08/04/2026 - Index/Markets Sectors

08/04/2026 - Sectors

Global Recovery Program: Afreximbank to unlock US$10 billion§§§--=--§§§<p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">In order to protect African and CARICOM economies from the ongoing conflict, </span><a><span style="font-size:14.0pt;line-height:107%;font-family:&quot;Bookman Old Style&quot;,serif">Afreximbank&nbsp;</span></a><span style="font-size:14.0pt;line-height:107%;font-family:&quot;Bookman Old Style&quot;,serif">will unlock US$10 billion as part of its Global Recovery Program (GRP). <o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">&nbsp;</span></p><p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">The Board of Directors of&nbsp;</span><a><span style="font-size:14.0pt;line-height:107%; font-family:&quot;Bookman Old Style&quot;,serif">the African Export-Import Bank (Afreximbank)&nbsp;</span></a><span style="font-size:14.0pt;line-height:107%; font-family:&quot;Bookman Old Style&quot;,serif">has approved a US$10 billion Gulf Crisis Response Program (GCRP) to protect economies against severe economic shocks triggered by the escalating conflict in the Middle East. <o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">The conflict has sent shockwaves through the global economy, with African and Caribbean economies being the hardest hit. Given the Gulf region's importance as a major global source of oil, liquefied natural gas (LNG), fertilizers, and the crucial role of the Strait of Hormuz, the escalating conflict has led to far-reaching global repercussions, particularly affecting African and CARICOM economies.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">The GCRP aims, in particular, to support essential imports – including fuel, LNG, foodstuffs, fertilizers, and pharmaceuticals – by providing vital short-term foreign exchange and liquidity to support vulnerable member states.<o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">It further aims to empower African energy and mineral exporters to capitalize on rising prices and the redirection of trade flows by increasing their production capacity in strategic raw materials through pre-export financing, working capital, and inventory financing.<o:p></o:p></span></p><p> <span style="font-size:14.0pt;line-height:107%;font-family:&quot;Bookman Old Style&quot;,serif; mso-fareast-font-family:Calibri;mso-fareast-theme-font:minor-latin;mso-bidi-font-family: &quot;Times New Roman&quot;;mso-bidi-theme-font:minor-bidi;mso-ansi-language:FR; mso-fareast-language:EN-US;mso-bidi-language:AR-SA">The program also aims to strengthen the medium- to long-term resilience of African and Caribbean economies to future shocks by increasing the production capacities of energy and mineral producers and exporters, while accelerating the completion of essential energy, port, and logistics infrastructure projects in African and Caribbean member states, which have been delayed by the conflict.</span></p>

08/04/2026 - Sectors

08/04/2026 - Sectors

07/04/2026 - Sectors

Funds and Bonds: Orishas Finance Strengthens Access to Strategic Information

07/04/2026 - Sectors

Finance: In Ghana, Okoumé Capital registers its activities within the regional regulatory framework

07/04/2026 - Sectors

Justice in Gabon: establishment of a National Agency for the Recovery of Criminal Assets§§§--=--§§§<p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">The second conference of prosecutors from the jurisdiction of the Libreville Judicial Court of Appeal, chaired by the Secretary General of the Chancellery, Jacques Lebama, concluded its work on Saturday, April 4, in Libreville with several recommendations. <o:p></o:p></span></p><p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">&nbsp;</span></p><p class="MsoNormal"><span style="font-size:14.0pt;line-height:107%;font-family: &quot;Bookman Old Style&quot;,serif">Among the recommendations, the Libreville Judicial Court of Appeal announced the establishment of a National Agency for the Recovery of Criminal Assets, in the presence of the Prosecutor General at the Libreville Judicial Court of Appeal, Dr. Eddy Minang, and the internal security attaché of the French Embassy in Gabon. There is also the expansion of the scope of action of the Public Prosecutor by granting him all levers in the investigation of criminal assets, as well as the harmonization of internal texts with the recommendations of the&nbsp;</span><a><span style="font-size:14.0pt;line-height:107%;font-family:&quot;Bookman Old Style&quot;,serif">Financial Action Task Force (</span></a><a><b><span style="font-size:14.0pt;line-height:107%;font-family:&quot;Bookman Old Style&quot;,serif">FATF</span></b></a><a><span style="font-size:14.0pt;line-height:107%; font-family:&quot;Bookman Old Style&quot;,serif">)</span></a><span style="font-size:14.0pt; line-height:107%;font-family:&quot;Bookman Old Style&quot;,serif">&nbsp;and the Anti-Money Laundering Group in Central Africa (GABAC).<o:p></o:p></span></p><p> <span style="font-size:14.0pt;line-height:107%;font-family:&quot;Bookman Old Style&quot;,serif; mso-fareast-font-family:Calibri;mso-fareast-theme-font:minor-latin;mso-bidi-font-family: &quot;Times New Roman&quot;;mso-bidi-theme-font:minor-bidi;mso-ansi-language:FR; mso-fareast-language:EN-US;mso-bidi-language:AR-SA">These proceedings allowed experts from France, the sub-region, Gabon, judicial police officers, the National Financial Investigation Agency (ANIF), and magistrates from courts within the jurisdiction of the Libreville Judicial Court of Appeal to address all aspects related to the recovery of criminal assets.</span></p>

07/04/2026 - Sectors

Digital Transformation and the Rise of AI: A New Platform Officially Launched in Rabat

07/04/2026 - Sectors

Construction of an Aircraft Maintenance Center: Air Côte d’Ivoire Takes a Decisive Step

07/04/2026 - Sectors

Support for forest SMEs in Cameroon, Congo, and CAR: World Bank approves a loan of 224.3 billion FCFA

07/04/2026 - Sectors

07/04/2026 - Sectors

Finance: BOA Morocco plans to increase its capital by $116.5 million through incorporation of reserves

06/04/2026 - Sectors

03/04/2026 - Sectors

Strengthening Digital Infrastructure in Nigeria: 1000 New Telecom Towers

03/04/2026 - Sectors

Monetary Policy: Central Bank Eases Key Interest Rate

03/04/2026 - Sectors

Private Sector: AfDB and APIM Strengthen Partnership to Mobilize More Funding

03/04/2026 - Sectors

Housing Finance in Abidjan: Shelter Afrique to set up in Côte d'Ivoire

03/04/2026 - Sectors

Agriculture: $98 million for an agricultural mechanization program in Central African Republic

03/04/2026 - Sectors

Nigerian Agricultural Sector: World Bank Approves $500 Million Credit

03/04/2026 - Sectors

Return on Investment: BOA Côte d'Ivoire Announces $47.5 Million in Dividends