Today, we celebrate the opening of the offices of the Fund for Export Development in Africa (FEDA), in Kigali, Rwanda. FEDA, the development impact investment platform of the Africa Export Import Bank (Afreximbank), is mandated to implement the Bank’s equity investment across Africa. Its primary objective is to provide developmental equity and quasi-equity capital to companies that are involved in intra-African trade and export development/manufacturing in Africa. FEDA is poised to play a pivotal role in addressing Africa’s $110 billion financing shortfall in equity financing for intra-African trade, value-added export development and industrialisation value chains. This historic occasion was marked by the unveiling of a plaque by Rt. Hon. Dr. Edouard Ngirente, Prime Minister of the Republic of Rwanda, alongside Prof. Benedict Oramah, President and Chairman of Afreximbank and Chairman of the Board of Directors of FEDA. #Afreximbank #FEDA #GlobalAfrica #IntraAfricanTrade

Today, Afreximbank announces a landmark MoA agreement with King’s College London to establish a medical and nursing school in Abuja, Nigeria. The signing ceremony, held at King’s College London’s Strand Campus on November 24, is a significant step towards transforming healthcare education and training in Africa. The MoA sets the stage for initiating a scoping study that will determine the feasibility of their plan to jointly establish a state-of-the-art medical and nursing school alongside the African Medical Centre of Excellence (AMCE) in Abuja, Nigeria. The project will draw on King’s world-leading insight and expertise in healthcare education and training to create a model that will benefit the entire African continent. The MoA represents a bold step towards an empowered healthcare landscape, defining a new era for the continent. The establishment of a cutting-edge medical and nursing school is a significant stride towards ensuring that Africa possesses the expertise and resources to meet its own healthcare needs. With the support of King’s College London, this partnership holds the potential to transform Africa’s healthcare sector, delivering quality healthcare workers, doctors, nurses, and scientists not only for Africa but for the world. Together, we embark on a journey that not only bridges the healthcare gap but also redefines the standards of medical education in Africa. #Afreximbank #KingsCollegeLondon, #AMCE #AfricaHealthcareTransformation