African Finance Corp says Gabon political situation a 'good coup'

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London - The recent coup in Gabon was executed peacefully and appeared to be a

"good coup", with society and business operating as usual, a senior executive from the African Finance Corporation said on Thursday.

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’s central bank, 47.6% by other African financial institutions and 9.8% by industrial and corporate shareholders, according to its website. 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.

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