Libya and Sudan have reaffirmed on April 12 their commitment to advancing Africa’s economic architecture, with renewed efforts to operationalize the African Investment Bank positioned at the centre of their engagement.
Acting Libyan Foreign Minister Taher Al-Baour held talks in Tripoli with Sudan’s Foreign Minister Mohi El-Din Salem, focusing on regional developments and the strategic imperative of strengthening economic cooperation amid ongoing political and security challenges across parts of the continent.
At the heart of the discussions was Libya’s drive to activate the African Investment Bank, a flagship continental institution it is set to host. The Libyan delegation underscored the bank’s potential as a catalytic financing vehicle to accelerate development projects and deepen African economic integration.
Al-Baour reiterated Tripoli’s commitment to bringing the initiative to fruition, framing it as a cornerstone for sustainable growth and a lever for unlocking cross-border investment flows. The Sudanese side welcomed the progress, noting that such institutional frameworks are vital for reinforcing collective economic resilience and stability across Africa.
Beyond the bank, both sides explored avenues to enhance bilateral coordination, particularly in economic and development spheres, while aligning on broader regional stability initiatives. The dialogue also reflected a shared intent to revitalize longstanding ties between Libya and Sudan through structured cooperation and policy synchronization.
The meeting concluded with a mutual pledge to sustain high-level consultations and translate diplomatic goodwill into tangible outcomes that advance both national interests and continental prosperity.
