LIBREVILLE, November 22 (Infosplusgabon) – The African Export-Import Bank (Afrexibank) has presented 90 African bankers and senior representatives of financial institutions from more than 20 African countries with its certification, after they completed a three-day intensive training programme in advanced structured trade financing.
The certificates, awarded in Douala, Cameroon, at the end of Afreximbank’s 13th annual Seminar/Workshop on Advanced Structured Trade Finance, went to senior representatives of African banks and financial institutions, hedge funds, Africa country funds and venture capital institutions, corporate entities engaged in trade, manufacturing and privatized infrastructure projects, among others, who took part in the training.
Benedict Oramah, Afreximbank’s Executive Vice-President in charge of Business Development and Corporate Banking, said at the closing on Thursday that the training had given participants the tools they needed to be able to effectively structure bankable trade and trade-related project finance deals that met the peculiar needs of the African market.
Dr. Oramah urged the participants to pass on the knowledge they had acquired during the seminar and workshop to their colleagues in their respective institutions upon their return, in order to further strengthen structured trade finance capacity across Africa.
An Afrexibank statement quoted the senior Afrexibank official as saying in addition to equipping participants with the technical skills and knowledge, the seminar and workshop also provided a platform that enabled Afreximbank to strengthen business relationships with its clients and partner institutions.
Countries represented in the training included Senegal, Mali, Sierra Leone, Liberia, Nigeria, South Africa, Zimbabwe, Kenya, Cameroon, Togo, Ghana, Rwanda, Uganda, Malawi, Ethiopia, and Cote d’Ivoire.
The training – a two-day seminar and a one-day workshop on credit risk analysis – was organised in cooperation with the Central Bank of Central African States and the African Capacity Building Foundation.
Afreximbank was established in October 1993 by African governments, African private and institutional investors, and non-African investors to finance and promote intra- and extra-African trade.
FIN/INFOSPLUSGABON/LOP/GABON 2013
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