AGP Executive Report
Last update: 6 hours agoBanking: BGFI Holding, parent of BGFIBank, says its second share-offering phase attracted more than the CFA80.6 billion ($143 million) sought, reversing a weak first round and aiming to lift public ownership to 10%. Ports: A.P. Moller Capital has agreed to buy Portek International from Mitsui, adding a Gabon terminal to its seven-port portfolio; the deal awaits regulatory approvals. Oil: BW Energy reported commercial oil in two Dussafu appraisal wells, with estimated combined recovery of 8–9 million barrels. It has also secured $208 million in lease financing for the Bourdon platform, targeting first oil in 2028. Energy Investment: Gabon is reviewing petroleum-code rules to improve returns and attract deepwater investment. Separately, Aurion Capital has signed an agreement with the government and SEEG for a proposed 150–450MW power programme intended to meet rising demand and support local industry.
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