Governor of the Central Bank of Egypt and President of Afreximbank Hold a Press Briefing on Egypt’s Ongoing Preparations to Host the 33rd Afreximbank Annual Meetings in Alamein<\/p>\n
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H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), and Dr George Elombi, President and Chairman of the Board of Directors of Afreximbank, held on 13 May 2026, a press briefing at the CBE\u2019s headquarters ahead of the 33rd Afreximbank Annual Meetings (AAM2026). The AAM2026 will be held under the patronage of H.E. President Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, in Alamein city from 21 to 24 June 2026.<\/p>\n
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Attended by over 100 local and international media representatives, both in person and virtually, the briefing provided updates on preparations for AAM2026, expected participation, and Egypt\u2019s role as host country for one of Africa\u2019s leading annual gatherings focused on advancing the continent\u2019s economic transformation.<\/p>\n
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In his remarks, H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt, reaffirmed Egypt\u2019s commitment to the successful hosting of the AAM2026 and emphasised the country\u2019s readiness to host the event as well as its long-standing partnership with Afreximbank to support Africa\u2019s economic development, trade and investment.<\/p>\n
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Mr. Abdalla said: \u201cEgypt is honoured to host the 33rd Afreximbank Annual Meetings in Alamein, reflecting our continued commitment to supporting Africa\u2019s economic integration, trade expansion, and sustainable development.\u201d<\/p>\n
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He also noted that these Meetings represent a high-level platform for dialogue and the exchange of views on the future of African economic and financial cooperation.<\/p>\n
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He added: \u201cThe Meetings extend beyond conventional discussions to advance key continental priorities, including trade finance, regional integration, and the pressing need to reform the global financial architecture to better reflect the development needs of emerging economies.\u201d<\/p>\n
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Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, expressed his appreciation to H.E. Mr. Hassan Abdalla for his strong support and commitment to hosting AAM2026 in Alamein and for the efforts by all relevant institutions in coordinating these meetings in Egypt.<\/p>\n
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\u201cEgypt and Afreximbank share a common vision to accelerate Africa\u2019s economic development, industrialisation, and widespread economic prosperity across the continent.<\/p>\n
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\u201cAAM2026 will provide a valuable opportunity to strengthen partnerships, unlock investment opportunities, and advance discussions on intra-African trade, Africa\u2019s financial sovereignty, and its economic resilience in an increasingly complex global environment\u201d.<\/p>\n
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Dr. Elombi added that \u201cThrough our Annual Meetings, Afreximbank aims to identify priority projects and actionable programmes that will accelerate the transformation of Africa\u2019s trade infrastructure. Africa\u2019s pace of growth will be driven by industrialisation and intra-African trade, and achieving this will require significant improvements in processing, logistics, and importantly, policy support from governments.\u201d<\/p>\n
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The briefing underscored the strong strategic partnership between Egypt and Afreximbank, while highlighting the Bank\u2019s support for key sectors, including financial services, trade, industrial infrastructure, manufacturing, oil and gas, telecommunications, power, and construction.<\/p>\n
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Additionally, the press briefing outlined the significant opportunities associated with Egypt hosting AAM2026, including enhancing the country\u2019s position as a regional financial and business hub, supporting the Meetings, Incentives, Conferences and Exhibitions (MICE) sector, creating new opportunities for Egyptian businesses, investors and the broader private sector, as well as providing a major boost to tourism in Alamein.<\/p>\n
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Dr Elombi said that the Bank has provided approximately US$9.5 billion in financing to Egypt over the past three years. He also referenced the groundbreaking of the Afreximbank African Trade Centre (AATC) in New Administrative Capital in December 2025, noting that the landmark US$250 million development will strengthen Egypt\u2019s role as a regional hub for trade facilitation, payments, logistics, and SME development.<\/p>\n
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Dr. Elombi further outlined plans for the proposed pan-African Gold Bank, an initiative designed to formalise Africa\u2019s gold value chains, strengthen central bank reserves, and reduce the continent\u2019s dependence on offshore refining and external trading centres.<\/p>\n
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Over the years, Afreximbank\u2019s Annual Meetings have become one of the leading platforms for shaping dialogue on Africa\u2019s economic future and advancing intra-Africa trade. The 33rd Afreximbank Annual Meetings are expected to bring together Heads of State, government ministers, central bank governors, business leaders, academics, entrepreneurs, private sector investors, and development partners. They will deliberate on the key issues shaping Africa\u2019s economic future and trade agenda, while advancing practical solutions for the continent.<\/p>\n
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The AAM2026 programme will offer policy discussions, plenary sessions, business and investment forums, deal-signing ceremonies, major announcements, networking events, bilateral meetings, and forums on intra-African trade and the African Continental Free Trade Area (AfCFTA). It will also feature presentations on trade finance, industrialisation, energy, infrastructure, and digital transformation.<\/p>\n
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