Afreximbank, ZEP-RE partner on trade, insurance skills

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Three-year partnership will combine trade finance, insurance and reinsurance expertise to build skills across African markets

AFRICA NEWS | ISAAC KHISA | The African Export-Import Bank (Afreximbank) and ZEP-RE have signed a three-year agreement to strengthen professional and institutional capacity in trade, insurance, reinsurance, risk management and trade facilitation across Africa.

The memorandum of understanding brings together Afreximbank Academy (AFRACAD) and ZEP-RE Academy to develop training, research and knowledge programmes aimed at building skills to support cross-border trade and investment.

The agreement was signed at ZEP-RE’s offices in Nairobi on Sept.16 by Stephen Tio Kauma, Group Managing Director, Human Resources at Afreximbank, and Jephita Gwatipedza, Group Deputy Chief Executive Officer and Chief Operating Officer at ZEP-RE.

The partnership will combine Afreximbank’s expertise in African trade and trade finance with ZEP-RE’s experience in insurance, reinsurance and risk management.