Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank Programme in Egypt

Cairo, Egypt, 30th December 2025 – 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 and trading hubs.

This landmark MoU was signed by the Governor of the Central Bank of Egypt (CBE), H.E. Mr. Hassan Abdalla, and the…