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African Export-Import Bank (Afreximbank)

  • Type: IGO
  • Field: Economics
  • Region: Africa
  • Location: Cairo, Egypt
  • Internship Title: Department Intern
  • Duration: 3-6 months
  • Number of Interns: 3-5
  • Special Requirement: economics, business administration, finance, accounting, social sciences, statistics, law or related fields
  • Application Status: Available
  • Remote Internship: Unacceptable
The African Export-Import Bank (Afreximbank) is a Multilateral Financial Institution established for the purposes of financing and promoting intra and extra African trade. The shareholders comprise African governments, African private and institutional investors as well as non-African private and institutional investors.

Our Strategy
At Afreximbank, our shared purpose is “to stimulate a consistent expansion and diversification of African trade so as to rapidly increase Africa’s share of global trade; and in doing so, to operate as a first class, profit-oriented, socially responsible financial institution and a center of excellence in African trade matters” and our shared vision is to consolidate the Bank’s position as “The Trade Finance Bank For Africa”.
Achieving our vision is dependent on our ability to successfully execute effectively our strategy around four strategic pillars, which are “Promote Intra-African Trade,” “Facilitate Industrialization and Export Development,” “Strengthen Trade Finance Leadership” and “Improve Financial Performance and Soundness”. Our success will be defined by the satisfaction of our stakeholders through increased trade finance and improved facilitation of Intra-African trade and value-added exports and improvement in our financial performance, which itself positions us better to achieve our developmental objectives. Our financial performance is enhanced through strengthened financial soundness and improved business development activities, underpinned by sound risk management practices and adequate capitalization.
Through improvements in business development, we are able to leverage diverse channels to provide solutions to our clients and other stakeholders, while improvements in our internal capacities in terms of people, systems and organizational culture are the bedrocks that uphold the increased efficiency of our internal processes. As a self-governing institution, we emphasize strong governance structures as key components of enterprise risk management and promote an organizational culture based on our core values of Uncompromising Integrity, Teamwork, Trust and Respect for the Individual, Innovation, Excellence & Flexibility, a Passion for Learning and Drive, Professionalism and Responsiveness, a Commitment to Africa and Supporting African Emancipation and Empowerment.
Internship Tasks： 
● The Bank 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, and especially structured trade finance, which is its operating model. 
● By offering good students a chance for an internship with the Bank, it is expected that they will leave with a better knowledge of the Bank’s mandate and operating model, which they will put to use as they develop their careers, no doubt with direct benefits to the Bank and generally, to trade in Africa. 
● It is also expected that the interns will also contribute fresh and diverse ideas to the operations of the Bank. The programme attracts a lot of highly qualified candidates. Entry into the programme based on merit.
● The internships are offered for up to a maximum of six months twice a year (June and December). Applications for internship are received throughout the year.
● Interns will be expected to start their internship within the first month of each internship season.
● On commencement, interns will be taken through the Bank’s normal induction process and then attached to a particular primary department, whose Head of Department will select a mentor for them during their internship period. However, through the period of their internship, they will be rotated around the various departments of the Bank as deemed fit by their mentor and Head of department.
● At the end of the internship, candidates will be expected to write a report on what they have gained from the internship and how they intend to use this knowledge to promote intra and extra African trade.

Requirements：
● Students with proven enrollment in full time undergraduate or post graduate 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 the following fields: economics, business administration, finance, accounting, social sciences, statistics, law or related fields;
● Nationals of the Bank’s member states;
● 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;
● Children of Afreximbank staff are not eligible to participate in this programme.
● Proficiency in MS software (e.g. Word, Excel, Power point)
1995 | Cairo, Egypt – General Meeting 1993 | Abuja, Nigeria – General Meeting
Relations with Inter-Governmental Organizations
● Participates in the activities of: 
   E-XE3381 – UNCTAD. 
● Cooperation Agreement with: 
   F-XF1721 – International Fund for Agricultural Development (IFAD). 
● Member of: 
   F-XM6282 – Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID). 
● Links with: 
   E-XK0222 – Africa Leather and Leather ProductsInstitute (ALLPI);  
   F-XF9774 – African Reinsurance Corporation (AFRICA RE);  
   E-XE4132 – African Trade Insurance Agency (ATI);  
   E-XE4174 – United Nations Economic Commission for Africa (ECA); 
   E-XE4257 – West African Monetary Institute (WAMI).
 
Members
Government and Institutional Investors in 61 countries:
Member Countries & Regions
Angola, Belgium, Burkina Faso, Burundi, Benin, Brazil, Botswana, Congo DR, Congo Brazzaville, Côte d’Ivoire, Cameroon, China, Cape Verde, Czech Rep, Djibouti, Egypt, Eritrea, Ethiopia, France, Gabon, UK, Ghana, Gambia, Guinea, Equatorial Guinea, Guinea-Bissau, India, Japan, Kenya, Comoros, Liberia, Lesotho, Luxembourg, Morocco, Madagascar, Mali, Mauritania, Mauritius, Malawi, Mozambique, Namibia, Niger, Nigeria, Russia, Rwanda, Seychelles, Sudan, Sierra Leone, Senegal, South Sudan, Sao Tomé-Principe, Chad, Togo, Tunisia, Tanzania UR, Uganda, USA, South Africa, Zambia, Zimbabwe, Eswatini.