Afrexim Bank To Introduce Trade Facilitation Programme
Afrexim Bank headquarters in Cairo Egypt. Image: Guardian NG

The African Export-Import Bank (Afreximbank) has called on financial gurus in the continent to promote intra-African trade.

This came from the Executive Vice President, Business Development and Corporate Banking in African Export-Import Bank (Afreximbank), Amr Kamel at the bank’s Annual Seminar and Workshop on Structured Trade Finance in Casablanca, Morocco.

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Kamel also called on the media to inform the people and promote the importance of intra-African trade.

According to him, “Morocco has undergone an incredible transformation after efforts to modernise and expand its infrastructure, upgrade roads, ports and airports to support its intention of becoming a commercial crossroad between Africa and the West.

“Electricity has reached 99 percent of the population and more than 85 percent have access to potable water.

“Manufacturing has become a mainstay of the economy with Morocco emerging as Africa’s largest automotive producer and a hub for aeronautical manufacturing.”