Strength in Unity: AES Investment Bank Paves Way to Africa's Investment Future, Malian Expert Says
19:24 27.05.2025 (Updated: 19:44 27.05.2025)
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Strength in Unity: AES Investment Bank Paves Way to Africa's Investment Future, Malian Expert Says
The new Confederal Bank for Investment and Development might entice other African countries to form a monetary union, Vice President of the Mali Recovery and Development Bloc Agali Welé told Sputnik Africa.
"With this creation, the three countries are sovereign. They have the autonomy, the complete independence to finance the projects they consider a priority in relation to the needs of their populations. This will inevitably promote internal development," he explained.
This bank, he argued, represents a step towards eliminating foreign interference in economic decisions.
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