Afreximbank Academy to Host Training Programme on AfCFTA Benefits
Date: 10 July 2024
The African Export-Import Bank (Afreximbank) is set to launch a capacity development program to empower African corporates to leverage the African Continental Free Trade Area (AfCFTA). The initiative, led by the Afreximbank Academy (AFRACAD) in collaboration with the AfCFTA Secretariat, will equip businesses with essential skills to navigate and thrive in the evolving intra-African trade environment.
Program Details:
- Duration: 9 to 13 September 2024
- Location: Cairo, Egypt
- Partners: American University in Cairo and AfCFTA Secretariat
The training program will focus on understanding the business implications of the AfCFTA and the opportunities it presents. It aims to provide practical insights to help corporates leverage the AfCFTA, translating complex treaty instruments into accessible language. The program also addresses the requirements businesses must meet to capitalize on the expanding AfCFTA market.
Key Highlights:
- Competency Building: Dr. Yemi Kale, Afreximbank’s Group Chief Economist, emphasizes the importance of building local industrial competencies to benefit from the AfCFTA’s single market.
- Strategic Insights: Mr. Tsotetsi Makong from the AfCFTA Secretariat highlights the need for a value chain approach in capacity building, ensuring that investments and competences are aligned with the AfCFTA’s objectives.
- Target Audience: The program targets African corporates, trade support institutions, export trading companies, foreign trade community, and bank executives.
The initiative is part of Afreximbank’s broader efforts to promote intra- and extra-African trade and investments, contributing to sustainable economic growth in Africa. For more details and registration, please visit Afreximbank.
About Afreximbank: Afreximbank is a Pan-African multilateral financial institution focused on financing and promoting intra- and extra-African trade. With assets over US$37.3 billion, the bank supports the AfCFTA and aims to transform Africa’s trade structure.
About AFRACAD: AFRACAD is the corporate academy of Afreximbank, providing high-impact learning solutions in trade and project finance, industrial capacity, and more.
For further details, visit the original press release.
