Jump to navigation

Vol 47 No 20

Published 6th October 2006


Pride and prejudice

A row over a pan-African trade bank threatens Cairo's diplomatic and commercial standing

Mild-mannered Ivorian banker Jean-Louis Ekra is an improbable figure to be in the eye of a continental storm. But a diplomatic storm is indeed brewing as the dispute worsens between Cairo and several other African capitals over the appointment of Ekra as President of Afreximbank, a multilateral bank set up in 1993 to promote intra-African trade. Afreximbank is a public-private partnership, majority-owned by public sector shareholders and multilateral institutions representing 34 African countries.

End of preview - This article contains approximately 992 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.