Afreximbank to host trade seminar in Nigeria

The Afreximbank in collaboration with Afreximbank Academy (AFRACAD) will be organising a trade finance seminar and workshops with participants cut across the African countries scheduled to hold in Lagos State, South-West of Nigeria, with a leading Cameroon based Non-Governmental Organisation, Women Coalition for Agenda 2030 (WOCA) as major participant

Penpushing reports that the seminar with the theme, “The Future of Trade in the Emerging World of Friend-Shoring will take place between October 3-5, followed by the factoring workshop on October 6, 2023.

The annual training and networking event, is expected to bring Africa’s top finance, business and political leaders together, while also engaged in line up include high-profile speakers from the corporate world as well as key regulatory bodies delivering the latest industry insights and technical learning.

Penpushing further reports that Afreximbank mission statement is to stimulate a consistent expansion, diversification and development of African trade, while operating as a first class, profit-oriented, socially responsible financial institution and a center of excellence in African trade matters.

The organization shared purpose is to also stimulate a consistent expansion and diversification of African trade so as to rapidly increase Africa’s share of global trade; and in doing so, to operate as a first class, profit-oriented, socially responsible financial institution and a center of excellence in African trade matters and shared vision is to consolidate the Bank’s position as “The Trade Finance Bank For Africa”.

Penpushing also reports that the profile has it that the vision is dependent on ability to successfully execute effectively strategy around four strategic pillars, which are “Promote Intra-African Trade,” “Facilitate Industrialization and Export Development,” “Strengthen Trade Finance Leadership” and “Improve Financial Performance and Soundness”.

The profile said the organization success will be defined by the satisfaction of its stakeholders through increased trade finance and improved facilitation of Intra-African trade and value-added exports and improvement in financial performance, which itself positions the body better to achieve developmental objectives.

“Our financial performance is enhanced through strengthened financial soundness and improved business development activities, underpinned by sound risk management practices and adequate capitalization. Through improvements in business development, we are able to leverage diverse channels to provide solutions to our clients and other stakeholders, while improvements in our internal capacities in terms of people, systems and organizational culture are the bedrocks that uphold the increased efficiency of our internal processes’  the profile reads.

“As a self-governing institution, we emphasize strong governance structures as key components of enterprise risk management and promote an organizational culture based on our core values of Uncompromising Integrity, Teamwork, Trust and Respect for the Individual, Innovation, Excellence and flexibility, a passion for learning and drive, professionalism and responsiveness, a commitment to Africa and supporting African Emancipation and Empowerment.

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