Source: Afreximbank |

Libya becomes a full participating state and shareholder of Afreximbank

The acquisition of Afreximbank’s shares by Libya further strengthens ties with the oil rich nation and enhances critical support to the Libyan economy

The State of Libya has taken a critical step towards its full membership of African Export-Import Bank (Afreximbank) (www.Afreximbank.com) with the acquisition of shares in the African multilateral Bank, making the country both a participating state and a shareholder of the Bank. The country submitted its payment for the acquisition…

Source: Afreximbank |

State of Libya joins Afreximbank membership agreement to boost African trade and Development Cooperation

Joining the Bank’s membership paves the way for the ratification of the Establishment Agreement to complete the accession procedures

The State of Libya has officially acceded to African Export-Import Bank (Afreximbank) Establishment Agreement (www.Afreximbank.com), becoming the 53rd nation to become a member / participating state and marking an important step towards full continental coverage and advancement of the continental integration agenda through trade and investments. The accession document, signed…