Afreximbank selects Nigeria for rollout of new healthcare programme


benedict_oramah_afreximbankAfreximbank, the African Export-Import Bank has selected Nigeria as one of its three choice countries for the initial rollout of it latest healthcare delivery programme.

The bank’s president, Dr Benedict Oramah, issued a statement in Cairo on 22 December that he took this decision when the delegation from the Nigerian Embassy visited him on the 22.

Oramah said that the programme, which would be implemented in collaboration with UK-based Kings College Hospital Management Limited, would also be rolled out in Ghana and Kenya.

He commended the Nigerian Ministry of Health for its support of the initiative, which he said was aimed at developing world class medical and health facilities across Africa.

According to him, the programme will establish medical centres of excellence and commence with haematological medicine.

He explained that Nigeria was the largest recipient of Afreximbank loans, having received almost 33 per cent of the portfolio, or 21 billion dollars from the bank since it started operations.

The facilities went mainly to financial institutions for activities in the agricultural, electricity supply, value added activities and other sectors, the bank boss added.

Oramah noted that the bank recently launched Counter-Cyclical Trade Liquidity Programme, aimed at helping African countries to address their foreign currency liquidity issues, had helped Nigeria to withstand abrupt market disruption.

Responding, Mohammed Adbulkadir Maccido, the Chargé d’Affaires of the Nigerian Embassy, commended the extensive achievements that had been recorded by Afreximbank since its creation.

Maccido urged the bank to promote its services and programmes to African diplomatic representations in Cairo since those services could meet the peculiar needs of their respective countries.

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 and headquartered in Cairo.