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Afreximbank President
Dr. Benedict Oramah (Left) with Aliko Dangote, President of the Dangote Group.
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The African Export-Import Bank (Afreximbank) will partner
with the Dangote Group, one of Africa’s leading indigenous multinational
corporations, in promoting intra-African trade, Afreximbank President Dr.
Benedict Oramah announced in Lagos today.
Dr. Oramah, who was speaking during a visit with Aliko
Dangote, President of the Dangote Group, said that his intention, during his
tenure as President of Afreximbank, was to direct heightened focus to
developing and promoting trading activities among African countries in order to
spur economic development and integration.
Afreximbank was, therefore, committed to making the
necessary commitment to ensure effective collaboration between it and the
Dangote Group in the field of intra-African trade, stated the President.
Earlier, Mr. Dangote told Dr. Oramah that his Group’s
current initiatives included the construction of a 650,000 oil barrels (bbl)
capacity refinery in Nigeria, expansion of a cement plant in Ethiopia and cross
border intra-African trade in cement.
Mr. Dangote, reportedly the single largest investor across
Africa, is reputed to be the continent’s wealthiest man.
Obi Emekekwue
Afreximbank External Communications
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