AGP Executive Report
Last update: 7 hours agoChina Partnership: Gabon and China upgraded ties during President Brice Oligui Nguema’s state visit on Nov. 6, signing six cooperation memorandums covering mining, geosciences, industrial supply chains and a shared-development framework. Beijing also pledged support for Gabon’s 2026–2030 development plan, as both sides seek more trade and investment and greater value from Gabon’s resources. Port Investment: A.P. Moller Capital’s planned acquisitions of Portek International and a controlling stake in Euroports would add exposure to a network that includes a terminal in Gabon. Both deals await regulatory approval; prices were not disclosed. Oil and Gas: VAALCO Energy completed its Gabon drilling campaign, bringing the ETSEM-3H development well online before releasing the rig in early October. The company reported overall production up about 21% from the previous quarter. Carbon Finance: Gabon’s agreement with Germany’s SEFE covers about six million tonnes of forest carbon credits, with initial delivery expected by early 2027. The government says the credits will be traceable and verified, while the forests remain state-owned.
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