In a significant move to solidify its position as a leader in African trade and economic development, Nigeria has officially secured the hosting rights for the 2025 Afreximbank Annual Meetings (AAM2025) in Abuja.
This development underscores Afreximbank’s confidence in President Bola Ahmed Tinubu’s administration and Nigeria’s pivotal role in advancing intra-African trade.
The agreement was formalized at the Ministry of Finance Headquarters in Abuja on Tuesday evening, with Wale Edun, Minister of Finance and coordinating miniter of the economy representing and signing on behalf of the Nigerian government.
Benedict Oramah, Afreximbank President signed on behalf of the bank.
Read also: Afreximbank launches African research, innovation hub to boost trade
Edun emphasized that hosting AAM2025, which is the 32nd since the bank commenced operations, will serve as a critical platform to drive discussions on trade financing, economic growth, and investment opportunities across Africa.
He said the event is a testament to government’s commitment to strengthening Africa’s financial sector and positioning Nigeria as a hub for economic transformation.
“Nigeria is honoured to host the 2025 Afreximbank Annual Meetings, which will serve as a critical platform to drive discussions on trade financing, economic growth, and investment opportunities across Africa.
“We have been chosen because we are qualified and ready,” Edun stated.
Speaking on potential gains of hosting the event, he said it will reinforce Nigeria’s status as a global investment destination while fostering stronger cross-border trade across Africa.
Read also: Keyamo secures Afreximbank deal to boost aircraft financing
Scheduled from June 23 to June 27, 2025, AAM2025 is expected to attract over 5,000 delegates who will focus on enhancing trade financing for African businesses and expanding SME opportunities.
Oramah commended Nigeria’s leadership in promoting trade and economic development, highlighting that this event will further reinforce its influence on Africa’s financial landscape.
He said that the bank’s board made an intentional decision to give Nigeria the hosting right in show of trust and confidence in the government and economy.
The bank’s stakeholders are also confident of Nigeria’s capacity to effectively to host the prestigous meeting.
The 2025 Afreximbank Annual Meetings will serve as a poignant farewell event for Oramah, who is set to retire after a decade of distinguished service at the helm of the institution.
His tenure has been marked by significant contributions to African trade and economic development, and his leadership will be remembered as pivotal in shaping the bank’s strategic direction.
As he prepares to step down, Oramah leaves behind a legacy that underscores his commitment to advancing intra-African trade and industrialization.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp
