The African Import Export Bank (Afreximbank), has reiterated its commitment to integrate and transform African economies by promoting Intra-African trading.
A statement issued by the bank on Monday said that its Managing Director on Intra-African Trade, Mrs Kanayo Awani said this at the “Trade with Africa Business Summit’’ in Chicago, United States of America.
Awani said that efforts to open up African markets should be accompanied with industrialisation and capacity building initiatives to help African countries produce value-added goods.
She said that such an approach would allow for such value-added goods to be traded within the continent and globally in a competitive manner.
Awani said that the bank was ready to work with partners, including the United States to promote inclusive growth and socio-economic transformation in Africa.
She said that with the number of Africans in Diaspora, there were opportunities for growth in Diaspora-focused trade in ethnic foods, textiles, the creative industry, including music and film, and tourism.
Edited by Ese E. Ekamahttps://nnn.ng/afreximbank-reaffirms-commitment-to-transforming-africa-through-trade/