African bank

The Director of the African Development Bank, Al-Azizi Mohammed, has said that the bank aims to invest in the field of pharmaceutical industry and to digitize the health sector in Libya, as well as to establish advanced infrastructure in the country, support development projects, raise the capabilities of the private sector, and build a clear and transparent partnership with Libyan institutions.

This announcement came during his meeting with the Deputy Prime Minister of the Government of National Unity, the Acting Minister of Health, Ramadan Abu Janah, as he presented the bank’s activities and objectives, noting the importance of Libya’s role as one of the most significant members of the bank due to its share in its capital.

Al-Azizi presented an overview of the bank’s plan, which was discussed with several institutions, including the Ministries of Economy, Planning and Finance, in addition to the Central Bank of Libya, noting that the plan was in line with development plans in Libya.

He confirmed that the African Development Bank has many investment projects to implement in Libya if it obtains permission to establish a private reconstruction and investment fund to finance large, medium and small projects.

Abu Janah, meanwhile, expressed the Ministry of Health’s desire to advance the implementation of projects related to the health sector with the African Development Fund, and proposed forming a joint technical committee to prepare a memorandum of understanding between the two sides.