Afrinvest Extends its operations in a bid to Navigate Financial Advancement
By Abdul Rahman Bangura-
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The group Managing Director of Afrinvest West Africa – Ike Chioke in his statement; at the liftoff the Nigeria capital market holding Company, remarked in Kano State stated, the firm is geared on investment banking, securities trading, asset management, trust services, consultancy and technology services.
He added, investment and support of Kano government through infrastructure funding and business support will accelerate the state’s economic growth.
He disclosed that Afrinvest financed construction of the multi-million Ado Bayero Mall in the state, which would be of great economic benefit to the state’s economy.
Chioke said: “in 2009, Afrinvest focused on technology and capital market, and it also engages in foreign exchange business that had been digitized to provide efficiency and transparency via its mobile app. The feat aligns with the firm’s resolve to digitize financial market and its other services and make transactions seamless for its clients in different parts of the world.”
He noted that, the current branch will provide a diverse service on financing, road projects, bridges and power projects for Kano and its
neighbors, saying, “we will be able to raise fund to assist Kano government in delivering its developmental projects.”
Kano State Governor – Abba Yusuf, asserted the state’s wiliness to align with Afrinvest by way to bolster businesses and development of infrastructure.
The governor, who was represented by the Permanent Secretary, Ministry of Finance, Kabiru Magami, noted that the launch of the new unit in Kano would entice enormous financial value to trade and investment in the state.
He divulged the state’s agenda to develop trade, as well as engage in modernization and expansion of public infrastructure into global standards.
Yusuf heaped praises on Afrinvest’s clouts in the last thirty years of operation, showing happiness for its choice of Kano in its expansion drive.
He guaranteed to give a comfortable and secure environment for the firm to succeed.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent