network sessions aimed at promoting regional integration through trade and investment.
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The 32 annual meetings of AFREXBANK, scheduled for June 23 to 28, 2025, are expected to be the largest in the bank's history, which brings together more than 6,000 delegates, including heads of state, government officials, leaders of the Industry, Business Executives, Decision decision. -Makers, academics, experts and advisors of Africa, the Caricom region and beyond.
When commenting on the importance of the agreement, Wale Edun, Minister of Finance and Minister of the Coordination Economics, emphasized the strong Association of Nigeria with AFREXIMBANK and its commitment to promote commercial and economic growth in Africa.
He said:
“Nigeria has the honor of organizing the annual meetings of AFREXIMBANK 2025, which will serve as a critical platform to promote discussions on commercial financing, economic growth and investment opportunities in Africa.”
Added:
“This event is a testimony of our commitment to strengthen the financial sector of Africa and position Nigeria as a center for economic transformation.”
Professor Benedict Oramah, president and president of the Board of Directors of AFREXIMBANK, expressed his gratitude:
“We greatly appreciate the decision of the Federal Government of Nigeria to organize the annual 2015 Affreximbank meetings. This demonstrates our shared commitment to accelerate the economic growth and development of Africa.”
He continued:
“The Nigeria government has been a firm partner and a support pillar for the bank. He has constantly responded positively to capital calls, injecting significant equity even in challenging economic times, eliminating regulatory obstacles that could have prevented bank operations in Nigeria and leading continental efforts to gather support for Aphreximbank. “
The theme of the Annual Affreximbank meetings of 2025, 'Building the future in decades of resilience', highlights the progress made in the last three decades and the bold steps necessary to navigate an increasingly complex global landscape.
Prof. Oramah added:
“The African continental trade area (AFCFTA) presents an unprecedented opportunity for sustainable economic transformation, promoting the growth of Africa and improving the standard of living for all. The annual meetings of AFREXIMBANK will provide a platform to reflect on our trip, celebrate key contributions and draw a path that strengthens economic independence and global influence of Africa. We hope to welcome the interested parties throughout Africa and the world to Abuja for this prestigious event. “
In addition, he pointed out that the unwavering support of Nigeria for Affreximbank has been a key engine of the strong continental impact of the bank.
“Nigeria, being the largest receiver of the Bank's commercial and development financing, has received cumulative disbursements of approximately US $ 52 billion. He has also been the first beneficiary of several emblematic transforming projects executed by the Bank, including the African Excellence Center of Excellence (AMCE), the African Quality Affairs Center (AQAC) and the AFREXIMBANK African Trade Center (AATC), among others . “
The 2025 event follows the successful 2024 AAM in Nassau, the Bahamas, which attracted more than 4,000 delegates, including more than 20 heads of state, government ministers, high -ranking dignitaries, global experts and renowned artists.
AFREXXIMBANK was established after his first general meeting in Abuja, Nigeria, in October 1993. Today, Nigeria is the second largest shareholder of the bank.
About Afrexbank
The African export export bank (AFREXIMBANK) is a Pan -African multilateral financial institution dedicated to financing, facilitate and promote intra and extrafrican trade. For more than 30 years, the Bank has deployed innovative financial solutions to transform the commercial landscape of Africa, accelerating industrialization and promoting intragional trade to boost economic expansion.
Affreximbank is a firm AFCFTA defender and, in association with the African Union Commission and the AFCFTA Secretariat, has launched the Pan -African Payment and Liquidation System (PAPS). This system, adopted by the African Union (AU), serves as the payment and liquidation platform that supports the implementation of the African Free Trade Area Agreement.
In addition, AFCIXBANK and the AFCFTA Secretariat have established an adjustment fund of US $ 10 billion to help countries effectively participate in AFCFTA.
As of December 2023, the Total Assets and contingencies of AFREXIMBANK were more than US $ 37.3 billion, while their shareholders funds amounted to US $ 6.1 billion.