Bank WIndhoek supports Afreximbank seminars
Afriexmbank is a supra-financial institution.

Bank WIndhoek supports Afreximbank seminars

Bank Windhoek’s Chief Treasurer, Claire Hobbs, said the Bank is delighted to partner with Afreximbank in the Trade Finance Seminar and Workshop. “We look forward to learning, exchanging views and ideas with subject matter experts and seeing where we can collaborate since trade finance is a strategic focus for the Bank,” said Hobbs.



Bank Windhoek’s Head for Investment Banking, Gideon Vos, will be one of the panellists discussing the theme “Sustaining Financing for Oil and Gas Projects in Africa: A Case for New Discoveries in Namibia”. Since Tuesday, 5 November 2024, the African Export-Import Bank (Afreximbank) has been hosting a Trade Finance Seminar and Workshops (ATFS2024) at the Windhoek Country Club Resort in Windhoek. This annual Seminar plays a leading role in equipping Africa’s financial institutions, bankers, regulatory agencies, corporations, and legal firms to meet the challenges of financing transactions amidst economic uncertainties. The event, which concluded on Thursday, 7 November 2024. Themed ‘Promoting African Trade in a World of Digital Solutions,’ looked at the impact of digitalisation on trade to enable the continent's trade practitioners, explored how to grow trade finance via shared African/International know-how and support Trade Finance practitioners with technical skills to navigate trade.

With Bank Windhoek as one of the sponsors, the event will also address critical trade finance trends tools and offer training in innovative strategies to bolster Africa’s trade ecosystem. The seminars hosted several world-class speakers and technical training workshops covering various topics. As a local financial service provider, Bank Windhoek has become a Trade Finance Intermediary for Namibian trade transactions due to its partnership with Afreximbank.

Headquartered in Cairo, Egypt, the African Export-Import Bank, or Afreximbank, is a pan-African supranational multilateral financial institution created in 1993 under the auspices of the African Development Bank. It is mandated to finance, facilitate, and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative instruments to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade and thereby boosting economic expansion in Africa.

Advertisments

Currency: GBP to NAD 22.74 | EUR to NAD 18.94 | CNY to NAD 2.47 | USD to NAD 17.73 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.27 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.64 | ZWL to NAD 0.04 | BRL to NAD 3.04 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 133.27 | USD to AOA 909.05 | USD to BWP 13.47 | USD to EGP 49.17 | USD to KES 129.2 | USD to NGN 1664.36 | USD to ZAR 17.73 | USD to ZMW 27.07 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1878.44 Up +0.10% | Casablanca Stock Exchange (CSE) MASI 14296.93 Down -0.02% | Egyptian Exchange (EGX) 30 Index 30793.94 Up +0.47% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 695.26/OZ DOWN -0.0184 | Copper US$ 4.28/lb DOWN -0.0374 | Zinc US$ 2 984.30/T DOWN -4.5% | Brent Crude Oil US$ 74.31/BBP DOWN -0.02 | Platinum US$ 975.59/OZ DOWN -0.0221 |