The Shareholders of Afreximbank will be holding their 16th General Meeting at the Grand Palm Hotel, Gaborone, Botswana, during June 30-July 4, 2009, the Management of Afreximbank announced here today. As is the practice, Shareholders will, at that Meeting, review the activities and operations of the Bank during 2008 and deliberate on very important issues concerning the near- to medium-term operations and activities of the Bank. The meeting is expected to be declared open by a senior official of the Government of Botswana. Mr. Jean-Louis EKRA, President of the Bank and other high dignitaries of the host government and diplomatic corps are expected to attend the opening ceremony.
As part of the activities marking the event, the 15th Meeting of the Bank’s Advisory Group on Trade Finance and Export Development in Africa (the “Group” or “Advisory Group”) will hold on July 3, 2009. The Group’s deliberations will focus on the Theme: “MAKING AFRICA’S FOREIGN EXCHANGE RESERVES WORK FOR AFRICA: A CASE FOR AN OPTIMAL INTRA-AFRICAN FOREIGN EXCHANGE RESOURCE RE-ALLOCATION“. Two Lead Lectures focused on this Theme will be delivered. Following the lead Lectures, a Panel will be constituted to debate the subject: “CHALLENGES AND OPPORTUNITIES FOR MANAGING AFRICA’S RESERVES BY AFRICAN FINANCIAL INSTITUTIONS“.
The Bank will also organize an Investment Forum to show case investment opportunities in Botswana during the Meetings. At this year’s Forum, three papers titled: (i) Investment Climate in Botswana; (ii) Investment Opportunities in Botswana’s Tourism Sector; and (iii) The Establishment of a Commodities Exchange in Botswana, will be presented. The expectation is that the Forum, which will be attended by prospective investors from within and outside Africa, the Bank’s partner banks and other entities, will enable Botswana to show-case opportunities for productive investments in that country. As part of the events marking the Forum, the organized private sector of Botswana will mount an exhibition on the theme: “Sustainable Economic Diversification through the Promotion of Local Entrepreneurs”
African Export-Import Bank is a pan-African Eximbank established in 1993 with a mandate of promoting intra-and extra-African trade. Apart from Governments, its shareholders include African multilateral institutions, as well as African and non-African financial institutions and private investors. The Botswana Government is a shareholder of the Bank.
Afreximbank
P.O. Box 404 Gezira
Cairo Egypt
cairo, June 10, 2009