Afreximbank’s structured finance seminar begins today

The Advanced Structured Trade Finance Seminar and Workshops, organised by the African Export-Import Bank (Afreximbank) on the Island of Sal in Cape Verde, took off today, just as the country’s Prime Minister, Jose Correia e Silva, is billed to declare it open.

The seminar and workshops, the 17th in the series, are expected to end on November 9, and to attract some 200 high-profile participants, including chief executive officers, managing directors and senior managers representing banks, other financial institutions, and entities involved in promoting trade.

The events are being held to acquaint African bankers with advanced structured finance tools and techniques for dealing with the challenges lenders face in the continent’s rapidly changing business environments.

It will give participants the capacity to structure bankable trade finance deals of varying levels of complexity and will also give them the opportunity to network and exchange ideas.

“We are honoured to have Prime Minister Correia e Silva open the Structured Finance Seminar. Prior to starting his political career, Correia e Silva worked in bank, so has an excellent understanding of the importance of educating and building capacity in the more complex areas of trade finance. We thank him for his hospitality in welcoming us to this event on beautiful Sal Island,” the President of Afreximbank, Dr. Benedict Oramah, said.

About 1,600 African trade finance professionals, including bankers, traders, academics and regulators, have taken part in Afreximbank’s organised structured trade finance seminars and workshops.