The fund is designed to support and stabilize the foreign exchange resources of African countries.
Oramah has been re-appointed by Afreximbank as President of the Pan-African multilateral financial institution.
Afreximbank has pledged $500 million for the production and trade of African cultural and creative products over the next two years.
The Creative Africa Exchange (CAX) in collaboration with Afreximbank and others is set to organize the first Creative Africa Exchange Weekend.
Afreximbank has sealed an agreement with ITFC to receive a $100 million credit facility in order to promote Arab-Africa trade and investments.
The President of Afreximbank, Prof. Benedict Oramah has urged Nigerians and other African countries to take advantage of AfCFTA.
The Afreximbank has signed a partnership deal with Thelo DB Proprietary Limited to develop, finance and operate railway projects in Africa.
The President of Afreximbank, Prof Benedict Oramah has said that Nigeria needs to start using technology to control smuggling.
Afreximbank has disclosed that in the last three years, its contributions to the maritime sector amount to more than $500 million facilities.
