From Fred Ezeh, Abuja

African Export-Import Bank (Afreximbank) has extended its partnership with the Grand Africa Initiative (GAIN), a pan-African non-governmental organization empowering African youths through training, mentorship, and advocacy, thus providing a grant aimed at facilitating the training of 300 young African entrepreneurs.

Afreximbank, in a statement, on Wednesday, noted that the forthcoming training programme will focus on entrepreneurship and intra-African trade, and it’s set to commence in March 2024.

Yusuf Daya, Director, AU/AfCFTA Relations and Trade Policy, Afreximbank, in the statement, emphasized the importance of capacitating young African entrepreneurs to take full advantages of the opportunities availed by the African Continental Free Trade Area (AfCFTA).

He said: “Our renewed support to the GAIN Masterclass underscore the Bank’s efforts to develop skills of African youths and build African entrepreneurial capacity under the Afreximbank Academy (AFRACAD).

Similarly, Jerry Ojima Momoh, the Partnership Lead at GAIN, expressed enthusiasm at the renewed collaboration, stating, “this marks the 5th edition of GAIN Entrepreneurship Masterclass series designed to empower African youths.”

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Momoh maintained that GAIN-Afreximbank Masterclass on Entrepreneurship and Intra-African Trade has been meticulously designed to equip young African entrepreneurs from various regions of the African continent with essential skills to foster the growth and expansion of their enterprises beyond their individual national borders.

“In the six-weeks comprehensive programme, participants would gain valuable insights into how to build and expand their businesses leveraging the intra-African Market. Participants would also receive technical guidance, practical training, and business advisory from a faculty of international experts.

“We have two series so far focused on training women, and the third series now open to both male and female. We are happy to have this partnership with Afreximbank again this year to provide invaluable entrepreneurial support to young entrepreneurs.

“In 2022, we trained participants from 29 countries across Africa. Beyond the training, participants gained in-depth knowledge, built connections, and accessed mentorship from experienced global mentors, all of which will have a successful impact on their business growth.”

Momoh was optimistic that the Masterclass will enhance inclusivity in the implementation of AfCFTA by offering interventions that specifically support young Africans, women, and small and medium-sized enterprises.

He encouraged interested individuals to submit applications through the official programme website at, stressing that only prospective entrepreneurs who met the criteria would be selected from across Africa to participate in the training.