Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in Egypt
The Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) yesterday signed a Memorandum of Understanding (MoU) for the establishment of a pan African Gold Bank. This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves and reduce Africa’s reliance on foreign refining