266 SHARES Share Tweet [mc4wp_form id=33047]The African Export-Import Bank (Afreximbank) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers, harmonising efforts to promote Intra-African trade and investment in the continent’s automotive sector. Its key pillars are regional automotive value chains, automotive financing, and policy and capacity building. “By aligning financial innovation, policy support, and value chain development within the automotive sector, we are fostering a new era of intra-African trade and manufacturing. It aimed to promote African potential in automotive manufacturing and strengthen regional supply chains. Hosted in collaboration with AAAM, the show focused on development of regional automotive supply chains within the whole of Africa.