The Acting Minister of Foreign Affairs in the Government of National Unity, Taher Al-Baour, has discussed with the Chairman of the Founding Committee of the African Investment Bank (AIB), Mustafa Al-Mana, the plan of launching the bank, and the results of communication with the African countries regarding the establishment.

During the meeting held Thursday in the capital, Tripoli, Al-Baour stressed the need for the committee to continue implementing its plan to achieve this important achievement for the Libyan state and the African continent, confirming the committee’s readiness to participate in the African Union summit scheduled to be held at the beginning of 2024.

The AIB is one of three financial institutions of the African Union (AU) along with the African Monetary Fund and the African Central Bank. It was decided to be headquartered in Tripoli, Libya, with a capital estimated at about 25 billion dollars.