Afreximbank promises to finance Enugu’s projects
The African Export-Import Bank, Afreximbank, has committed to financing key projects of the administration of Enugu Governor Peter Mbah aimed at driving development and investment in the state. Speaking yesterday during a visit to the Government House, Enugu, the president of Afreximbank, Prof. Benedict Oramah, said the bank’s interest in Enugu State stemmed from Mbah’s […]
The African Export-Import Bank, Afreximbank, has committed to financing key projects of the administration of Enugu Governor Peter Mbah aimed at driving development and investment in the state.
Speaking yesterday during a visit to the Government House, Enugu, the president of Afreximbank, Prof. Benedict Oramah, said the bank’s interest in Enugu State stemmed from Mbah’s vision which, be noted, was in line with the bank’s goals and objectives for the rapid development of Africa.
Oramah described Mbah’s investment and development drive as impressive, saying “I know we’ve identified specific areas, where we intend to quickly advance collaboration. We want to take a look at the hotel and the conference centre that’s under development to work with you and see how quickly we can complete them.”
He added: “We also are very interested in supporting the development of the new terminal at the airport and especially the cargo and, of course, using it as a base to implement and grow an agro-processing zone. The airport will be critical in getting that done.
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“We also think the work that is being done at the hospital is nice. We’re working on the African Medical Centre of Excellence. We’re building one in Abuja. So, it’s in that spirit that we will be looking at that medical centre to see how we can bring it into the circle. We’re also interested in considering the development of solid minerals in Enugu State. We’d follow that very closely to see also how we can play a role.”
Governor Mbah thanked the Afreximbank President for prioritising Enugu State in its plans and reiterated his administration’s determination to grow the state’s economy from $4.4bn to $30bn
“Our aim is to make Enugu State the premier destination for investment. We’re determined to make it easy for the investors to come in. So, we are highly impressed and very happy about the collaboration with Afreximbank and its affiliates. We’ve truly looked forward to this day because all that is lacking in everything we’ve said here is the necessary financial support. But with the assurances we’re getting from you and with the zeal we both have in realising or accomplishing these projects, I:ve no doubt in my mind that our partnership will become a model”, he said.