30/05/2025
Libya becomes a full participating state and shareholder of Afreximbank
Download logo 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 of the Bankrsquo;s shares on 13 May 2025. Libya acceded to Afreximbankrsquo;s Establishment Agreement in October 2024, becoming the 52nd African nation to do so, and marking an important step towards full continental coverage and advancement of the Bankrsquo;s continental integration agenda; through trade and investments. The acquisition of...
