{"id":9031,"date":"2023-09-07T15:15:29","date_gmt":"2023-09-07T15:15:29","guid":{"rendered":"https:\/\/qiraatafrican.com\/en\/?p=9031"},"modified":"2023-09-07T15:15:29","modified_gmt":"2023-09-07T15:15:29","slug":"african-finance-corp-says-gabon-political-situation-a-good-coup","status":"publish","type":"post","link":"https:\/\/qiraatafrican.com\/en\/9031\/african-finance-corp-says-gabon-political-situation-a-good-coup\/","title":{"rendered":"African Finance Corp says Gabon political situation a &#8216;good coup&#8217;"},"content":{"rendered":"<p class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-0\">\u00a0The recent coup in Gabon was executed peacefully and appeared to be a &#8220;good coup&#8221;, with society and business operating as usual, a senior executive from the African Finance Corporation (AFC) said on Thursday.<\/p>\n<p class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-1\">&#8220;We have significant investments in Gabon and so far the coup has been very peaceful, the thinking has been very mature, normal life is going on &#8230; the assets are safe and everything is operating, which probably means it is a good coup,&#8221; Sanjeev Gupta, executive director of financial services at the AFC, said at the Reuters IMPACT climate conference in London.<\/p>\n<p class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-2\">The Lagos-based AFC is a pan-African multilateral development institution, with nine members, mostly from western African states. It is 42.5%-owned by Nigeria\u2019s central bank, 47.6% by other African financial institutions and 9.8% by industrial and corporate shareholders, according to its website.<\/p>\n<p class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-3\">In West and Central Africa&#8217;s\u00a0<a href=\"https:\/\/qiraatafrican.com\/en\/8976\/list-of-recent-coups-in-west-and-central-africa\/\">eighth coup<\/a> in three years, army officers led by General Brice Oligui Nguema\u00a0<a class=\"text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__underline_default__2prE_\" href=\"https:\/\/qiraatafrican.com\/en\/9009\/gabon-coup-how-bongos-rule-was-brought-to-an-end-by-broken-promises-and-shifting-alliances\/\" data-testid=\"Link\">seized power<\/a>\u00a0on Aug. 30, minutes after an announcement that President Ali Bongo had won an election they annulled and said was not credible.<\/p>\n<p class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-4\">Nguema was sworn in as interim president and cheered by jubilant supporters on Monday in a televised ceremony designed to cast the military as liberators of an oppressed society.<\/p>\n<p class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-5\">Unlike Niger, Gabon has not seen an outpouring of anti-French, pro-Russian sentiment, and the generals in charge in Libreville have appeared open to dialogue with international organisations.<\/p>\n<p class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-6\">Gupta said the AFC&#8217;s staff remained on the ground in Gabon and had reported that financial systems and other public services were operating smoothly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0The recent coup in Gabon was executed peacefully and appeared to be a &#8220;good coup&#8221;, with society and business operating as usual, a senior executive from the African Finance Corporation (AFC) said on Thursday. &#8220;We have significant investments in Gabon and so far the coup has been very peaceful, the thinking has been very mature, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":4,"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"Reuters","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"0","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored 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