Afreximbank to Avail U.S.$10 Billion Beneath Its Gulf Disaster Response Programme (Gcrp) to Defend African and Caricom Economies From the Ongoing Battle
To counter the extreme financial shocks triggered by the escalating battle within the Center East, the Board of Administrators of African Export-Import Financial institution (Afreximbank) has accepted a US$10 billion Gulf Disaster Response Programme (GCRP) to insulate African and Caribbean economies, monetary establishments and corporates from the impacts of the continued Gulf disaster. The battle,…