Cairo, 22 December 2017: – The African Export-Import Bank (Afreximbank), the FCI and the University of Malta today in Cairo announced the opening of registrations for the 2018 cohort of the Certificate of Finance in International Trade (COFIT).
Stephen Kauma, Afreximbank’s Director & Global Head of the Human Resources Department, said that COFIT 2018, which is open to banking and trade finance professionals from across Africa, will be delivered in four full-time modules of one week each. Two modules will be delivered in Malta and the other two in Cairo, with the first module taking place in Malta from 16 April and all presentations taking place in English.
Mr. Kauma said that COFIT was developed to meet the demands of the commercial world and offered a platform for participants to increase their understanding of all aspects of international trade, import and export business, finance of international trade, supply chain finance and commercial finance, including factoring, invoice discounting and asset based lending, among other areas.
He encouraged Afreximbank’s partner organisations to enroll their staff members for COFIT 2018 to give them essential insight, awareness and understanding of international trade for their career development and for enhanced skills.
Mr. Kauma said that the full tuition fees for the programme amounted to Euro 6,750 per student but added that Afreximbank would offer a 50 per cent partial tuition scholarship to the first seven people who confirm attendance and finalise their registration requirements.
COFIT 2018 follows the successful delivery of COFIT 2016, from which 12 students graduated, and COFIT 2017 which will graduate seven students in early 2018.
Please click here to access the COFIT brochure for full details about the Programme.
Completed registration forms should be submitted by email, not later than 15 February 2018, to: aemam@afreximbank.com or jphabyarimana@afreximbank.com .
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Media Contact: Obi Emekekwue (oemekekwue@afreximbank.com; Tel. +202-2456-4238)
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About Afreximbank:The African Export-Import Bank (Afreximbank) is the foremost pan-African multilateral financial institution devoted to financing and promoting intra- and extra-African trade. The Bank was established in October 1993 by African governments, African private and institutional investors, and non-African investors. Its two basic constitutive documents are the Establishment Agreement, which gives it the status of an international organization, and the Charter, which governs its corporate structure and operations. Since 1994, it has approved more than $51 billion in credit facilities for African businesses, including about $10.3 billion in 2016. Afreximbank had total assets of $11.7 billion as at 31 December 2016 and is rated BBB+ (GCR), Baa1 (Moody’s), and BBB- (Fitch). The Bank is headquartered in Cairo. For more information, visit: www.afreximbank.com