Afreximbank President Pays Tribute to Professor Ghulam Mufti, OBE – Africa.com
Professor Benedict O. Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), at a celebration meeting held in memory of OBE Distinguished Professor Ghulam Mufti at the Institute of Fetal Medicine, London (www.Afreximbank.com), published a touching tribute titled “The journey from one life to many lives.”
Professor Orama highlighted Professor Mufti’s profound contribution to medical science and his dedication to advancing global healthcare and reflected on his personal relationship with the laureate. Looking back on his near-death experience in 2013, Professor Orama attributed his recovery to Professor Mufti’s exceptional expertise and compassionate care.
“Through a series of near-death experiences and recoveries, Professor Mufti and I developed a lasting bond that transcended the traditional doctor-patient relationship,” said Professor Orama. “It was this fateful tie that gave rise to transformative health care initiatives designed to save millions of lives in Africa.”
The cornerstone of this initiative is African Center of Medical Excellence (AMCE)a world-class healthcare and research network designed to provide accessible, high-quality medical services across Africa. Professor Oramah announced that the first AMCE facility in Abuja, Nigeria will open in June 2025 with an investment of US$300 million, which will be expanded to US$700 million in the second phase. The initiative, launched by Afreximbank in partnership with Professor Mufti, King Business Services and others, aims to reduce Africa’s dependence on overseas medical tourism, an industry that consumes more than $1 billion from the continent every year.
“Africa owes Professor Mufti a debt of gratitude,” said Professor Orama. “He was a tree that sowed a dense forest of medical facilities, restoring hope to a continent that had long lacked quality medical services.”
To further honor Professor Mufti’s legacy, Afreximbank has announced two key initiatives:
- Scholarship Fund established in the name of Professor Mufti
The fund, established by the AMCE Endowment, will support eligible African students to pursue medical training at King’s College London and AMCE School of Medicine and Nursing.
- $300,000 research grant
The Bank has approved funding for Professor Mufti’s proposed hematology research project, highlighting his key contributions to the field of blood diseases and innovative treatments.
Professor Mufti is a globally renowned hematologist acclaimed for his groundbreaking work and unwavering commitment to medical education and patient care. Professor Orama concluded his speech by expressing the gratitude of 1.4 billion Africans, recognizing Professor Mufti as a beacon of hope and catalyst for change in healthcare on the continent.
Distributed by APO Group on behalf of Afreximbank.
Media contact information:
vincent city
Communications and Events Manager (Media Relations)
e-mail: press@afreximbank.com
Follow us:
twitter: https://apo-opa.co/4g4BBUk
Facebook: https://apo-opa.co/414LDRm
LinkedIn: https://apo-opa.co/3ZkAAlI
Instagram: https://apo-opa.co/411D2P4
About Afreximbank:
The African Export-Import Bank (Afreximbank) is a pan-African multilateral financial institution whose mission is to finance, facilitate and promote intra-African and external trade. For more than 30 years, the World Bank has used innovative tools to provide financing solutions to support the transformation of Africa’s trade structure, accelerate industrialization and intraregional trade, thereby promoting Africa’s economic expansion. As a staunch supporter of the African Continental Free Trade Area, Afreximbank, in partnership with the African Union Commission and the African Continental Free Trade Area Secretariat, launched the Pan-African Payments Settlement System (PAPSS), which was adopted by the African Union (AU) as a payment and settlement platform to support payments and settlement platforms on the African continent. Implement free trade agreements. The African Continental Free Trade Area Secretariat and the World Bank have established a US$10 billion adjustment fund to support countries to effectively participate in the African Continental Free Trade Area.
As of the end of December 2023, Afreximbank’s total assets and guarantees exceeded US$37.3 billion, and shareholder funds amounted to US$6.1 billion. Afreximbank has investment grade ratings from GCR (International Grade) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has grown into a group entity consisting of the Bank, its impact fund subsidiary Africa Export Development Fund (FEDA) and its insurance management subsidiary AfrexInsure (together the “Group”). The bank is headquartered in Cairo, Egypt.
For more information, please visit: www.Afreximbank.com
