PRESIDENT TINUBU APPLAUDS AFREXIM BANK FOR COMMITMENT TO BRIDGING FINANCING GAP IN AFRICA
President Bola Tinubu has praised Afreximbank’s commitment to bridging financing gaps and empowering African businesses through initiatives like the African Continental Free Trade Area (AfCFTA)
President Tinubu made this known on Thursday at the commissioning of The Afreximbank African Trade Centre in Abuja.
President Tinubu in a message read on his behalf by Secretary to the government of Federation ,George Akume said Nigeria is marking a significant milestone in Africa’s economic development through the Nigerian Adjustment Fund and the Pan-African Payment and Settlement System.
According to President Tinubu,the commissioning of the AATC also marks a significant step towards achieving Africa’s economic potential.
With continued partnership and support, the centre is poised to drive inclusive growth, digital transformation, and sustainable industrialization in Nigeria and beyond
In the release signed by By the SGF’s Director of Information and Public Relations,Segun Imohiosen The AATC aims to further advance intra-African trade, foster economic integration, and unlock the continent’s vast potential.
Meanwhile,with over $140 billion distributed across Africa in the last decade, Nigeria has been the largest recipient of Afreximbank’s trade and development finance, receiving around $52 billion.