…Aliko Dangote, President & CEO of the Dangote Group, delivered an inspiring goodwill message celebrating Afreximbank’s legacy of partnership and innovation
SAT OCT 25 2025-theGBJournal| Cameroonian born lawyer, Dr. George Elombi has been officially sworn in as the fourth President and Chairman of the Board of Directors of Afreximbank.
His assumption of office today, in Cairo Egypt, is described as a ”defining moment in Afreximbank’s history.”
Elombi takes over the leadership of the Bank from Nigerian Professor Benedict Oramah whose 10 year stint at the helm is described as ”visionary.
The formal Oath of Office and Symbolic Transfer of Proclamation were conducted by Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, Federal Republic of Nigeria.
The ceremony marked the official handover of leadership and the seamless continuation of Afreximbank’s mandate to accelerate Africa’s trade, integration, and prosperity.
At the Investiture Ceremony, Hon. Min. Wale Edun, Minister of Finance and Coordinating Minister of the Economy of the Federal Republic of Nigeria, delivered a compelling address before formally introducing the new President of Afreximbank.
In his remarks, he reflected on the Bank’s remarkable evolution under Professor Benedict Oramah’s stewardship and expressed confidence in Incoming President, Dr. George Elombi on the continuity of Afreximbank’s mission to advance intra-African trade, industrialisation, and shared prosperity.
He underscored the institution’s growing role as a pillar of African economic transformation linking visionary leadership to sustained impact across the continent.
In his goodwill address, Hon. Dr. Terrance Drew, Prime Minister of Saint Kitts and Nevis, underscored the powerful role Afreximbank continues to play in deepening Africa–Caribbean relations. He described the Bank as “a bridge connecting Africa and her Diaspora in tangible, transformative ways.”
Reflecting on ongoing partnerships such as the Africa–Caribbean Trade and Investment Forum, he reaffirmed the Caribbean’s commitment to strengthening trade, investment, and resilience among small island states.
“Through initiatives like the Africa–Caribbean Trade and Investment Forum, we are forging a new era of cooperation that transcends history and geography. We look forward to working with you to strengthen trade and investment, build resilience in small states, and empower our entrepreneurs and youth. Together, we can advance a model of development rooted in inclusivity, sustainability, and shared destiny.”
At the Investiture Ceremony in Cairo, Aliko Dangote, President & CEO of the Dangote Group, delivered an inspiring goodwill message celebrating Afreximbank’s legacy of partnership and innovation.
Speaking ahead of the formal investiture of Dr. George Elombi as the Bank’s fourth President, Mr. Dangote reaffirmed his long-standing collaboration with Afreximbank and shared his confidence in the institution’s continued role in Africa’s industrial transformation.
“At the Dangote Group, our Vision 2030 strategic plan was to become a $100 billion organisation in the next five years, but I’m sure we will meet that target much sooner. Based on our existing great partnership, Dr. George Elombi’s new leadership, and Afreximbank’s unwavering commitment, we will surpass it before that time.”
The Investiture Ceremony opened with a warm welcome from H.E. Hassan Abdalla, Governor of the Central Bank of Egypt, Deputy Prime Minister of Arab Republic of Egypt.
In his remarks, Mr. Abdalla celebrated Egypt’s enduring partnership with Afreximbank and reaffirmed the country’s pride in hosting the institution whose vision continues to shape Africa’s trade and financial landscape.
He commended Afreximbank for being a bridge of cooperation between North Africa, Sub-Saharan Africa, and the wider Global South, a reflection of unity in purpose and shared progress.
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