Expanding Africa’s investment opportunities and value chains

The President of the African Export-Import Bank, Benedict Oramah says the bank is ramping up efforts in its bid to serve as a regional and continent-wide guarantor, providing transit bonds covering the full range of borders that goods are required to cross. Speaking with CNBC Africa at the just concluded Intra-African Trade Fair in Egypt, he notes the Pan-African Payment and Settlement Systems is driving payments thereby reducing pressures on foreign currencies in Africa.