Nume Ekeghe
Rand Merchant Bank Nigeria (RMB Nigeria) has emphasised the necessity for long-term financing, infrastructure funding and stronger regional collaboration to speed up industrialisation and construct aggressive industries throughout West Africa.
The financial institution made this recognized at its sponsored interactive session on the thirty second Nigerian Economic Summit (NES #32), lately beneath the Summit’s Rising Together Initiative.
Speaking throughout the session, Yetunde Ogunremi, Executive Director and Treasurer, Rand Merchant Bank Nigeria, mentioned financing establishments had an vital function to play in supporting the event of aggressive regional industries.
“Africa’s opportunity lies not just in trading more, but in producing more and creating greater value within the continent. This requires long-term capital, innovative financing and strong partnerships to build competitive industries and regional supply chains. At RMB Nigeria, we are committed to supporting businesses with the financial solutions they need to turn regional integration into sustainable economic growth.”
Opening remarks had been delivered by Ambassador Sola Enikanolaiye, Nigeria’s Minister of State for Foreign Affairs, whereas Dehpue Yenpea Zuo, ECOWAS Commissioner for Economic Affairs and Agriculture, delivered a goodwill deal with on behalf of H.E. Dr. Omar Alieu Touray, President of the ECOWAS Commission.
The panel dialogue was moderated by Nicholas Norbrook, Managing Editor of The Africa Report, with Cecilia Akintomide, Chairperson of the UN Sanitation and Hygiene Fund, offering technical contributions.
Other panellists included Kelvin Banda, Principal Economist on the African Development Bank Group; Lillian Kidane, Africa Director at Dalberg; Banji Fehintola, Executive Director on the Africa Finance Corporation; Oluwole Dada, General Manager of SecureID Limited; and Ogunremi.
A significant subject highlighted throughout the dialogue was the hole between regional commerce ambitions and the productive capability required to translate market entry into industrial progress.
