Nigeria, June 26 -- The African Export-Import Bank (Afreximbank) has disbursed more than $250 billion to support development across Africa over the last three decades, the bank's president, Benedict Oramah, said on Wednesday at the opening of the bank's 32nd Annual Meetings in Abuja.

Mr Oramah said the bank achieved this despite doubts and global economic uncertainty, positioning itself at the centre of Africa's development efforts.

"With the backing of the Nigerian Government and the collective efforts of all our stakeholders, we have positioned the Bank at the forefront of Africa's socio-economic battle and rallied the support of political leaders and policymakers behind it," he said.

Speaking on the bank's evolution since its foundi...