27th January, 2020GBRW

GBRW Delivers Trade Finance Training for Afreximbank

GBRW is delighted to have been contracted by the African Import-Export Bank (Afreximbank) to deliver a suite of trade finance training. The training is aimed at enhancing the practical trade finance skills of both Afreximbank employees, as well as those of selected participating financial institutions from across Africa. Afreximbank, based in Cairo, is a leading Multilateral Development Finance Bank (MDB) focused on improving access to finance for trade facilitation across the African continent.

Under Afreximbank’s Trade Finance Leadership pillar the Bank aims to support the growth of trade finance in Africa through support to Corporates and Financial Institutions. The Bank’s Afreximbank Trade Facilitation Program (AFTRAF) is aimed at supporting African banks through the provision of Letter of Credit (LC) confirmation lines, LC confirmation guarantees, irrevocable reimbursement undertakings, and other forms of credit support for transactions. This complements the provision of direct trade financing facilities to corporate institutions across the continent.

Afreximbank wishes to enhance the capabilities of its staff across the Trade Services credit value chain with role-specific training in various aspects of documentary trade finance to enable them to structure and deliver trade services solutions to the Bank’s financial institution and corporate clients. As part of this same process, the Bank also plans to enhance the capabilities of the staff of its partner and client Financial Institutions through delivery of similar training.

GBRW expert, Mr Hugo Verschoren, is an extremely highly regarded and experience trade finance trainer and will be leading the development and delivery of the programme with support from GBRW director, Mr Paul Rex. It is anticipated that training will be delivered on-the-ground in Cairo and Harare, amongst other potential locations in Africa.

GBRW provide specialist training and learning solutions in banking and finance across the world. As well as Trade Finance training, GBRW regularly consult on the topic as well as provide expert advice and testimony to law firms and courts in Trade Finance disputes. To find out more about GBRW Learning, click here to browse their range of courses. Click here to find out more about GBRW Expert Witness.