All You Need To Know About Ghana’s Delegation At The Afreximbank Annual General Meetings

Hon Abena Osei-Asare, Minister of State and a team from Ghana attended the 2024 Africa Export-Import Bank (Afreximbank) Annual Meetings and the 3rd African-Caribbean Trade and Investment Forum (ACTIF2024) taking place in Nassau, Bahamas from 12th to 15th June, 2024.

The AGM under the theme, “Owning Our Destiny: Economic Prosperity on the Platform of Global Africa,” will bring together more than a thousand delegates including African/Caribbean leaders and senior government officials, African and non-African policymakers, corporate and business leaders, bankers, entrepreneurs, academics, and other thought leaders.

Ghana currently chairs the Shareholders and Advisory Group, and the Hon Minister of State will chair the shareholders meeting scheduled for Saturday 15th June.

Hon Osei-Asare, who is also the MP for Atiwa East will deliver the opening remarks at the opening ceremony as well as opening remarks for the plenary session on the theme, “Economic Transformation for Global Africa in a Polycrisis World”.

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

The delegation will also attend the AfriCaribbean Trade and Investment Forum, seminars, and plenaries, as well as bilateral meetings and statutory meetings.

Afreximbank support to Ghana’s public and private sector currently stands at US$1.761 billion, with another US$1.706 billion transactions under consideration.

Ghana is a founding member of the Afreximbank, having signed the agreement establishing the Bank at inception and ratified the same. Ghana is also a shareholder of the Bank through the Bank of Ghana, holding 3,645 Class “A” shares, which represent 2.41% of the Bank’s total shareholding.

The African Export-Import Bank (Afreximbank) is a pan-African multilateral trade finance institution created in 1993 under the auspices of the African Development Bank (AfDB) to finance and promote trade within and outside Africa. It is owned by African governments, the AfDB, other African multilateral finance institutions as well as African and non-African public and private investors. The Bank provides support in (i) trade and project finance; (ii) sovereign loans; (iii) syndicated loans; (iv) guarantees; and (v) advisory services.

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Ghana hosted the 2023 Annual Meetings of the Bank which attracted about three thousand delegates, and which also included programmes for the Bank’s 30th anniversary.

For the first time, the Afreximbank Annual Meetings have included the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF2024). This program explores the Global Africa platform, which aims to open up new perspectives for the Caribbean through investments from African and global diaspora; with the expected signing of more than 25 deals and the announcement of new commercial and development initiatives.