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2024 Afreximbank Annual Meeting and ACTIF2024: Abena Osei Asare leads delegation

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Abena Osei Asare, Minister of State at the Finance Ministry, is heading Ghana’s delegation to the 2024 Africa Export-Import Bank (Afreximbank) Annual Meetings and the 3rd African-Caribbean Trade and Investment Forum (ACTIF2024) in Nassau, Bahamas.

The event, themed “Owning Our Destiny: Economic Prosperity on the Platform of Global Africa,” will gather over a thousand delegates, including African and Caribbean leaders, senior government officials, policymakers, corporate leaders, bankers, entrepreneurs, academics, and other thought leaders.

Ghana, currently chairing the Shareholders and Advisory Group, will see Osei Asare chairing the shareholders meeting on June 15, 2024. Asare, who is also the MP for Atiwa East, will deliver opening remarks at the ceremony and lead a plenary session on “Economic Transformation for Global Africa in a Polycrisis World.”

She will also participate in a high-level policy dialogue on “An Emergent Global Africa: A Platform for Sustainable Economic Transformation.”

The Ghanaian delegation will attend various statutory and bilateral meetings, seminars, and plenary sessions, including the AfriCaribbean Trade and Investment Forum.

Afreximbank currently supports Ghana’s public and private sectors with US$1.761 billion, with an additional US$1.706 billion in transactions under consideration. Ghana, a founding member of Afreximbank, holds 3,645 Class “A” shares through the Bank of Ghana, representing 2.41% of the Bank’s total shareholding.

Background on Afreximbank

The African Export-Import Bank (Afreximbank) is a pan-African multilateral trade finance institution established in 1993 under the African Development Bank (AfDB). It aims to finance and promote trade within and outside Africa, supported by African governments, the AfDB, other multilateral finance institutions, and public and private investors.

The Bank offers trade and project finance, sovereign loans, syndicated loans, guarantees, and advisory services.

Ghana hosted the 2023 Annual Meetings, which attracted about three thousand delegates and celebrated the Bank’s 30th anniversary.

For the first time, the AfriCaribbean Trade and Investment Forum (ACTIF2024) is incorporated into the Afreximbank Annual Meetings, exploring opportunities for Caribbean development through African and global investments.

The forum expects to see the signing of more than 25 deals and the announcement of new commercial and developmental initiatives.

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