AGP Executive Report
Last update: 3 hours agoCEMAC Lending Watch: BEAC data show Cameroon stayed the biggest credit market in CEMAC in Q1 2026, but lending slowed and borrowing got pricier—commercial banks still drove over 99% of loans while average lending rates in the region rose to 12.38% (from 9.96% a year earlier), with Gabon hit hardest at 21.51%. Power & Investment: World Bank and AfDB’s Mission 300 says it has connected over 50 million people to electricity across 40 African countries in two years, nearly doubling the rollout pace, with 4.5 million Nigerians and 7.5 million Tanzanians among the beneficiaries. Gabon in the Mix: Mission 300’s momentum is matched by Gabon-linked financing—Record Resources also flagged continued focus on its offshore Gabon oil and gas work, while EU grants worth over CFA37bn in Cameroon include a digital boost that also covers Gabon. Regional Connectivity: Air Peace announced new scheduled routes from Lagos to Douala, Libreville, Bamako and Conakry starting August 1, aiming to deepen trade and tourism links across West and Central Africa. Cost of Borrowing Pressure: A separate BEAC read highlights the broader squeeze on households, businesses and public institutions as financing costs climb across CEMAC.
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