Cross River Moves to Deepen Investment Ties with Afreximbank

The Governor of Cross River State has held a strategic meeting with Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, at the bank’s headquarters in Cairo, Egypt, as part of efforts to attract more investment into the state and strengthen economic development.

During the meeting, both sides discussed possible areas of collaboration between Afreximbank and Cross River State, with a focus on boosting investment, creating jobs, supporting local businesses, and improving critical infrastructure across the state.

The governor said the engagement was in line with his administration’s broader economic agenda to open up Cross River to more partnerships that can deliver tangible benefits to residents. According to him, the state government is committed to building strong relationships with key financial and development institutions that can help unlock new opportunities for growth.

He noted that attracting strategic investors and development partners remains central to the government’s plan to stimulate economic activities, empower businesses, and expand access to infrastructure in both urban and rural communities.

The meeting with Afreximbank is seen as part of ongoing efforts by the Cross River State Government to position the state as an attractive destination for investment, while also exploring financing and partnership opportunities capable of driving industrial growth, enterprise development, and job creation.

Afreximbank, a leading pan-African financial institution, plays a major role in promoting trade, financing development projects, and supporting economic transformation across the continent. Any partnership with the bank could potentially open new doors for Cross River in sectors such as infrastructure, trade, manufacturing, agriculture, and small business support.

The governor reaffirmed that his administration would continue to pursue practical partnerships that translate into real development, improved livelihoods, and wider economic opportunities for the people of Cross River State.