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Dr. George Elombi Leads Afreximbank to Boost Investment in Africa

8 months ago
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The upcoming investiture of Dr. George Elombi as the 4th President of Afreximbank marks a historic moment for investment in Africa and the future of intra-Africa trade benefits. Scheduled for October 24 and 25, 2025, the high-profile event will be broadcast in full by Africa24 Group (https://Africa24TV.com), which has now been officially rebranded as Afreximbank TV for the occasion.

A Strategic Milestone for Pan-African Growth

This two-day ceremony represents more than a change in leadership—it’s a strategic platform to honor outgoing President Professor Benedict Oramah’s legacy and chart a forward-looking vision with Dr. Elombi at the helm. His presidency is set to further strengthen intra-Africa trade benefits, promote regional economic integration, and amplify Africa’s role in global trade.

Held under the theme “A Decade to Build the Pillars of Future Prosperity,” the first day (October 24) will feature a series of high-level conferences reflecting on Afreximbank’s achievements under Oramah’s leadership.

The main event on October 25 includes Dr. Elombi’s official swearing-in, where he will outline his ambitions for the future of investment in Africa and sustainable development. Attendees will include heads of state, ministers, global business leaders, institutional investors, and shareholders.

Full Coverage by Africa24 – Now Afreximbank TV

Africa24 Group, now positioned as Afreximbank TV, will deliver extensive audiovisual and digital coverage of the investiture. Viewers across 120 million households can expect:

  • Live broadcasts of the thematic conferences, official investiture, and press conference.
  • Exclusive interviews with Dr. Elombi, Professor Oramah, African leaders, economic experts, and international financial institutions.
  • Behind-the-scenes reports and in-depth analysis on Afreximbank’s future direction.
  • Insight into Africa’s economic transformation and leadership in trade financing.

Watch live or on-demand on Canal+ Afrique (Channel 249), AFRICA24 English (Channel 254), or stream via https://Africa24TV.com.

Afreximbank: Driving Trade and Growth Across Africa

Afreximbank has long been a trailblazer in advancing intra-Africa trade benefits and unlocking economic potential. Backed by 30 years of financial innovation, the Bank actively supports the African Continental Free Trade Area (AfCFTA) through initiatives such as:

  • The Pan-African Payment and Settlement System (PAPSS), adopted by the African Union.
  • A US$10 billion Adjustment Fund to help countries transition effectively under the AfCFTA.
  • Total assets and guarantees of US$40.1 billion as of December 2024.

Under Dr. Elombi’s leadership, the Bank is poised to deepen its role in empowering African nations through trade financing, infrastructure development, and investment in Africa’s industrial future.

Meet Dr. George Elombi: A Champion for Regional Trade

Dr. George Elombi brings nearly three decades of experience in law and trade finance to the presidency. A scholar and former law lecturer in the UK, he joined Afreximbank in 1996 and rose through the ranks to serve as Executive Vice President. His focus is squarely on intra-Africa trade benefits, regional cooperation, and youth- and women-led entrepreneurship.

With his deep understanding of African legal and financial frameworks, Dr. Elombi is expected to lead Afreximbank into a transformative era of leadership in trade financing, digital innovation, and green economic development.

About Africa24 Group

Launched in 2009, Africa24 Group is Africa’s leading TV and digital media platform with four HD channels: Africa24 (French), AFRICA24 English, AFRICA24 Sport, and AFRICA24 Infinity (dedicated to arts and culture). With a reach of over 120 million households and 8 million digital subscribers, it’s a cornerstone of pan-African broadcasting.

Its streaming platform, myafrica24, offers HD content accessible on all screens—TV, tablets, smartphones, and computers.

Looking to explore Africa while engaging with its vibrant economy? Visit our travel site: https://travel.afrikeye.com/

This story was first reported by Africa24. Read the full article here.

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