AGP Executive Report
Last update: 11 hours agoRegional Payments & Trade: BEAC is set to plug into PAPSS, letting Central African states settle cross-border deals in national currencies and cutting reliance on US dollar and Western correspondent banking—promising lower fees (up to $5bn a year) and faster transfers. Gabon EU Fisheries Exit: Gabon has ended its 19-year fisheries partnership with the EU, saying the deal no longer delivers fair returns for tuna access. Gabon Capital Markets Push: Access Bank Cameroon launched “Access Invest,” a digital platform to buy and sell CEMAC government securities, aiming to widen access beyond big institutions. Gabon Offshore Oil Momentum: As Gabon ramps up offshore licensing and moves MoUs with ExxonMobil and bp toward production sharing, the country is positioning for renewed deepwater investment ahead of African Energy Week. Gabon Energy & Dividends: VAALCO reported Q2 2026 results and reiterated growth guidance, with Gabon liftings noted and a third-quarter dividend declared. AfCFTA Awareness Gap (Gabon in focus): An Afrobarometer report finds only 26% of Gabonese respondents have heard of AfCFTA, even as support for freer trade rises across Africa.
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