AUC School of Business strengthens ties with the African Export-Import Bank (Afreximbank) to shape continental and global trade. The partnership aims to support African trade while providing innovative educational solutions to tackle complex trade challenges.’

Kicking off in 2023, the collaboration between ExecEd and Afreximbank introduced the Certificate of Trade Finance in Africa (COTFIA). COTFIA equips participants with deep insights into the dynamic opportunities and challenges of the African economic landscape. By blending academic knowledge with practical applications, COTFIA addresses the specific priorities of African entrepreneurs.

To date, over 95 participants from 19+ countries in the continent have joined the program, spanning various sectors. The program’s hybrid format — blending virtual and in-person sessions — enhanced accessibility and flexibility, enabling a broad range of participants to benefit.

This September, the partnership soared to new heights with the launch of “AfCFTA: Its Genesis, Dimensions and Prospects,” centering on the African Continental Free Trade Area Agreement (AfCFTA). This new initiative empowers African entrepreneurs to seize the opportunities offered by AfCFTA.

Yemi Kale, the group chief economist and managing director of research at Afreximbank, stated, “Through this training program, we aim to empower African businesses to fully exploit the vast opportunities created by the AfCFTA, thereby enhancing their competitiveness and contributing to sustainable economic growth in Africa.”

The collaboration between the AUC School of Business ExecEd and Afreximbank falls in line with Egypt’s goal to strengthen trade capabilities within the country and across Africa. Through this partnership, the program fosters practical knowledge and strategic insights, ensuring that initiatives like AfCFTA create lasting economic benefits across the country.

Christian Kamga, Chief Executive Officer of ED SARL in Cameroon, highlighted, “The [first] session was interesting, and I was also very happy with the way the team here at AUC School of Business welcomed us and made this a great experience.” Mohammad Abdullah, Managing Partner at MIS Egypt added: “This is an exciting opportunity to connect Egyptian companies with their counterparts across the continent.”

For more information on our diverse range of banking, trade, and finance programs, please visit: https://business.aucegypt.edu/execed/individual-programs/banking-and-finance

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