Afreximbank and the Central Bank of Egypt signed an MoU to establish a Pan-African Gold Bank
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Afreximbank and the Central Bank of Egypt signed an MoU to establish a Pan-African Gold Bank

Afreximbank and the Central Bank of Egypt signed an MoU to advance the establishment of a Pan-African Gold Bank in Egypt - an initiative designed to formalise gold value chains, strengthen central bank reserves, and reduce reliance on foreign refining and trading hubs. The partnership will assess the development of an integrated ecosystem, including accredited refining, secure vaulting, and structured trading services, laying the foundation for deeper financial integration, value addition, and long-term economic resilience across Africa. #Afreximbank #GoldBank