[ad_1]
"The migrant crisis is one of the most serious weaknesses of our time, which shows men and women who are dying in the seas that separate Africa from Europe: this crisis is a crisis of unemployment and the lack of employment opportunities for our young people, "said Rwanda's finance minister at the opening of the last day of Afreximbank's annual meetings in Abuja .
"Afreximbank's strategic plan has initiatives that deal directly with this problem, trying to help by creating an export processing center, funding the development of megaprojects and three fund-raising projects. investment to provide financial support to exporters, "added the chairman of the general meeting of Afreximbank
. Ndagijimana, "the bank has begun to implement the strategic plan by 2021, at the center of which is the expansion of intra-African trade, which will protect the vulnerabilities of international markets and reduce dependence on With respect to raw material savings. "
Rising oil prices and China's economic growth "are good news for the continent," said Uzziel Ndagijimana, noting that Afreximbank has done what it should do in the event of crisis. we created a counter-cyclical financial instrument to provide liquidity to central banks and protect economies, which ended last December after providing $ 10.5 billion, which helped stabilize economies, "he said. The Minister of Finance, Rwanda
In response, Afrexibank's General Assembly President announced that "despite the challenges, the bank has achieved good results, having distributed $ 57 million to shareholders in 2017, compared with 37 million in 2016 "
Afreximbank, whose annual meetings end today in Abuja, the capital of Nigeria, is a support bank for trade, exports and imports in Africa The shareholders are public and private entities divided into four categories and include African governments, central banks, regional and sub-regional institutions, private investors and financial institutions. , export credit agencies and private investors, in addition to non-African financial institutions and individual investors.
[ad_2]
Source link
