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News

Nigeria to Host 32nd Afreximbank Annual Meetings in June

Genesis Obong
By Genesis Obong
Published: February 13, 2025
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Nigeria’s international profile is set to receive a significant boost following its selection to host the 32nd Afreximbank Annual Meetings (AAM) in June. This landmark event, expected to draw between 5,000 and 6,000 delegates from across the globe, will provide a crucial platform for discussing Africa’s economic trajectory and navigating the challenges of a rapidly changing world.

The announcement, made by Finance Minister Wale Edun, underscores Nigeria’s commitment to fostering economic growth and solidifying its position as a leader within the African continent. “Nigeria is delighted to work with Afreximbank management and give them full support,” Edun emphasised, highlighting the bank’s pivotal role in supporting Africa’s development, particularly in crucial sectors like healthcare.

Indeed, Afreximbank’s impact on Nigeria’s healthcare landscape is undeniable. The upcoming operationalisation of the African Medical Centre of Excellence (AMCE) in Abuja, an initiative spearheaded by the bank, promises to revolutionise healthcare access within the country and the wider West African region. By addressing critical capacity gaps and reducing the need for costly medical tourism, the AMCE will have a profound and enduring impact on the lives of countless Nigerians.

For Afreximbank, the 32nd AAM will be a momentous occasion. Not only will it serve as a crucial forum for discussing strategies to navigate global economic headwinds, including geopolitical tensions and the rise of protectionism, but it will also mark a significant leadership transition as President and Chairman of the Board of Directors, Prof. Benedict Oramah, prepares to step down after a distinguished career.

Read Also: Nigerian Airlines to Receive Boost from Afreximbank Aircraft Financing

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“The meetings will provide an opportunity to reflect on Africa’s economic progress over the past three decades and discuss strategies for the future,” Oramah stated. He expressed confidence that the event would not only yield insightful discussions but also pave the way for a smooth and successful leadership transition, ensuring the bank’s continued success in supporting African trade and development.

Nigeria, with its proven track record in hosting major international events, is well-poised to ensure the success of the 32nd AAM. The country previously hosted the bank’s 25th anniversary celebrations in 2018, attracting over 3,000 participants. This experience, coupled with the unwavering support of the Nigerian government, bodes well for a highly successful and impactful gathering.

The 32nd Afreximbank Annual Meetings will not only showcase Nigeria’s economic prowess to the world but also serve as a catalyst for further economic growth and development across the African continent. As the event draws closer, anticipation is mounting, and the international community eagerly awaits this crucial gathering of minds to address the challenges and opportunities facing Africa in the 21st century.

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TAGGED:AfreximbankAfricaBenedict OramahEconomyFinanceNigeriaTradeWale Edun
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ByGenesis Obong
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Genesis Obong is a Journalist with relevant experience in Business, Finance and Economic matters in Nigeria and across the West African space.
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