Afreximbank President Welcomes Cape Verde Vice Prime Minister

Categories: News, Press Releases

Afreximbank President Prof Benedit Oramah (L) receives gift from Olavo Avelino Garcia Correia Vice Prime Minister and Minister of Finance of Cape Verde.

Cairo 28 Feb. 2019 – The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, yesterday in Cairo received Olavo Avelino Garcia Correia, Vice Prime Minister and Minister of Finance of Cape Verde, who visited the Bank’s headquarters on a courtesy call.

Speaking during the meeting, Mr. Correia said that Cape Verde intended to set up a special economic zone and requested the Bank’s assistance in achieving that and in attracting investors that would invest in the project.

He said that the government would also like to implement a technology park, a special maritime zone and a manufacturing hub, which, he noted, all fell within the Industrialization and Export Development Strategy of the Bank.

The Vice Prime Minister also requested support from the Bank in financing local promoters of hospitality projects in Cape Verde.

Afreximbank President Prof. Benedict Oramah ushers Olavo Avelino Garcia Correia, Vice Prime Minister of Cape Verde, to sign the guest book

In his response, President Oramah expressed Afreximbank’s readiness to support the government to actualize critical projects that were within its mandate. The Bank was willing to support local promoters of viable hospitality projects, he added. Accompanying Mr. Correia on the visit was Carla Cruz, National Director, National Directorate for Planning, of Cape Verde.

Olavo Avelino Garcia Correia, Vice Prime Minister of Cape Verde, signs the Afreximbank guest book.