2025-12-31 08:35:00
In coverage from PUNCH, Afreximbank is moving toward a pan-African “gold bank” concept via a formal partnership with Egypt’s central bank, aimed at building structured value chains around Africa’s gold sector.
The initiative is being framed as an institutional push to formalise gold trade, strengthen reserves management options, and reduce fragmentation that often leaves value outside producer economies.
For African commodity strategy, the bigger idea is shifting from “raw export” to financeable, standardised flows that can support industrial policy, reserves, and cross-border trade.
Validation: Afreximbank said “Memorandum of Understanding… for the Establishment of a Gold Bank programme in Egypt.” and Egypt Today reported “to establish a gold bank aimed at transforming Africa’s gold industry.”
Echotitbits take: If executed well, this could be a template for commodity-backed trade finance that keeps more value within Africa. Watch for governance details, bullion standards, custody frameworks, and how smaller producer states are brought in.
Source: Tanzaniatimes — 31 December 2025 (https://tanzaniatimes.net/egypt-and-afreximbank-to-establish-a-pan-african-gold-bank/)
Tanzaniatimes 31 December 2025
Photo Credit: Tanzaniatimes
