From the sidelines of the World Bank–IMF Annual Meetings 2025 in Washington, D.C., senior executives of Afreximbank, led by Senior Executive Vice President Denys Denya and Executive Vice President and incoming President Dr. George Elombi, held a productive bilateral meeting with the leadership of the International Islamic Trade Finance Corporation (ITFC), headed by Eng. Adeeb Al Aama, Chief Executive Officer.

The meeting reaffirmed the strong partnership between both institutions and focused on expanding collaboration in trade finance, project funding, liquidity support, and co-financing of strategic transactions to advance Africa’s trade and economic transformation. Discussions also covered ongoing cooperation under the Arab Africa Trade Bridges (AATB) initiative, which continues to serve as a key platform for strengthening commercial linkages between Arab and African economies.

Afreximbank and ITFC reviewed progress on existing trade finance facility, explored new opportunities for local currency funding, risk participation, and project-based collaborations, and agreed on steps to deepen engagement in upcoming financial cycles. The two institutions also exchanged perspectives on enhancing transaction efficiency, pipeline development, and joint resource mobilisation to scale impact across critical sectors.

The meeting concluded with a shared commitment to sustain the long-standing collaboration between Afreximbank and ITFC—anchored on mutual trust and a common vision of unlocking Africa’s trade potential, fostering financial integration, and driving inclusive and sustainable growth across the continent.