By Bishop Witmos in Abuja, Nigeria
Abuja, June 24, Mana: President Dr. Lazarus Chakwera has arrived in Abuja, Nigeria where he is expected to join fellow African and Caribbean Heads of State and Government, development partners and global financial thought leaders at the 32nd African Export-Import Bank (AFREXIM) annual meetings, scheduled to take place from June 25 to 27.
AFREXIM Bank annual meeting is one of the most anticipated gatherings on the African Continent, which features high-level policy discussions on issues pertinent to the socio-economic development of the region.
Upon arrival at Nnamdi Azikiwe International Airport, President Chakwera, accompanied by the First Lady Madam Monica Chakwera was welcomed by Nigerian Chief of Protocol, Ibrahim Agumbi, Malawi’s Minister of Foreign Affairs, Nancy Tembo and other government officials.
During the high-level summit, President Chakwera will hold bilateral talks with world leaders to forge deeper partnerships in priority sectors within Malawi’s development agenda namely; Agriculture, Tourism and Mining, together with other key sectors.
Among the series of meetings, President Chakwera will hold bilateral talks with his Nigerian counterpart, Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, Professor Benedict Oramah, President and Chairman of the Board of Directors of AFREXIM Bank and other key African leaders to promote investment opportunities in Malawi and forge partnership.
This year’s theme: ‘Building the future on decades of resilience,’ reflects the progress that African nations have made over the past three decades and the bold steps that are imperative to navigate the increasingly complex global landscape.
AFREXIM Bank is a Pan-African multilateral financial institution mandated to finance, facilitate and promote intra and extra-African trade.
For over 30 years, the bank has been deploying innovative instruments to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerate industrialization and intra-regional trade.
The bank has for the past years supported Malawi’s economic development and industrialization efforts through various initiatives, including a landmark US$100 million (K173 billion) Trade Finance Facilitation Facility agreement in September 2024, with National Bank of Malawi (NBM) to support trade transactions in the manufacturing, energy and agriculture sectors.
