AGP Executive Report
Last update: 10 hours agoDigital Connectivity for Oil Assets: BW Offshore signed a five-year framework with Tampnet to standardise high-capacity communications across its FPSO fleet, enabling real-time data analysis and cloud-based offshore operations. Gabon Public Finance: Gabon’s audited public debt stock was revised down to 9,524.643bn CFA francs, bringing the debt ratio to 68.91% of GDP—below the CEMAC 70% ceiling. US Embassy Checks Potash Progress: US diplomats visited Millennial Potash’s Banio Potash Project, reviewing drilling and infrastructure ahead of the Definitive Feasibility Study, supported by US$3m from the DFC. Aviation Costs Pressure: IATA warned Africa’s airline operating costs are about double the global average, urging governments to cut costs, fix infrastructure and expand connectivity. Gabon AfCFTA Push: Gabon’s commerce ministry updated its AfCFTA national roadmap with UN ECA support to help SMEs and young entrepreneurs expand intra-African trade. Regional Finance Outlook: BEAC governor Yvon Sana Bangui met the IMF to revive CEMAC’s suspended regional assurances review, targeting completion in December 2026. Microfinance Expansion in CEMAC: Bamboo EMF plans to raise CFAF 5bn via a bond issue and expand lending and payments services, including a Cameroon branch by June 2027. Fintech Growth Signal: Optasia reported 58% H1 revenue growth to $185.3m, driven by mobile and financial services, with new deployments including Gabon.
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