President Bola Ahmed Tinubu on Tuesday received a high-level delegation from the African Export-Import Bank (Afreximbank) led by its President and Chairman of the Board of Directors, Dr. George Elombi, at the Presidential Villa in Abuja, as discussions focused on strengthening economic cooperation, trade and investment across Africa.
President Bola Ahmed Tinubu on Tuesday hosted a delegation from the African Export-Import Bank (Afreximbank), led by the bank’s President and Chairman of the Board of Directors, Dr. George Elombi, at the Presidential Villa in Abuja.
The meeting formed part of ongoing engagements between the Federal Government and key continental financial institutions aimed at deepening investment, expanding intra-African trade and supporting Nigeria’s economic reform agenda.
Among those present at the meeting were the Chief of Staff to the President, Femi Gbajabiamila, Senior Special Assistant to the President on Finance and Economy, Adenike Laoye, and other senior government officials.
Although the Presidency had yet to release detailed outcomes of the meeting as of the time of filing this report, the engagement comes against the backdrop of growing collaboration between Nigeria and Afreximbank on initiatives designed to boost trade, infrastructure financing and implementation of the African Continental Free Trade Area (AfCFTA).
Afreximbank has remained one of Africa’s leading multilateral financial institutions, providing trade finance, project funding and investment support across the continent.
In recent months, the bank has strengthened partnerships with Nigerian institutions, including the Nigeria Customs Service, to facilitate regional transit systems, improve customs cooperation and accelerate intra-African trade under the AfCFTA framework.
Dr. George Elombi assumed office as President and Chairman of the Board of Directors of Afreximbank in 2025, succeeding Professor Benedict Oramah after his appointment by the bank’s shareholders.
The Presidency is expected to provide further details on the discussions and any agreements reached during the meeting.
The engagement underscores the Tinubu administration’s continued efforts to attract investment, strengthen regional economic partnerships and position Nigeria to benefit from increased trade opportunities across Africa through Afreximbank-backed initiatives.
The meeting between President Tinubu and the Afreximbank delegation highlights the growing importance of collaboration between African governments and continental financial institutions in driving economic growth, industrialisation and cross-border trade. As Nigeria pursues its economic reform agenda, partnerships with institutions such as Afreximbank are expected to play an important role in financing development and expanding regional commerce.
