AGP Executive Report
Last update: 6 hours agoBEAC Liquidity Stress Test: A new study urges BEAC to set up an emergency liquidity facility of CFA1.7tn–CFA2.3tn to keep financing flowing for essentials like food, fuel and pharmaceuticals during geopolitical shocks, with the proposed size pegged at about 2%–3% of CEMAC GDP. CEMAC Banking Pressure: After BEAC eased monetary policy on June 29, banks kept asking for more refinancing than BEAC supplied—requests rose to CFA535.5bn on July 14 while BEAC offered CFA500bn, leaving part of demand unmet for the third straight auction. CEMAC Capital Markets Push: BEAC selected four CEMAC firms to receive nearly CFA143m to help cover part of the costs of listing on BVMAC, including Gabon-based Samba’A Assurances, Gabon Power Company and Façade Maritime Champ Triomphal. Cross-Border Payments Upgrade: BEAC has joined PAPSS, linking CEMAC to instant payments across Africa in local currencies, aiming to cut the cost and speed up cross-border transfers. Gabon Digital Governance: Gabon held talks with TikTok executives at WSIS 2026 in Geneva to review progress since February 2026 platform suspensions and move toward a more structured approach to digital platform governance. Oil & Gas Regional Value Agenda: APPO’s NOC-CEO Forum is set for October 12 in Cape Town alongside African Energy Week, with a focus on regional refining, gas markets, petroleum trade and harmonising regulations—key themes for reducing Africa’s reliance on imported fuels.
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