Cairo, 22 October 2018: – The African Export-Import Bank (Afreximbank), the FCI+IFG Union and the University of Malta today in Cairo announced the opening of registrations for the 2019 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 2019, 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 Cairo from 08 April 2019 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 2019 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 (7) people who confirm attendance and finalise their registration requirements.
COFIT 2019 follows the successful delivery of COFIT 2016, 2017 programmes from which a total of 15 students graduated, and 7 students of the 2018 COFIT programme to graduate by end of this year 2018.
Full details about the programme can be found in the COFIT programme brochure accessible through the following link:
https://s3-eu-west-1.amazonaws.com/demo2.opus.ee/afrexim/COFIT-2019-Afreximbank-003.pdf
Completed registration forms should be submitted by email, not later than 15 February 2019, to: aemam@afreximbank.com and 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