Tinubu, Cardoso rally stakeholders as Afreximbank meeting begins in Abuja

Tinubu, Cardoso rally stakeholders as Afreximbank meeting begins in Abuja

President Bola Tinubu and the Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, have rallied stakeholders as the African Export-Import Bank Annual Meeting takes off in Abuja, Nigeria.

The meeting will hold from Wednesday, 25th, to Friday, 28th June, 2025.

Tinubu, represented by his special economic adviser, Tope Fasua, highlighted the significance of Afreximbank to the economic prosperity of the African continent.

On his part, the apex bank governor, Cardoso, lauded the strides of Afreximbank.

“From an initial capital base of $750 million—a relatively small amount by international standards—the bank has expanded its capital assets to over $40 billion as of the end of last year,” he stated.

The AAM 2025 has in attendance an avalanche of chief executives of banks in Africa, senior officials of government, captains of industry and participants across the continent.

The event with the theme “Building the Future on Decades of Resilience” reflects Afreximbank’s objective to unlock economic prosperity for Africa.

The spokesperson of the bank, Vincent Musumba, on Tuesday announced that the bank’s assets rose to $40 billion from $4 billion under the leadership of outgoing President, Prof. Benedict Oramah.

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