Arab Finance: Egyptian Minister of Finance Mohamed Maait called for developing a more resilient “African financial structure” to flexibly deal with external shocks and development financing challenges, as stated on June 20th.

This came on the sidelines of the African Export-Import Bank (Afreximbank) Annual Meetings (AAM2023) held in Accra, Ghana.

The minister noted that the African nations need to boost production capacities in order to avoid any potential disruptions of the global supply chains.

He also called for developing and executing an ambitious plan to prepare African economies to contain any internal or external shocks and to meet the citizens’ needs amid the current global economic crisis.

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