Botswana hosts AFREXIM Bank Annual General Meeting

The African Export-Import Bank (AFREXIM) holds its Annual General Meeting at the Gaborone International Convention Center today, at the behest of the Ministry of Finance and Development Planning (MFDP).
 
Tshwaragano Mmereki, the Principal Public Relations Officer at MFDP, said that each of the 36 member countries will take their turn in hosting the Bank’s annual general meetings.
“It is our turn to host the AGM,” said Mmereki, adding that although the number of people participating is not so big, such kinds of activities add value to what is known as conference tourism.
 
It is expected that at least about 200 people will be representing their respective countries, including most SADC countries and others in Sub-Saharan Africa.
 
The Bank, whose headquarters is based in Cairo, Egypt, was founded in October, 1993 with a view to facilitating, promoting and expanding intra and extra territorial trade in Africa and the outside world.
 
Although it is not yet clear what the agenda of the meeting is, it is generally expected to address challenges presented by the global financial crisis and the resultant economic meltdown.