AGP Executive Report
Last update: 10 hours agoPublic Finances: Moody’s turned positive on sub-Saharan Africa, citing reforms and stronger commodity prices, but expects Gabon’s debt to rise sharply as spending remains difficult to rein in. Oil & Gas: VAALCO completed its offshore Gabon drilling campaign, bringing the ETSEM-3H well online at about 2,000 barrels a day gross, or 1,140 net to the company. Digital Infrastructure: Vertiv and Cybastion agreed to pursue projects in Gabon and other African markets, combining data-centre expertise with government digitalisation ties. Digital Payments: Airtel plans to launch a Mastercard virtual card in Gabon, letting customers pay international online merchants directly from mobile-money wallets; no rollout date has been announced. Trade: Gabon’s planned January 2027 broiler-chicken import ban is drawing a US challenge at the WTO, testing the government’s push to grow local production and reduce food imports. Skills & Jobs: Gabon has begun a training programme for 400 young people in Libreville, with plans to expand nationwide and link skills development to employment and business creation.
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