News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/libya-becomes-53rd-member-of-afreximbank-boosting-africas-trade-integration/Libya has officially joined the African Export-Import Bank (Afreximbank) as its 53rd member, a move that strengthens the continent’s trade and investment integration agenda. The landmark accession was formalized by His Excellency Dr. Khaled Al-Mabrouk Abdullah, Libya’s Minister of Finance, who signed the agreement on behalf of the Libyan government. This step sets the stage […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/libya-becomes-53rd-member-of-afreximbank-boosting-africas-trade-integration/
The conceptual idea is that Libya joining Afreximbank (the African Export-Import Bank) strengthens Africa's trade integration. Having more members allows Afreximbank to better facilitate trade and investment within the continent, promoting economic growth and development in Africa. Libya's participation is seen as a positive step towards achieving this goal. Essentially, increased membership in Afreximbank signifies a more united and economically interconnected Africa.
