African Export-Import Bank (Afreximbank) Internship 2025
Cairo
Calling applications for the African Export-Import Bank (Afreximbank) Internship 2025!
Afreximbank Group comprises of the African Export -Import Bank (Afreximbank) , the Fund for Export Development of Africa (FEDA), a private equity subsidiary, , the Pan African Payments and Settlements System (PAPSS) and Afrexinsure, a captive insurance subsidiary.
The African Export-Import Bank (Afreximbank) is a Multilateral Financial Institution established to finance and promote intra and extra -African trade. The shareholders comprise African governments, African private and institutional investors, and non-African private and institutional investors.
The Bank was established under the twin constitutive instruments of an Agreement signed by member states and multilateral organizations, which confers the status of an international organisation on the Bank, as well as a charter governing its corporate structure and operations and signed by all shareholders.
The Bank is headquartered in Cairo, Egypt and currently operates branches in Harare, Zimbabwe (opened in November 1996); in Abuja, Nigeria (opened in January 2003); in Abidjan, Ivory Coast (opened in 2015); Kampala, Uganda (opened in 2019), Yaoundé Cameroon (opened in 2021) and Bridgetown, Barbados (opened in 2023).
The private equity subsidiary FEDA is registered and based in Kigali, Rwanda, and Afrexinsure is registered in Mauritius and based in Cairo, Egypt. PAPSS is based in Cairo, Egypt.
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Afreximbank Group recognises that as part of its mandate to promote and finance trade in Africa, it needs to facilitate a broader understanding of the problems of African trade and trade finance as well as the principles of trade finance, especially structured trade finance, which is its operating model. By offering good students a chance for an internship with the Group, it is expected that students will leave with a better knowledge of the Afreximbank Group mandate and operating model, which they will put to use as they develop their careers.. In return, it is expected that the interns will contribute fresh and diverse ideas to the operations of the Afreximbank Group.
The Internship is open to students who are nationals of the Bank’s member countries, a list of which is available on the Bank’s website; students of African descent in the diaspora and non-African students whose vision for the transformation of Africa resonates with the mission of the Afreximbank Group. The programme attracts highly qualified candidates—entry into the programme based on merit.
Location:
Egypt
Benefits
Before commencement, coverage of reasonable return fare transport costs to their internship location using the most economical and direct routing from their institution of learning, in line with the Bank’s travel policy; A monthly tax-free stipend of USD 800 and housing allowance of USD 400 for interns relocating from their home countries, payable at the end of each month, to help defray living costs; Accommodation in a hotel chosen by the Bank (bed and breakfast only) for one week during the induction period, (on arrival to the internship location for interns, based on their previous location) Transfer to the hotel on arrival and vice versa on departure at the end of a successful internship programme; and Relevant residence visa for the duration of the internship programme, if so required.
Eligibilities
The programme is open to students who are:
Students with proof of enrollment in full-time undergraduate or postgraduate study programmes in a recognised institution of learning in the year of the internship are preferred. The Bank will be especially interested in candidates whose field of study is in : economics, business administration, finance, accounting, social sciences, statistics, law, sciences, engineering or related fields; Nationals of the Afreximbank Group member states, students of African descent in the diaspora and non-African students whose vision for the transformation of Africa resonates with the mission of Afreximbank. Fluency in English or French and a working knowledge of the other. Knowledge of Arabic or Portuguese will be an added advantage, and Candidates must be aged between 20 and 32 in the year in which they apply for the internship; Any other applicants as may be approved by the President; Children of Afreximbank staff are not eligible to participate in this programme.
Eligible Regions: Africa Application Process
Applicants are required to complete an online internship application form along with the following:
Letter of application; Copy of current CV; Copy of valid passport ; Certified copies of relevant academic certificates; Recommendation for internship from the institution of learning they are attending. This should include the proposed period of internship up to a maximum of six months; Short Statement of Intent (maximum of 1 A4 page) indicating what they expect to gain out of the internship programme;
Application Deadline: October 31, 2024 (1 Day Remaining)
For Further Queries
For Further Queries : feedback@afreximbank.com Disclaimer: Youth Opportunities spreads opportunities for your convenience and ease based on available information, and thus, does not take any responsibility of unintended alternative or inaccurate information. As this is not the official page, we recommend you to visit the official website of opportunity provider for complete information. For organizations, this opportunity is shared with sole purpose of promoting “Access to Information” for all and should not be associated with any other purposes.
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