AGP Executive Report
Last update: 4 hours agoDigital Payments: Gabon’s cabinet approved changes to payment laws aimed at widening financial inclusion, improving regional and international interoperability, and shifting more transactions away from cash. CEMAC Currency: Five older CFA-franc coin series lose legal-tender status on November 1. Holders can exchange them until October 31, 2027, first through banks and microfinance institutions, then at BEAC branches. Oil & Gas: VAALCO completed its latest Gabon drilling campaign and is advancing its Baobab program; explosives company EPC reported 46% growth in Gabon in the first half of 2026. Credit Outlook: Moody’s turned more positive on sub-Saharan Africa, but Gabon is among four countries with a negative outlook, with debt expected to rise sharply. Mining Investment: Genmin’s Baniaka iron-ore project remains short of a binding financing deal, leaving funding as the key hurdle before construction.
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