President Oramah Discusses Joint Initiatives with China Eximbank President

Categories: News

The President of the African Export-Import Bank (Afreximbank), Dr. Benedict Oramah, met with Liu Liange, President of China Eximbank, for discussions on progress regarding joint initiatives being implemented by the two institutions and to identify new areas of collaboration.

Speaking during the meeting, Dr. Oramah thanked Mr. Liange for China Eximbank’s support to Afreximbank in its equity and bond raising efforts and for facilitating improved business relationship between the two institutions.

He briefed Mr. Liange on Afreximbank’s performance and financial highlights, saying that the Bank’s medium-term strategy was to help African countries deal with the root causes of the volatilities caused by commodity prices by diversifying Africa’s trade away from commodities and expanding intra-African trade with other developing countries.
Mr. Liange congratulated Afreximbank for the continued improvements in its operational and financial performance and said that such improvements served as a good foundation for stronger collaboration with China Eximbank. He reaffirmed China Eximbank’s support for Afreximbank’s industrialization initiative.
The two institutions also agreed to expand collaboration in trade finance to facilitate increased two-way trade between Africa and China.

Accompanying Dr. Oramah from Afreximbank were Dr. George Elombi, Executive Vice President, Governance, Corporate and Legal Services; Kanayo Awani, Managing Director, Intra-African Trade Initiative; Richman Dzene, Special Assistant to the President; and Oluranti Doherty of the Project Finance Department.


Media Contact: Obi Emekekwue (; Tel. +202-2456-4238)


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