Axendo was honoured to attend the 2022 Annual Meetings of the Afreximbank

Axendo was honoured to attend the 2022 Annual Meetings of the Afreximbank, which was held last week in Cairo, Egypt.

The three-day conference is ranked among the most important gatherings of economic decision-makers in Africa, and this year focused on the theme “Realising the AfCFTA Potential in the post Covid 19 Era—Leveraging the power of the youth”.

Attendees of the 29th Afreximbank Annual Meeting included distinguished banking industry business professionals, trade & trade finance practitioners and other parties involved in the trade ecosystem and economic development, as well as a Head of State and several Ministers from across Africa and beyond.

Highlights of the conference included meeting with Kanayo Awani, the newly appointed Vice President of the Bank, to discuss the Intra Africa Trade Initiative and opportunities for Axendo to partner on some of the projects.

During the event, Axendo Managing Director of Africa, Marieme Niang, and Head of Distribution, Amine Dahmani, also had the opportunity to connect with existing and prospective banking partners and corporates in both the public and private sectors, as well as several teams of Afreximbank in Trade Finance:

– Gwen Mwaba, Director and Global Head of Trade Finance and her team.

– Kofi Asumadu Addo, Director Guarantees & Specialized Finance and his team.

– Kanayo Awani, Executive Vice President and her team.

The conference was a unique opportunity to hear industry leaders speak on some of the key topics impacting our markets including:

– The re-ordering of global supply chains during the Ukraine crisis and its implications for African economies and trade.

– The African path to economic independence with the African Continental Free Trade Area (AfCFTA) agreement. Has the AfCFTA been capable so far of removing the bottlenecks seen in intra Africa trade?

– The necessity to transform African economies from pure exporters of commodities to creators of added value by processing commodities locally and export the finished or by-products.

– Identifying more tangible ways through which African countries can tackle African problems with African solutions, harnessing the continent’s financial system to support the funding of major projects that are key to Africa’s growth

– Intra Africa trade growth and its challenges.

Congratulations to African Export-Import Bank (Afreximbank) for its continued success and for organizing such an informative and inspiring event.