The African Export-Import Bank (Afreximbank) is a multilateral financial institution that was established to promote trade within and beyond Africa. The Bank has African governments, private and institutional investors, as well as non-African private and institutional investors as shareholders. It operates from its headquarters in Cairo, Egypt, and has branches in Harare, Zimbabwe; Abuja, Nigeria; Abidjan, Ivory Coast; and Nairobi, Kenya.
The Bank offers an internship program to students who are enrolled in full-time undergraduate or postgraduate programs in recognized institutions of learning in the year of the internship. The program seeks to provide students with an opportunity to gain practical experience in their field of study and to promote intra and extra-African trade. The Bank is especially interested in candidates whose field of study is in economics, business administration, finance, accounting, social sciences, statistics, law, or related fields.
Successful interns will receive a monthly tax-free stipend of USD 800 to help defray living costs. They will also be provided with accommodation in a hotel chosen by the Bank for one week during the induction period, transfer to the hotel on arrival and vice versa on departure at the end of a successful internship program, and relevant visas for the duration of the internship program if required.
To be eligible for the program, candidates must be nationals of the Bank’s member states, aged between 20 and 32 in the year in which they apply for the internship, and fluent in English or French, with a working knowledge of the other. Knowledge of Arabic or Portuguese will be an added advantage. Children of Afreximbank staff are not eligible to participate in the program.
The Bank is only able to take two candidates in each season, making a total of four interns per year, unless specifically approved by the President. Interested and qualified candidates can apply on the Bank’s website, and successful candidates will be contacted. Once accepted, candidates will be given two weeks within which to accept a conditional offer from the Bank, or else it will expire. On commencement, interns will be taken through the Bank’s normal induction process and then attached to a particular primary department, whose Head of Department will select a mentor for them during their internship period. At the end of the internship, candidates will be expected to write a report on what they have gained from the internship and how they intend to use this knowledge to promote intra and extra-African trade.
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