logo
#

Latest news with #32ndAnnualMeetings

Egypt's CBE Governor Attends 2025 Afreximbank Annual Meetings
Egypt's CBE Governor Attends 2025 Afreximbank Annual Meetings

See - Sada Elbalad

time14 hours ago

  • Business
  • See - Sada Elbalad

Egypt's CBE Governor Attends 2025 Afreximbank Annual Meetings

Taarek Refaat Hassan Abdullah, Governor of the Central Bank of Egypt, is taking part in the 32nd Annual Meetings of the African Export-Import Bank (Afreximbank), held from June 25 to 27. The event gathers a high-profile lineup of heads of state, senior policymakers, investors, and economists from Africa, the Caribbean, and more than 80 countries worldwide. This year's theme — 'Building the Future on Decades of Resilience' — reflects the continent's ongoing efforts to transform its economic landscape through trade, innovation, and strategic partnerships. The meetings aim to accelerate intra-African trade and cross-border investment, strengthen South-South cooperation, expand public-private partnerships across critical sectors Governor Abdullah's participation underscores Egypt's commitment to regional financial integration and its growing leadership in African economic development. Among the prominent figures attending the summit: President Bola Ahmed Tinubu of Nigeria, Former President Olusegun Obasanjo Ambassador Albert Muchanga, African Union Commissioner for Economic Development, Trade, Industry, and Tourism, as well as senior ministers, central bank governors, and CEOs from across Africa and the Caribbean. The agenda features high-level policy panels and economic dialogues, including sessions led by Jeffrey Sachs, Columbia University, Kishore Mahbubani, National University of Singapore, as well as African business icons such as Aliko Dangote and Tony Elumelu Egypt's Strategic Role The governor is expected to emphasize Egypt's vision for financial inclusion, fintech innovation, and regional infrastructure financing, aligning with Afreximbank's mission to build resilient African economies. Egypt, one of the bank's founding members, continues to play a pivotal role in regional banking reform and cross-border payment systems, including the Pan-African Payment and Settlement System (PAPSS). As African economies navigate global uncertainty, rising debt burdens, and climate-related challenges, this year's Afreximbank meetings are seen as a critical forum for shaping a new financial architecture — one centered on self-reliance, digitization, and sustainable development. Egypt's presence — through Governor Hassan Abdalla — signals not only participation, but a strategic stake in shaping that future. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store