Shettima, Cardoso to Speak at First Bank’s China-Africa Interbank Forum

First Bank of Nigeria (FBN) will host the inaugural China-Africa Interbank Association (CAIBA) forum in Nigeria, slated for November 27 at the Fraiser Suites in Abuja. The forum aims to deepen financial, trade, and investment ties between China and Africa, spotlighting Nigeria’s strategic role in these partnerships.

Themed “Joining Hands to Advance Modernisation and Strengthening China-Africa Trade, Industrialisation and Economic Diversification”, the event will focus on leveraging collaboration to address Africa’s funding needs for industrialisation, infrastructure, and poverty alleviation.

Key Highlights

• CAIBA Background: Established in 2018, CAIBA fosters financial cooperation among its 16 member banks, including FirstBank, China Development Bank (CDB), Ecobank, and the Development Bank of South Africa.
• Event Objectives: The forum will facilitate networking, knowledge-sharing, and deal-making between Chinese and African institutions to promote inclusive and sustainable growth.

Dignitaries and Speakers

The forum will feature prominent figures, including:

• Vice President Kashim Shettima
• Central Bank of Nigeria Governor Yemi Cardoso
• Nigerian state governors, trade ministers, and industry leaders
• Representatives from China Development Bank and the African Export–Import Bank

Activities and Sessions

The forum will include:

• Plenary Sessions: Led by experts like Dr. Abiodun Adedipe, Ugo Obi-Chukwu, and Wole Adeniyi.
• Keynote Addresses: Delivered by high-profile policymakers and business leaders.
• Trade Exhibitions and Networking Events: Exploring new opportunities in China-Africa cooperation.

FirstBank’s Role

As the host, FirstBank’s 130-year legacy positions it as a key facilitator of trade and investment between China and Africa. Speaking on the bank’s role, CEO Olusegun Alebiosu stated:

“This forum reinforces our commitment to bridging the gap between Africa and China, catalysing economic growth and development.”

This event marks a significant milestone in advancing China-Africa relations and underscores Nigeria’s pivotal position in driving the continent’s economic transformation.