African bank lifts sanctions on former French colony ...News

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African bank lifts sanctions on former French colony
The move will allow Gabon to continue receiving loans and grants for projects The African Development Bank (AfDB) has lifted financial sanctions imposed on Gabon in response to the removal of President Ali Bongo in a coup in August, the new military authorities announced on Friday. The decision was taken at the beginning of last week following successful negotiations with the AfDB, “marking a major turning point in restoring trust with the multinational financial institution,” the Gabonese Economy Ministry said a statement on X (formerly Twitter). “I welcome the lifting of the AfDB sanctions against Gabon and th

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