AGP Executive Report
Last update: 11 hours agoCEMAC Public Finance: Cameroon’s outstanding Treasury securities on the regional debt market hit CFA2.061 trillion at end-July 2026, but annual growth slowed to 4.1% from much faster increases in the prior two years—while Gabon remains the biggest holder in the bloc. Regional Borrowing Costs: Cameroon also saw its short-term borrowing rate rise to 6.97% in July 2026, and banks’ appetite weakened as participation in Treasury bill auctions fell below 20%, with higher rates elsewhere pulling demand. Gabon Digital Services: Makokou is getting a boost to public connectivity and administration, with new public Wi-Fi zones and expanded digital services under Gabon’s push to modernise government procedures. Gabon Infrastructure Finance: A €312m financing deal was signed for Phase III of the Gabon Railway Modernisation & Safety Programme, targeting upgrades on the 648 km Transgabonais line to improve reliability, safety and capacity. Gabon Debt Pressure: Libreville faces a reported Paramount Group-related claim of about $330m, with a tight September 3 deadline for settlement after rights were acquired by Bosch Capital. Energy & Business Context: Nigeria’s electricity subsidy burden reached N1.928tn in 2025, underscoring how tariff freezes keep fiscal costs rising across the region.
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