AFREXIMBANK, EGYPT ADVANCE PLANS FOR 2026 ANNUAL MEETINGS IN ALAMEIN

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Barbara Bako, Abuja.

 

African Export-Import Bank has confirmed steady progress in preparations for its 33rd Annual Meetings (AAM2026), as the institution and Egyptian authorities intensify coordination ahead of the high-level gathering scheduled for June 21 to 24, 2026 in Alamein, Egypt.

The update was provided during a joint press briefing held at the headquarters of the Central Bank of Egypt in Cairo, where Afreximbank President and Chairman of the Board of Directors George Elombi met with the Governor of the Central Bank of Egypt, Hassan Abdalla.

The 2026 meetings will be hosted under the patronage of Egyptian President Abdel Fattah el-Sisi.

The briefing, attended by more than 100 local and international media representatives both physically and virtually, provided updates on logistical preparations, expected participation, and Egypt’s role as host of one of Africa’s most significant annual platforms for economic dialogue.

Abdalla reaffirmed Egypt’s readiness to host the event, describing it as a reflection of the country’s continued commitment to African economic integration, trade expansion and sustainable development.

He said the meetings provide a strategic platform for advancing dialogue on trade finance, regional integration and reforms to the global financial system.

Elombi commended Egypt’s support and described AAM2026 as a critical platform for strengthening partnerships and advancing intra-African trade, financial sovereignty and economic resilience.

He said Afreximbank remains focused on identifying priority projects that can accelerate transformation in Africa’s trade and industrial infrastructure.

He disclosed that Afreximbank has provided approximately $9.5 billion in financing to Egypt over the past three years, spanning key sectors including manufacturing, energy, telecommunications, infrastructure and financial services.

He also referenced ongoing flagship projects, including the Afreximbank African Trade Centre in Egypt’s New Administrative Capital, a $250 million development expected to strengthen Egypt’s role as a regional hub for trade facilitation, logistics and SME growth.

Elombi further highlighted plans for a proposed pan-African Gold Bank aimed at strengthening Africa’s gold value chain, improving central bank reserves and reducing reliance on external refining and trading systems.

Afreximbank said the 2026 Annual Meetings will convene Heads of State, central bank governors, ministers, investors, business leaders and development partners to deliberate on Africa’s economic priorities, including industrialisation, infrastructure development, energy, digital transformation and implementation of the African Continental Free Trade Area (AfCFTA).

The programme will include policy sessions, investment forums, deal-signing ceremonies, networking events and bilateral meetings designed to advance intra-African trade and unlock new investment opportunities across the continent.


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