Afreximbank: From Oramah’s boom to Elombi’s build

Afreximbank: From Oramah’s boom to Elombi’s build


African Export–Import Bank (Afreximbank) has its Cairo headquarters standing as a beaming testimony to its ambition, evidencing a charge delivered from trade deficits and dependency. Professor Benedict Oramah took the helm in 2015, pledging to build a “solid African bank” capable of financing the continent’s trade dreams. 10 years later, the veteran banker steps aside as the numbers tell an impressive story.

Having inherited a $5 billion balance sheet in 2015, Oramah inflated it by almost eight fold to $38 billion within ten years of his ste

African Export–Import Bank (Afreximbank) has its Cairo headquarters standing as a beaming testimony to its ambition, evidencing a charge delivered from trade deficits and dependency. Professor Benedict Oramah took the helm in 2015, pledging to build a “solid African bank” capable of financing the continent’s trade dreams. 10 years later, the veteran banker steps aside as the numbers tell an impressive story.

Having inherited a $5 billion balance sheet in 2015, Oramah inflated it by almost eight fold to $38 billion within ten years of his ste



Source: Businessday

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