To achieve its
mandate of expanding intra- and extra-African trade, the African Export-Import
Bank (Afreximbank) is holding a series of back-to-back training activities
aimed at enhancing the finance capabilities of African financial institutions
and corporates.
The Afreximbank forums, seminars and workshops
targeting bankers, financial institutions, regulators and other actors involved
in trade finance activities in Africa to make them better able to deal with the
peculiar specificities involved in financing trade in Africa.
The activities will kick off in Dakar on 28 October
with a two-day Customer Due Diligence and Corporate Governance Forum. The
Forum, which will bring together bankers, corporates, regulators and
representatives of financial institutions from all over Africa, will seek to
develop Africa-specific and standardized solutions to challenges in the
financial services sector and in the area of corporate governance.
It will be followed from 4 to 6 November by the
Afreximbank Structured Trade Finance Seminar/Workshop which will take place in
Lusaka. Aimed at equipping African banks and bankers to deal with risks in
financing trade and supply chain under difficult politico-economic environments
and changing trade counter parties, this three-day package includes a two-day
seminar on the Fundamentals of Structured Trade Finance, which will take place
on 4 and 5 November, and a workshop on Trade and Supply Chain Finance on 6
November.
A third training package is the Afreximbank Factoring
Workshop scheduled to take place on 7 November, also in Lusaka. The event will
bring together legislators and regulators from across East and Southern Africa
to discuss how African countries can take full advantage of the many benefits
of factoring as a trade finance instrument.
Afreximbank President Jean-Louis Ekra said that the
training activities were aimed at ensuring that African banks and financial
institutions are adequately prepared to meet the trade finance needs of the
continent.
He said that, in line with its mandate, Afreximbank
was committed to supporting African financial institutions and corporates to
adapt to the unique challenges associated with African trade.
Obi Emekekwue
Tel. +202-2456-4238)
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