Afreximbank to Avail U.S.$10 Billion Under Its Gulf Crisis Response Programme (Gcrp) to Shield African and Caricom Economies From the Ongoing Conflict
To counter the severe economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of African Export-Import Bank (Afreximbank) has approved a US$10 billion Gulf Crisis Response Programme (GCRP) to insulate African and Caribbean economies, financial institutions and corporates from the impacts of the ongoing Gulf crisis. The conflict, which…
