Former vice-presidential candidate, Peter Obi, has described the re-election of Prof. Benedict Oramah as the President of African Export-Import Bank (Afreximbank), as an obvious reward for hard work.
In a press release on Thursday, Mr Obi congratulated Oramah, saying that his re-election as Afreximbank’s president was a clear manifestation that he performed well in his first tenure.
“Your recent re-election as the President of African Export-Import Bank (Afreximbank) brings to bare the saying that the reward for hard work is more work. Your first five years as the President of the Pan-African multilateral financial institution were obviously successful and decorated with numerous achievements, the reason you were re-elected,” Obi said in the congratulatory message.
Oramah, who was re-elected on June 14, 2020 at Cairo, Egypt during Afreximbank’s 27th Annual General Meeting of Shareholders, which was held by circulation of resolutions due to the COVID-19 pandemic situation, appreciated the opportunity given to him again to serve Africa on such capacity.
In an acceptance statement released shortly thereafter, Oramah told shareholders that the bank’s ultimate goal under his second term of office is the realisation of Africa’s strategic ambition to create an integrated market.
“We want an Africa where the foundations of the African Continental Free Trade Agreement (AfCFTA) are laid expeditiously so that the 84,000 kilometres of borders that have divided us for ages can begin to come down,” he said.
Obi then urged Oramah to see his office as an avenue to build a bigger and better Africa with stronger and booming economies, zero unemployment rate and a massive investment into the education, health and MSME sectors, which he said, were capable of lifting millions of Africans from poverty.
