According to a dispatch from the bank, obtained by PANA here Saturday, the delegation, led by Finance Minister
Mr. Kitebi said all the necessary approvals had been concluded and that the DRC expected to become a member of the Bank within a matter of weeks, with the signing and ratification of the instrument of accession to the Agreement Establishing the Bank.
Earlier, Afreximbank President Jean-Louis Ekra told the Minister that the Bank shared the desire of President
According to Mr. Ekra, Afreximbank had been forced to turn down applications worth several hundred million dollars from companies doing business in the DRC because the country was not a member of the Bank.
He said once DRC joined the Bank, Congolese businesses would automatically become eligible for all the facilities available through the Bank.
Under the terms of the 1993 Abidjan Agreement on the establishment of the Bank, countries that did not sign the Agreement before it entered into force are required to issue an instrument of acceptance and accession and then to ratify the Establishment Agreement in order to fully activate their membership.
Afreximbank member states include
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