AGP Executive Report
Last update: 10 hours agoCredit Outlook: Moody’s expects sub-Saharan Africa to grow 4.3% in 2026 and 2027, but Gabon is among four rated countries with a negative outlook. The agency also expects Gabon’s debt to rise, citing elevated public spending. Oil Production: VAALCO has completed its Gabon drilling campaign and brought the ETSEM-3H well online at about 2,000 barrels a day, adding production at the SE Etame field. Poultry Trade: Gabon’s planned January 2027 ban on broiler chicken imports is facing a US challenge at the WTO, putting food-sovereignty ambitions up against trade rules. Business Finance: Gabon had CEMAC’s highest effective lending rate in the second quarter, at 21.51%, despite the regional average falling to 10.94%. Digital Payments: Airtel plans to bring its Mastercard virtual card to Gabon, letting customers pay online from mobile-money wallets.
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