Group photo, Manotel Royal Hotel, Geneva, 30 July 2024
©G-NEXID
The 19th Annual General Assembly concluded on 31 July 2024 after two days of successful deliberations in Geneva. The gathering materialised with substantial networking, information exchange and sharing of best practice, and capacity building opportunities for members and partners.
Driven by G-NEXID’s objective to facilitate cooperation among export-import banks and development finance institutions in support of South-South trade, investment and project finance, under the theme of “Building Bridges, Breaking Barriers – Fostering South-South Cooperation for Equitable Growth” the 19th Annual General Assembly featured nine major activities:
- the opening and the presentation of G-NEXID to the Geneva-based diplomatic community;
- the roundtable on “the global economic situation and outlook: Key issues for DFIs and Exim Banks;
- the roundtable on “trade financing during political and economic uncertainties: options and possibilities”;
- the roundtable on “innovative development finance solutions and collaboration with Exim Banks and DFis from the Global South”;
- the follow-up of the 3i Africa Summit 2024;
- the introduction of the Industrial Development Corporation of Zimbabwe (IDCZ) as a new Associate Member;
- the workshop on “agriculture value-chain financing: A focused exploration of financing strategies for food security, resilient supply chains, and sustainable food systems in the Global South”;
- the statutory meeting;
- A dinner hosted by the ECOWAS Bank for Investment and Development (EBID).
Benefiting from the presence of 9 G-NEXID members, key representatives of Permanent Missions to the United Nations Office and other International Organizations in Geneva, the Assembly features as thematic speakers the African Export-Import Bank (Afreximbank), Chemplex Corporation, Development Bank Ghana (DBG), the Food and Agriculture Organization of the United Nations (FAO), Ghana EXIM Bank (GEXIM), Indonesia Eximbank (IEB), the Industrial Development Corporation of Zimbabwe Limited (IDCZ), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the United Nations Environment Programme – Finance Initiative (UNEP-FI), Saudi Exim Bank, the South Centre, and the World Trade Organization (WTO).
In the framework of the implementation of the two-year strategy, the Network’s immediate priorities are the promotion of sustainable infrastructure finance through the continuation of the online training and the presentation of new members and partners.
About G-NEXID
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID), established on 13 March 2006, is an association of export-import banks and development finance institutions (DFIs) that aims to foster trade and investment within the Global South through collaboration among its Member Institutions.
In other words, G-NEXID provides a platform for the sharing of information, ideas, and experiences among export-import banks and DFIs on how to ensure the availability of trade and development finance.