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Eximbank 'Actively Expanding' U.S. Trade & Investment with Africa

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Five members of the Sub-Sahara Africa Advisory Committee (SAAC) at the Export-Import Bank of the United States (Eximbank) are defending the record and important role of the Bank - official U.S. government export credit agency - in promoting trade and investment in Africa.

) are defending the record and important role of the Bank - official U.S. government export credit agency - in promoting trade and investment in Africa .The Committee is an independent body made up of professionals with extensive Africa experience.issued by the Bank's Inspector General that concludes the insitutution is not fulfilling a commitment to expand economic engagement with the region.

In a letter provided to AllAfrica for publication, the five members of the advisory committee defend the Bank's record and call for and"accurate" accounting of Eximbank'sachievements."The IG report does not provide a fulsome picture of the work Eximbank is currently engaged in across Africa," they write."Eximbank currently has the most active presence in Africa and engagement with the African diaspora in its history."At 188.

This final report presents the results of our evaluation of EXIM's Sub-Saharan Africa Mandate. The objectives were to 1) measure EXIM's performance ...

Source: News Formal (newsformal.com)

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