Tripoli likely to host African Investment bank.

Author:Rosenberg, Anna
Position:AFRICAN BANKER'S WORLD - Brief article

The African Union's commissioner for economic affairs, Maxwell Mkwezalamba (above), has confirmed that the AU has signed an agreement with Libya to host the proposed African Investment Bank (AfIB). The AU has set up a technical steering committee to work out details of its funding, management and institutional framework as well as how best to promote Africa's economic integration through the creation of a pan-African stock exchange. Mkwezalamba said the new investment bank would complement the work of the African Development...

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