SEDC Congratulates Oramah On Tenure Completion At Afreximbank, GCON Award

The Board and Administration of the South East Growth Fee (SEDC) have congratulated Professor Benedict Oramah on his exceptional tenure as President and Chairman of Afreximbank and the conferment of the nationwide honour of Grand Commander of the Order of the Niger (GCON) by President Bola Ahmed Tinubu.

In a press assertion signed by Dr. Sylvester Okonkwo, Govt Director, Company Providers, on behalf of the South East Growth Fee (SEDC), he mentioned, “Prof. Oramah’s visionary management has not solely reworked Afreximbank right into a continental {financial} powerhouse whose belongings have grown exponentially from $5 billion when he took over because the President of the {bank} ten years in the past to over $37 billion however has additionally mobilised over $150 billion to assist commerce, growth, and industrialisation throughout Africa over the past decade.”

The assertion reads, “By means of landmark tasks just like the African Medical Centre of Excellence, Abuja; the African High quality Assurance Centre; the Dangote Refinery; {financial} assist to Heirs Oil & Fuel Nigeria Ltd; and others, your work has left an indelible mark on Nigeria and all through the African continent.”

The Fee, whereas commending President Tinubu for honouring Prof. Oramah, additionally congratulated Nigeria for a profitable internet hosting of the thirty second Afreximbank Annual Conferences (AAM2025).

It’s particularly becoming that the thirty second Afreximbank Annual Conferences (AAM2025), hosted in Abuja, Nigeria, introduced collectively over 6,000 international leaders, policymakers, enterprise captains, and consultants to form the way forward for African commerce and growth underneath the inspiring theme: “Constructing the Future on Many years of Resilience.” This gathering powerfully symbolised the legacy of resilience, innovation, and continental integration Professor Oramah has championed over time.

Of explicit word was his pivotal position in spearheading transformative initiatives such because the Pan-African Cost and Settlement System (PAPSS) and the promotion of intra-African commerce underneath AfCFTA, each of which have redefined Africa’s {economic} panorama and promise to unlock new frontiers of prosperity.

The SEDC famous that the South East area, and certainly the entire of Nigeria and Africa, look ahead to the e-commerce explosion on the again of the continental cost gateway, PAPSS.

This nice innovation within the African cost ecosystem between African nations will, little doubt, drive monumental {financial} inclusion and liberate African nations’ nationwide economies from years of international foreign money dependency in inter-African commerce cost and settlement.

Dr. Okonkwo famous additional that at this historic second of Professor Oramah’s exit from continental and international service to humanity, it’s worthy to notice that SEDC led by our distinguished Chairman of the Board, Hon. Chief Emeka Wogu, CON, and MD/CEO Mark Okoye II, whom you have got collaborated intently with up to now proudly applaud your becoming a member of the annals of nice little kids of South East Nigeria, who’ve grow to be true international residents. A league that features the illustrious Ngozi Okonjo-Iweala, Philip Emeagwali, the completed Arunma Oteh, and a number of others whose wonderful providers and experience have distinguished and made them iconic figures of worldwide admiration.

Prof., your legacy will proceed to encourage generations, and African leaders and regional growth stakeholders will, for lengthy, work to advance your imaginative and prescient of a resilient, economically built-in, and globally influential Africa.

“As soon as once more, congratulations on this well-deserved nationwide honour and in your extraordinary contributions to Africa’s {economic} renaissance and progress,” the assertion added.