Business

FIRSTBANK SPONSORS THE AFRICA INTERNATIONAL TRADE EXHIBITION (A.I.T.E 2023), NEW YORK, PROMOTES FOREIGN DIRECT INVESTMENT IN THE CONTINENT

FIRSTBANK SPONSORS THE AFRICA INTERNATIONAL TRADE EXHIBITION (A.I.T.E 2023), NEW YORK, PROMOTES FOREIGN DIRECT INVESTMENT IN THE CONTINENT

 

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, sponsored the Africa International Trade Exhibition (A.I.T.E 2023), held on 21 and 22 September 2023 at the Hilton Hotel Midtown, New York, U.S.A. The event was themed “the imperatives of global trade for African SMEs as a game changer for the continent’s future prosperity”.

 

Woven into the fabric of society, with the rich heritage of being the premier Bank in West Africa, FirstBank’s sponsorship of the event reiterated its commitment to being the bank of first choice and financial gateway in supporting businesses to boost the growth and socio-economic development of the continent in today’s fast-evolving business landscape.

 

Notable personalities and dignitaries at the event include Dr. Doris Uzoka-Anite, Minister of Industry Trade and Investment and representative of Senator Bola Tinubu (GCFR), President and Commander in Chief of the Armed Forces, Federal Republic of Nigeria; Mr Festus Keyamo, SAN, Minister of Aviation and Aerospace Development of Nigeria; Dr Mariya Mahmoud, Minister of State Federal Capital Territory; His Excellency, Adeyinka Asekun, Nigeria’s High Commissioner to Canada; Hon Abike Dabiri, Chairman/CEO, Nigerians in Diaspora Commission; Ambassa Bolaji Akintemi, Director, Economic, Trade and Investment, Ministry of Foreign Affairs, Nigeria; Mr Olukayode Pitan, Managing Director, Bank of Industry; Mrs Kanayo Awani, Executive Vice President, Intra-African Trade, African Export-Import Bank (Afreximbank); Dr. Adesola Adeduntan, Chief Executive Officer, FirstBank Group; Mr Oluwatosin Adewuyi, Executive Director, Corporate Banking, FirstBank and Mr Ini Ebong, Executive Director, Treasury and International Banking, FirstBank.

 

Tunde MacAlabi, Visioner of the African International Trade Exhibition project said “The AITE project is conceived to assist African SMEs to gain greater penetration in the North American market that has huge potentials.

 

The African American population in the US is 30 million strong, spending close to 1.2 trillion dollars as consumers.

 

The popularity of our afrobeat music, the ground that it is gaining in North America and the globe is remarkable. With this idea, pushing authentic African made products into the market to rise on the wave of the popularity of our music can diversify the sources of foreign exchange income that we accurately need in Nigeria and Africa.

 

Our effort is a complementary private sector driven initiative to help bridge the commercial gap to increase the commercial engagement between Nigeria, Africa and the USA.

 

Speaking at the event, Dr. Adesola Adeduntan, CEO of FirstBank Group said: “I am particularly delighted that this year’s theme beams the spotlight on a sector that can be referred to as the bedrock of Africa’s economic prosperity. Africa’s SME sector is also a good representation of the unyielding and resilient spirit of the African people in the face of many daunting challenges.”

 

With a vision to become “Africa’s Bank of First Choice”, FirstBank’s commitment to the development and economic transformation of the African continent is unwavering and we will continue to make the required investments to actualize this goal. I make bold to say that, in FirstBank, Africa has a dependable ally.

 

Indeed, it is the turn of Africa to rise, and FirstBank is strategically positioned to provide the required financial services support to the SME sector that will catalyze the next phase of Africa’s growth and development,” he concluded.

 

Representing Prof. Benedict Okey Oramah, President & Chairman, African Export-Import Bank (Afreximbank), Mrs Kanayo Awani, Executive Vice President, Intra-African Trade, African Export-Import Bank (Afreximbank) said “I am grateful to the African International Trade Exhibition (AITE) for the kind opportunity to participate in this event. I congratulate AITE for building this unique platform to rally global investments and policy support towards the attainment of the goals of the African Continental Free Trade Agreements. These activities of AITE are significant complements to Afreximbank’s trade facilitation agenda. We are therefore pleased to be associated with AITE and its activities.

 

We must continue to leverage the platforms created by the Bank and AITE to forge partnerships, share ideas and contribute to the growth and development of African SMEs to ensure that their potentials as the driving force for the transformation of the continent. As l like to say, the opportunity is now, and it has a shelf life.

 

society_admin

Recent Posts

Ogun 1 Customs Command, NASRE Collaborate To Drive Better Public Awareness

Ogun 1 Customs Command, NASRE Collaborate To Drive Better Public Awareness The Ogun 1 Area…

3 days ago

Just In: Speaker Obasa Debunks Allegation Of Spending N17b On Assembly Gate

Just In: Speaker Obasa Debunks Allegation Of Spending N17b On Assembly Gate The Speaker of…

3 days ago

Tinubu Working To Bring Smiles To Nigeria, Obasa Says

Tinubu Working To Bring Smiles To Nigeria, Obasa Says - as Methodist Archbishop advocates for…

1 week ago

Aare Adetola Emmanuelking Honored with Prestigious OSCOTECH Fellowship Award

Aare Adetola Emmanuelking Honored with Prestigious OSCOTECH Fellowship Award Esa-Oke, Osun State — The Chairman…

1 week ago

Moremi Ojudu Drives Tinubu’s Renewed Hope Agenda Across South West – NASRE

Moremi Ojudu Drives Tinubu’s Renewed Hope Agenda Across South West - NASRE The Senior Special…

1 week ago

Aliu Gafar delivers stellar performance as Esusu in Femi Adebayo’s Seven Doors

Aliu Gafar delivers stellar performance as Esusu in Femi Adebayo's Seven Doors Aliu Gafar Delivers…

1 week ago