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Imo in advance talks with Afreximbank for $1.5 billion investment deal — Hope Uzodimma

The Governor of Imo State, Hope Uzodimma, has revealed an ongoing discussion with the the President of the Africa Export Import Bank (Afreximbank), Prof. Benedict Oramah, for a potential $1.5  billion investment deal in the southeastern state.

In a statement on Friday, Uzodimma remarked that he met with the president of the Bank in Cairo, Egypt, where the two discussed in details the investment opportunities of Imo State.

Earlier, Oguwike Nwachuku, the Chief Press Secretary and Media Adviser to the Governor, expressed that the Governor is eager to transform Imo State’s extensive arable land, gas reserves, and other plentiful natural resources into revenue streams and job opportunities for the state’s unemployed youth.

Moreover, Uzodimma detailed the Cairo meeting on his X platform thread, noting that the investment opportunity amounts to approximately $1.5 billion.