Afreximbank President Leads Delegation to U.S. EXIM

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Afreximbank Bank President Prof. Benedict Oramah (2nd right) and Kimberly A. Reed, President and Chairman, U.S. EXIM (3rd right), with U.S. EXIM Board Member Judith D. Pryor (left) and Daniel Runde, chairman of U.S. EXIM’s Sub-Saharan Africa Advisory Committee, during their meeting in Washington, D.C.

A delegation of the African Export-Import Bank (Afreximbank) led by the President, Prof. Benedict Oramah, visited the headquarters of the United States Export-Import Bank (U.S. EXIM) yesterday to discuss opportunities for collaboration between the two institutions.

Kimberly A. Reed, President and Chairman of U.S. EXIM, received the Afreximbank delegation for the meeting held on the sidelines of the annual meetings of the World Bank and the International Monetary Fund (IMF).

President Oramah briefed Ms. Reed about the history, mandate and activities of Afreximbank and expressed the Bank’s interest in strengthening relations with the American institution.

The two Presidents discussed how to strengthen collaboration in order to increase trade between the United States and Africa. The two agency heads also explored the potential for creating cobranded credit programmes to support businesses engaged in trade between the United States and Africa.

Afreximbank Bank President Prof. Benedict Oramah (4th left) and Kimberly A. Reed, President and Chairman, U.S. EXIM (5th left), in group photo with the Afreximbank and U.S. Exim delegations during the meeting in Washington D.C. Pictured (L-R) are Ekene Uzor, Special Assistant to the Afreximbank President; Kofi Asumadu Addo, Head of Syndications, Afreximbank; U.S EXIM Board Member Judith D. Pryor; Daniel Runde, Chairman of U.S. EXIM’s Sub-Saharan Africa Advisory Committee; Dr. Hippolyte Fofack, Chief Economist, Afreximbank; and Oluranti Doherty; Head of Export Development; Afreximbank.