Public Management

The U.S cuts off part of aid to Gabon after the coup

The U.S cuts off part of aid to Gabon after the coup
Thursday, 28 September 2023 16:25

The U.S. announced it is suspending part of its assistance to Gabon, in response to the coup that took place in the country on August 30. An official statement signed by Secretary of State Antony Blinken indicates that the decision will last for the time it takes to “evaluate the unconstitutional intervention by members of the country’s military.”

“We are (however) continuing U.S. government operational activities in Gabon, including diplomatic and consular operations supporting U.S. citizens,” Blinken said.

This decision comes after the Commonwealth announced a few days ago that it was excluding Gabon from the group until constitutional order was restored. Many other institutions, including the African Union and the Economic Community of Central African States (ECCAS) have also taken actions to condemn the coup.

Nevertheless, tensions are easing and negotiations are ongoing between the transitional government members and the ECCAS as well as international partners to find a common ground. The Gabon junta has also announced the reopening of borders, and the lifting of Ali Bongo's house arrest. These measures have helped to restore a calm climate and augur a return to constitutional order.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct deposits, improving efficiency and product...
EU, EBRD launch €26.5 million financing facility in Côte d’Ivoire Program targets SMEs with loans, co-financing and technical support Initiative...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, interoperable real-time payments All financial...
Okoumé Capital licensed as fund manager by regional regulator Approval enables expansion across Central African financial markets Firm aims to boost...
Most Read
01

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
02

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
03

ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...

ECOWAS and IMF Set New Framework to Align Policies Across West Africa
04

Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...

Coca-Cola Plans $1 Billion Investment in South Africa After Nigeria Push
05

West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...

BOAD Targets $11.5 Billion Investment in WAEMU by 2030 Under New ‘Djoliba’ Plan
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.