Egypt to launch Africa’s first strategic gold reserve bank

The Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), George Elombi, announced a collaboration with the Central Bank of Egypt to establish a specialized gold bank headquartered in the Egyptian capital Cairo, RT reported on Thursday. Elombi said that Egypt was chosen as the headquarters for the African Gold Bank due … The post Egypt to launch Africa’s first strategic gold reserve bank appeared first on Egypt Independent .

Original source: Egypt Independent