The Nigerian government has signed an agreement with the African Export-Import Bank (Afreximbank) to host the 32nd Afreximbank Annual Meetings (AAM) in Abuja. The event, set for June 2025, will bring together African leaders, financial experts, and policymakers to discuss economic progress and future strategies for the continent.
Speaking at the signing ceremony in Abuja, Finance Minister and Coordinating Minister of the Economy, Wale Edun, confirmed that President Bola Tinubu had approved Nigeria’s hosting of the meetings. He assured Afreximbank of full government support, acknowledging the bank’s role in Africa’s economic development.
“We are delighted to work with Afreximbank management and give them our full support,” Edun said.
He praised Afreximbank’s commitment to boosting Nigeria’s economy, particularly its efforts to improve healthcare infrastructure. He described the bank as a “factory of financial innovation, imagination, creativity, and delivery” that has significantly impacted Africa’s economic landscape.
“The president of Afreximbank has positioned the bank as one of the most respected and valued financial institutions on the continent. Nigeria appreciates the support it receives from Afreximbank,” he added.
One of the key projects supported by Afreximbank is the African Medical Centre of Excellence in Abuja. Edun highlighted that the centre, set to begin operations soon, will enhance Nigeria’s healthcare system by reducing medical tourism and providing specialized treatment for West Africa.
Afreximbank President Benedict Oramah described the upcoming meetings as a landmark event. He emphasized that the discussions will reflect on Africa’s economic growth over the past 30 years and explore strategies to address future challenges.
“The meetings will provide an opportunity to reflect on Africa’s economic progress and discuss strategies for the future. Topics will include geopolitical tensions, global trade shifts, and Africa’s place in an increasingly protectionist global economy,” Oramah stated.
The event will also mark a leadership transition for Afreximbank, as Oramah prepares to step down after 31 years of service, including a decade as president. He expressed confidence that the meetings would set the stage for a strong successor to lead the bank into the future.
With Nigeria hosting the event, the country is expected to play a key role in shaping discussions on Africa’s economic direction and strengthening regional financial cooperation.
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