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Tuesday, 25 February 2020

Afreximbank seeks new investors for African continent

The bank is among participants in the Russia-Africa summit taking place in Sochi

Sarah El-Essawy from Suchi , Thursday 24 Oct 2019
Kanyo
Uwani Kanyo, executive director of the African Trade Support Initiative at the African Export-Import Bank (Afreximbank)
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Uwani Kanyo, executive director of the African Trade Support Initiative at the African Export-Import Bank (Afreximbank), said Thursday in Sochi, on the sidelines of the Russia-Africa summit, that the bank is working to attract new investments to the African continent by organising events and conferences that bring together investors and businessmen from different parts of the African continent.
 
Kanyo added that the Intra-Africa Trade Initiative of the bank aims to increase trade between African countries to reach levels that enable African countries to reduce their dependence on imports from outside the African continent.

Kanyo told Ahram Online the bank's database on trade and investment among African countries is expanding to meet the needs of enhancing trade cooperation and upgrading economic relations between the countries of the African continent.
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