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Negative narratives hinder Africa’s investment drive – Afreximbank President
NG🏛️ Politics4 days ago

Negative narratives hinder Africa’s investment drive – Afreximbank President

Dr. George Elombi, President of the African Export-Import Bank (Afreximbank), called on African journalists to shift the global perception of Africa by focusing on the continent's developmental achievements rather than its challenges. During a media roundtable in Abuja, he criticized international media for predominantly covering negative aspects like conflicts, disasters, and coups, while overlooking progress in infrastructure and industry. Elombi also challenged international credit rating agencies for unfairly assessing African financial institutions, arguing that these entities are often downgraded due to their location rather than performance. He supported the African Union's proposal to create a locally managed credit rating agency to evaluate African businesses based on regional conditions. Additionally, he highlighted Afreximbank's efforts in healthcare through initiatives like the African Medical Centre of Excellence.

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Vanguard Nigeria logoVanguard NigeriaIndependentCenterFactual 85Objective 704 days ago
Negative narratives hinder Africa’s investment drive – Afreximbank President

Dr. George Elombi, President of the African Export-Import Bank (Afreximbank), called on African journalists to shift the global perception of Africa by focusing on the continent's developmental achievements rather than its challenges. During a media roundtable in Abuja, he criticized international media for predominantly covering negative aspects like conflicts, disasters, and coups, while overlooking progress in infrastructure and industry. Elombi also challenged international credit rating agencies for unfairly assessing African financial institutions, arguing that these entities are often downgraded due to their location rather than performance. He supported the African Union's proposal to create a locally managed credit rating agency to evaluate African businesses based on regional conditions. Additionally, he highlighted Afreximbank's efforts in healthcare through initiatives like the African Medical Centre of Excellence.

Bias read (Center): The article presents the views of Dr. George Elombi, the President of Afreximbank, regarding the need to change the global narrative around Africa. It does not exhibit clear bias toward any particular political ideology, presenting his arguments without overtly favoring one side over another. The le

Why these scores (Factual 85 · Objective 70): Factuality is high as the article accurately reports Dr. George Elombi's statements at a media roundtable in Abuja. It reflects his concerns about negative narratives affecting Africa's investment potential. Objectivity is somewhat lower due to the article's emphasis on Elombi's criticisms of intern

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