June 22, 2025
Investment

Billions in trade, investment deals expected as Afreximbank annual meetings head to Abuja


Dar es Salaam. The African Export-Import Bank (Afreximbank) is set to host its 32nd Annual Meetings (AAM2025) in Abuja, Nigeria, from June 25 to 27, with billions of dollars in trade and investment deals expected to be announced.

Bringing together an influential line-up of African, Caribbean (CARICOM), and global leaders, the high-level forum will focus on advancing cross-continental trade, fostering innovation, and unlocking fresh investment flows into strategic sectors.

According to a statement issued by the bank, Heads of State, Prime Ministers, central bank governors, business magnates, and leading academics are confirmed to attend.

Themed “Building the future on decades of resilience”, the meetings aim to build momentum for the African Continental Free Trade Area (AfCFTA), deepen South–South cooperation, and strengthen institutional frameworks for economic growth.

Afreximbank president and board chair, Prof Benedict Oramah, said the meetings come at a critical time as Africa navigates global uncertainty with renewed resolve.

“Following a successful 31st edition in The Bahamas, we return to the continent for action-driven dialogue. AAM2025 will focus on catalysing billions in capital for African trade integration, infrastructure, and innovation,” he said. “We are grateful for the support of President of the Federal Republic of Nigeria, Mr Bola Ahmed Tinubu,” he said.

Major deals expected at the summit include public–private partnerships, investment agreements and memoranda of understanding (MoUs) that are projected to unlock billions of dollars in funding over the next 5 to 10 years.

The funds are targeted at strategic sectors such as manufacturing, logistics, renewable energy, fintech, and agribusiness.

In addition to President Tinubu, other key dignitaries expected include former Nigerian President Olusegun Obasanjo and Ambassador Albert Muchanga, African Union Commissioner for Economic Development, Tourism, Trade, Industry and Mining.

Renowned global economists and policy thinkers—such as Prof Jeffrey Sachs (Columbia University), Dr Kishore Mahbubani (National University of Singapore), and Prof Ghulam Mufti (King’s College London)—will also headline the summit.

Africa’s leading entrepreneurs, including Mr Aliko Dangote, President & CEO of Dangote Group, and Mr Tony Elumelu, Chairman of Heirs Holdings, are among the business leaders scheduled to contribute insights.

The meetings are expected to shape regional dialogue around pressing priorities: expanding intra-African trade through AfCFTA implementation, enhancing payment systems to improve cross-border transactions, deepening Africa–CARICOM cooperation, and embedding the private sector into policy reforms.

This year’s summit will also witness the launch of several new initiatives aimed at fostering innovation and improving trade infrastructure.



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