Tinubu, Afreximbank Discuss Strengthening Economic Cooperation Across Africa
Tinubu said Africa must shift from raw-material exports to value addition, while Afreximbank pledged $2 billion for Nigeria’s cotton and garment industry.
- On Tuesday, President Bola Ahmed Tinubu urged the African Export-Import Bank to mobilize Africa's human, financial, and natural resources for industrialization during a State House visit in Abuja, emphasizing practical action over theoretical discussion.
- Afreximbank President and Chairman of the Board George Elombi led a delegation to brief Tinubu on the bank's investment portfolios spanning trade, agriculture, and healthcare across Nigeria and the continent.
- Elombi highlighted the bank's $2 billion commitment to Nigeria's cotton and garment industry and involvement in major infrastructure projects including the Lagos-Calabar Coastal Highway and Kano-Maradi Railway line.
- President Tinubu called for Afreximbank to synergize with the Bank of Agriculture and boost crop production, while noting his government created the Federal Ministry of Livestock Development to convert farmer-herder conflicts into economic opportunities.
- Minister of State for Industry Senator John Owan Enoh described the administration's Eight-Point Renewed Hope Agenda as a transformative blueprint repositioning Nigeria for sustainable industrial expansion, trade growth, and shared prosperity.
12 Articles
12 Articles
Tinubu, Afreximbank Discuss Strengthening Economic Cooperation Across Africa
President Bola Tinubu on Tuesday urged the leadership of African Export-Import Bank (Afreximbank) to intensify efforts to mobilise and deploy the continent’s vast human, financial, and natural resources for the collective economic advancement of Africans.He spoke during a visit by a delegation from Afrieximbank, led by its President and Chairman of Board, Dr George Elombi, to State House, Abuja.According to him, Africa’s drive for industrialisat…
Tinubu tasks Afreximbank to mobilise resources for Africa’s...
President Bola Ahmed Tinubu has urged the African Export-Import Bank (Afreximbank) to intensify efforts to mobilise Africa’s human, financial and natural resources to accelerate the continent’s industrialisation and economic growth. He made the call on Tuesday while receiving a delegation led by the President and Chairman of the Board of Afreximbank, Dr George Elombi, at the State House, Abuja. Tinubu said Africa must move beyond discussions and…
Tinubu tasks Afreximbank to mobilise resources for Africa's industrialidation
President Tinubu stated this when he received a delegation from Afrieximbank, led by its President and Chairman of the Board, Dr George Elombi, to the State House, Abuja. The post Tinubu tasks Afreximbank to mobilise resources for Africa’s industrialidation appeared first on Vanguard News.
President Tinubu Tasks Afreximbank on Africa's Industrial Growth
President Bola Ahmed Tinubu has urged the African Export-Import Bank (Afreximbank) to accelerate the mobilisation and deployment of Africa’s human, financial and natural resources to drive the continent’s economic transformation, following the Bank’s $20 billion investment in the Nigerian economy over the past five years. President Tinubu made the remarks while receiving a delegation from the African Export-Import Bank (Afreximbank), led by its …
Afreximbank Backs Kano-Maradi Rail, Commits $2bn To Cotton Industry
President Bola Tinubu has been briefed on the African Export-Import Bank’s investment in the Kano-Maradi railway project as part of broader efforts to strengthen regional trade and industrialisation across West Africa. The disclosure was made during a meeting between President Tinubu and a delegation of Afreximbank led by its President and Chairman of the Board, Dr. George Elombi, at the State House in Abuja. Elombi said the bank is supporting k…
Tinubu to Afreximbank: Speed Up Move to Mobilise Resources for Africa’s Industrialisation
President Bola Tinubu has charged the leadership of African Export-Import Bank (Afreximbank) to intensify efforts to mobilise and deploy the continent’s vast human, financial, and natural resources for the collective economic advancement of Africans. Tinubu said Africa’s drive for industrialisation could not remain a subject of theoretical discussion. He spoke yesterday during a visit by a delegation from Afrieximbank, led by its President and C…
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