Algeria: the country increases its participation in the capital of the African Export-Import Bank : Orishas-finance

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Algeria: the country increases its participation in the capital of the African Export-Import Bank

14/02/2025

Source : ORISHAS FINANCE

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Algeria: the country increases its participation in the capital of the African Export-Import Bank

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A presidential decree signed by the President of the Algerian Republic on 4 February was published in the Official Journal (JO) No. 8. This decree authorizes the additional participation of Algeria in the capital of the African Export-Import Bank “Afreximbank”, up to 2,285 additional shares.

Presidential Decree No. 25-69 authorizes the additional participation of Algeria in the capital of the African Export-Import Bank, up to 2285 additional shares. According to the decree, “the payment of the additional contribution will be made from the funds of the Public Treasury”.

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