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Africa: Gulf Shock, African Shield

9 Apr 2026, 08:33 GMT
Africa: Gulf Shock, African Shield

[Independent (Kampala)] Cairo, Egypt -- Africa's multilateral lender, African Export-Import Bank, has approved a $10 billion emergency facility to shield African and Caribbean economies from the fallout of escalating tensions in the Gulf, as policymakers race to contain a fresh wave of global economic disruption.