Prof. Benedict Oramah

The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah has urged African leaders to negotiate for better conditions when engaging the International Monetary Fund (IMF).

He stated that it is imperative for African countries to benefit from their membership status with the IMF by demanding for a better treatment when going for a support from the fund.

Speaking at the launch of the Alliance of African Multilateral Financial Institutions in Accra, Prof. Oramah stressed the need for African countries to work collectively in addressing challenges affecting the financial sector of various economies on the continent.

"It's either you go there or quit. Because we are members of the IMF. The only problem is that when they go, they must make sure that they treat us the way they treat the European or Asian countries. I think that's what we have to demand", he said.

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