Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), and Angelina Eichhorst, European Union (EU) Ambassador to Egypt and the League of Arab States, inaugurated the 9th Steering Committee Meeting of the EU-funded regional initiative to support African central banks through capacity building, titled “Strengthening Financial Stability, Resilience, and Governance – Towards an Enhanced European System of Central Banks (ESCB) Dialogue with Africa”. The meeting was hosted at the CBE’s headquarters on Tuesday, 20 January 2026, with the participation of representatives from a number of European and African central banks. On this occasion, CBE Governor Hassan Abdalla said that since the programme’s launch in December 2023, it has demonstrated the importance of peer-to-peer cooperation between African and European central banks. He noted that the initiative has delivered tangible benefits for African central banks, including capacity development, knowledge exchange, and support for reform efforts to address global economic challenges. The programme benefits a number of African central banks, including the Central Bank of Egypt, the National Bank of Angola, the Central Bank of West African States (BCEAO), the Bank of Central African States (BEAC), the Bank of Ghana, the Central Bank of Kenya, Bank Al-Maghrib, the Bank of Mozambique, the Bank of Namibia, the South African Reserve Bank, the Bank of Tanzania, and the Central Bank of Tunisia, covering a total of 24 African countries.

Source: Daily News Egypt January 21, 2026 17:07 UTC