*** Samallie Kiyingi, Afreximbank Director Legal Services, receiving the General Counsel of the Year Award on 2 September in Johannesburg, South Africa ***
African Export-Import Bank (Afreximbank) is delighted to announce that Samallie Kiyingi, the Bank’s Director Legal Services, has won General Counsel of the Year at the African Legal Awards, held in Johannesburg.
The African Legal Awards celebrate exceptional achievement among Africa’s legal elite, and this year the awards marked their ninth year of existence.
This award reflects the stellar contribution of Samallie Kiyingi to the ongoing work of Afreximbank, and further reflects the extraordinary work of the legal department she leads – which has worked tirelessly to support the Bank’s efforts and thereby accelerate Africa’s development. Deploying innovative strategies to ensure that the wider work of the Bank is possible, anchored always in legally rigorous foundation, the team have demonstrated unparalleled commitment to, and ingenuity in advancing the cause of Africa’s prosperity in the face of unprecedented challenges posed by events such as the pandemic.
Samallie Kiyingi expressed her appreciation on being selected to receive the award.
“I am honoured by this acknowledgement by the African legal community and dedicate this prestigious recognition to my team and colleagues, and thank the President and Vice Presidents of Afreximbank for their support. These past few years have been about more than just transactions. In the face of a global pandemic, we have had to come together to play our part for the good of our continent. My team and I have taken on this responsibility and responded with commitment, resilience and ingenuity. I feel privileged to have been able to contribute to the incredible work of Afreximbank – especially at a time when innovative, bold and decisive leadership is needed,” Kiyingi commented.
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. Afreximbank deploys innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Afreximbank is working with the AU and the AfCFTA Secretariat to develop an Adjustment Facility to support countries in effectively participating in the AfCFTA. At the end of 2021, the Bank’s total assets and guarantees stood at about US$25 billion, and its shareholder funds amounted to US$4 billion. Afreximbank disbursed more than US$51 billion between 2016 and 2021. The Bank has ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). The Bank is headquartered in Cairo, Egypt.