Addis Ababa: African Export-Import Bank (Afreximbank) has reaffirmed its desire to finance trade and trade enabling projects in Ethiopia, commending the nation’s position as one of Africa’s fastest growing economies.
According to Ethiopian News Agency, the Afreximbank Ethiopia Roadshow 2025 was held today under the theme ‘Empowering Ethiopia’s Growth: Catalyzing Trade, Investment and Industrialization through Tailored Afreximbank Solutions.’ Addressing the event, Client Relations Acting Group Managing Director at Afreximbank, Eric Monchu Intong, commended Ethiopia’s ongoing economic reforms and increased public investment.
Intong highlighted that Ethiopia’s GDP is expected to continue its upward trajectory, reflecting the country’s rapid economic growth. Inflation is anticipated to decline steadily by 2027, supported by macroeconomic stabilization, policies, and reforms in the financial sector. He noted that Afreximbank’s mandate is to promote, facilitate, and finance intra-African trade, and in Ethiopia, the bank’s intervention has been instrumental in various sectors.
Expressing eagerness to finance trade and trade enabling projects, Intong mentioned sectors such as railways, airports, industrial parks, local manufacturing, value-added exports, and others like coffee. Intong expressed the readiness of Afreximbank to reinforce its support for Ethiopia’s economic reforms, which are on the right track.
On his part, National Bank of Ethiopia Vice Governor, Fikadu Digafe, acknowledged the country’s massive economic reforms, which have resulted in tangible achievements across various sectors. Following the foreign exchange reform and modernization of the nation’s monetary policy, critical achievements, including an increase in GDP, have been registered. He pointed out that exports have doubled and inflation has continuously declined.
The vice governor noted that Ethiopia’s economy is progressing in every aspect and emphasized the government’s commitment to making the country a regional trade and logistics hub.