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Afrieximbank

Afrieximbank Chief Elombi Urges Africa to Boost Processing and Manufacturing

New Afreximbank chief vows to turn raw exports into homegrown industry — but the path is steep In a stately ceremony in Cairo on Oct. 25, Dr. George Elombi took the oath as president and chairman of the African Export-Import Bank (Afreximbank), laying out a mission that is at once technical and deeply political: to break a continent’s dependence on exporting raw materials and instead build the factories, ports and skills that keep wealth in Africa. "To change the structure, we must process. We must produce. Unless we…