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Tuesday, September 08, 2020 / 06:00AM / Ecobank Nigeria / Header Image Credit: Ecobank Nigeria
Ecobank Nigeria, a member of
the pan African banking Group has concluded plans to host its first
Regional Trade Conference. The virtual forum with the theme "Facilitating
Regional Trade in the emerging AFCFTA era" is slated for the
22nd of September. The conference, which will feature presentations and
panel discussions by highly experienced subject matter experts and thought
leaders in relevant industries, will provide an opportunity for
exporters and importers within Africa to engage, creating a marketplace
experience.
The Ecobank Nigeria 'Africa Trade
Conference 2020' earlier slated for March was postponed due to the lockdown
restrictions following the outbreak of the COVID-19 pandemic. Announcing
the new date and movement of the conference to an online platform in line with
current realities, Sunday Abah, Head, Trade Finance, Ecobank Nigeria
stated that due to its unrivalled footprint across Africa, Ecobank is
uniquely positioned to facilitate cross border trade within the region
leveraging its comprehensive trade solutions and various payment
methods available across its network
within Africa. According to him, "Ecobank's unique
intra-Africa trade solutions enable settlements of international transactions
and mitigation of payment risk while providing regional
solutions such as issuance of payment guarantees to exporters
without the need for a letter of credit and its related costs to the importer.
Ecobank works closely with clients in structuring transactions,
settlements, financing and risk mitigation" he noted.
Further, he said "Our trade
products and solutions are designed around two broad areas; trade
finance and trade services. Trade Finance enables our customers
benefit from adequate and well mitigated credit facilitation in the area of
Import finance, export finance, bill discounting, trade loans, distributor
finance, payables and receivables finance, structured trade and commodity
finance amongst others while our trade services, offer our
customers the advantage of speedy turn around and error free processing of
their import letter of credits, import collections, avalised bills,
Customs bonds, export collections as well as their local purchase orders and
payment invoices, via our electronic trade platforms OMNI e-Trade and OMNI eFSC
(electronic financial supply chain).
The Ecobank Regional Trade
Conference, which will be moderated by Mr. Tedd George, the Founder and Chief
Narrative Officer of Kleos Advisory, UK is privileged to have as its
Special Guest of Honour, Mr. Segun Awolowo, Executive Director/ Chief Executive,
Nigeria Export Promotion Council. Notable speakers and facilitators across the
globe are also expected at the event.
Related
News on AFCFTA
1.
AU Inaugurates
AfCFTA Permanent Secretariat as Launchpad for Africa's Economic Transformation
2.
Is This The
Right Time to Defer AfCFTA?
3.
COVID-19 and the
Case for the AfCFTA
4.
AfCFTA Take-off
Date Suffers Setback
5.
How the AfCFTA
Will Improve Access to Essential Products and Bolster Africa's Resilience
6.
AfCFTA Agreement:
Hitting the Coronavirus Bumps?
7.
Emerging
Opportunities For Enhancing Intra-African Trade Through AfCFTA
8.
AfCFTA 2020: The
Real Deal?
9.
Creation of the
AFCFTA: Tax Leaks and Economic Implications for Nigeria
10. AfCFTA Will
Industrialize Africa - Kunle Elebute
11.
Impact
Assessment Study and Economy-Wide Implications of AfCFTA on the Nigerian
Economy
12. AfCFTA:
Opportunities for Nigeria's National Development - Desmond Guobadia
13. AFCTA - African
Companies Should Explore M and As - Ambassador Chiedu Osakwe
14. AU, AfDB Sign
US$4.8m AfCFTA Grant
15. AFCTA: LCCI Harps
On Competitive Nigerian Economy, Ghana To Serve As Secretariat
16. Signing AfCTA
Agreement; Our Concerns for Nigeria
17. Nigeria Finally
Signs AFCTA Agreement
18. The African
Continental Free Trade Area (AfCFTA) - Fact File
19. How Nigeria can
Leverage The AfCFTA - Prof Oramah
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