African Export-Import Bank cancels its annual meeting due to Ebola fears
NAIROBI, June 15 (Reuters) - The African Export-Import Bank has cancelled its annual meeting scheduled to be held in El Alamein, Egypt, next week, citing joint measures taken by Cairo and the African Union following a surge in Ebola cases in Central Africa.
The Democratic Republic of Congo has reported 782 cases of Ebola since declaring an outbreak a month ago, raising concerns about travel across the region for meetings and other events. Uganda has also reported cases of the virus.
The Cairo-based African Export-Import Bank said in a statement seen by Reuters today that it intends to conduct shareholder business via "correspondence" for the time being, adding that the Egyptian government has also postponed other international events scheduled for this month.
The statement read, "These decisions were taken for reasons related to public health and safety in light of the evolving health situation in parts of the continent."
African governments, regional financial institutions, and private sector shareholders hold stakes in the bank.
The African Development Bank held its annual meeting in Brazzaville, Republic of Congo, last month, shortly after its neighbor, the Democratic Republic of Congo, declared an Ebola outbreak.
