AFREXIMBANK - African Export-Import Bank

03/29/2024 | Press release | Distributed by Public on 03/29/2024 03:18

Afreximbank set to launch Policy Research Working Paper Series

Cairo, 29 March 2024: - The African Export-Import Bank (Afreximbank) has launched the Afreximbank Policy Research Working Paper Series (APRWPS) with a call on potential authors to submit manuscripts for consideration for publication.

The APRWPS, being launched to complement Afreximbank's other research publication outlets and channels, including the Journal of African Trade, the Contemporary Issues in African Trade and Trade Finance, the African Trade Report and the Distinguished Lecture Series, is in line with the Bank's objective of being the centre of excellence in African trade and trade finance matters.

"The overarching objective of the APRWPS is to promote research and knowledge through the dissemination of high-level theoretical, empirical and policy-oriented research in the areas of development economics, trade and trade finance relevant to the development of the African continent," said Dr. Yemi Kale, Managing Director and Group Chief Economist at Afreximbank. "The APRWPS is, therefore, an important vehicle to contribute to enhancing the global image of Africa by contributing to global research and knowledge production."

He added: "The timely introduction of the APRWPS to the existing bouquet of thought leadership publications by the Bank is yet another step in its quest to extend the frontiers of knowledge."

The publication is a critical research outlet for Afreximbank staff, academics, scholars, institutions and practitioners to disseminate preliminary research findings on topics relevant to African trade and trade finance as well as trade and development.

The platform will serve as a repository of information for Afreximbank stakeholders to exchange research ideas on trade and trade finance in order to address knowledge gaps in Africa and beyond. It will also help raise the profile and visibility of the Bank, particularly in the area of research and knowledge generation, in addition to serving as a globally competitive platform to raise the profile of research undertaken by African scholars and professionals.

Afreximbank encourages potential authors to submit manuscripts to: [email protected].

Guidelines for using the APRWPS for research papers, including the scope and guidelines for submitting papers for publication, can be found at www.afreximbank.com and the maiden papers can be found at: https://www.afreximbank.com/working-paper-series/

The maiden issue, APRWS/2024, issued in March 2024, has six papers written by 14 authors.

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Vincent Musumba

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Email: [email protected]

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ENDS

About Afreximbank

African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa's trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. At the end of September 2023, Afreximbank's total assets and guarantees stood at over US$33.4 billion, and its shareholder funds amounted to US$5.8 billion. The Bank disbursed more than US$104 billion between 2016 and 2023. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody's (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure, (together, "the Group"). The Bank is headquartered in Cairo, Egypt.