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Incoming Afreximbank President Dr George Elombi (right) presents a commemorative coffee table book to his predecessor, Professor Benedict Oramah, during the bank's farewell and investiture ceremony. [Brian Ngugi, Standard]
Cameroonian banker Dr George Elombi has formally assumed the presidency of the African Export-Import Bank (Afreximbank).
Using his inaugural speech to laud his predecessor Professor Benedict Oramah for building a multi-billion dollar "development supermarket" for the continent, Elombi acknowledged the monumental task of closing Africa's vast trade finance gap.
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