The African Export-Import Bank has approved a $10 billion Gulf Crisis Response Program to help African and Caribbean economies cope with the severe economic shocks triggered by the Middle East conflict. The program aims to sustain essential imports such as fuel, LNG, food, fertiliser, pharmaceuticals, and short-term foreign exchange (FX) and liquidity support vulnerable member states. It also aims to accelerate the completion of critical energy, port, and logistics infrastructure projects delayed by the conflict.