The President of the African Export-Import Bank (Afreximbank), Dr. Benedict Oramah, received yesterday the New York University Africa House (NYU) Africa House Leadership Award, as the Institute celebrated its gala biennial.
Presenting the award, Professor Yaw Nyarko, Director of Africa House, said Dr. Oramah had been chosen for his outstanding contributions to promoting intra-African trade, industrialization in Africa and helping the continent to the growth.
Professor Nyarko noted that under the leadership of President Oramah, Afreximbank has witnessed exceptional financial performance, with a significant increase in the asset base and a doubling of the balance sheet to $ 12 billion.
Upon receiving the award, Dr. Oramah stated that he was dedicating the award to the staff of the Bank and its former leaders. “By receiving this extremely important prize,” he continued, “I can announce that I am African and proud because, despite the Afro-pessimism that was at its peak during the creation of his creation, Afreximbank played a catalyst role “.
African trade has increased fivefold, from $ 28 billion in 1994 to about $ 130 billion in 2017.
