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Crest City News Blog of Sunday, 18 June 2023

Source: Crest City News

Chakuera Arrives in Ghana

President Lazarus Chakwera has arrived at Kokoto International Airport in Accra, Ghana, to attend the 30th Annual Meeting of the Afrexim Bank.


Ghana's Minister of Information, Kojo Oppong Nkrumah, Malawi's Minister of Foreign Affairs, Nancy Tembo, and Ghana's High Commissioner to Malawi, Khadija Iddiu, greeted the President upon his arrival.

During his trip to Ghana, the President will hold bilateral meetings with Ghana's President Nana Addo Dankwa Akufo-Addo, Nigeria's President Bola Ahmed Tinubu, and Benedict Oramah, Chairman of the Board of Directors of Afrexim Bank.

Currently, preparations are being made for the bank's annual meeting, which will be held from Sunday to Wednesday at the Accra International Conference Centre.


The annual meeting of the bank's shareholders is being held in Ghana this year under the theme "Delivering the Vision, Building Prosperity for Africans." In attendance will be African and Caribbean leaders, senior government officials, policymakers, corporate executives, bankers, and academics.

Nana Addo Dankwa Akufo-Addo, President of Ghana, Mia Amor Mottley, Prime Minister of Barbados, Aliko Dangote, Chairman of Dangote Group, and Didier Drogba, President of the Drogba Foundation, are among the notable speakers at the meeting.

Afrexim Bank is a pan-African supranational multilateral financial institution that was founded in 1993 with assistance from the African Development Bank. It aims to finance and promote intra- and extra-African trade by providing its clients with trade and project finance, guarantees and credit insurance, as well as information and advisory services.


The bank is owned by fifty African governments, African continental, regional, and subregional institutions, African private investors and nationals, and international financial and economic institutions.

In Malawi, the bank has recently committed K932 billion through the Export Development Fund for the development of two of the country's four industrial parks—one in Matindi, Blantyre, and one in Area 55, Lilongwe—scheduled to begin this year.

In addition, Afrexim Bank provides financing for the mega farms, one of Chakwera's signature programs.