AGP Executive Report
Last update: 5 hours agoOffshore Oil & Investment: African Energy Week (AEW) 2026 in Cape Town will host a Gabon-focused panel on the “revival and expansion” of deepwater oil, as Gabon pushes offshore licensing across about 70% of acreage and moves to convert ExxonMobil and bp MoUs into production sharing contracts within 3–6 months, with much of the deepwater basin still unexplored. AfCFTA Awareness Gap: Afrobarometer finds only 13% of Africans have heard of AfCFTA, even as support for easier free trade rises to 62%, with Gabon among the higher-awareness countries (26%). US Visa Bond Costs Rise: The US has increased the maximum refundable visa bond to $20,000 for certain B-1/B-2 applicants from 30 African countries, including Gabon, under a permanent programme tied to overstay data. Offshore Gabon Operations: Vaalco Energy says its ETBNM-3 gas-supply well is onstream offshore Gabon with strong reservoir results, and it has started the ETSEM-3PH pilot/development drilling campaign. Trade Logistics in Dubai: SUMEA opened SUMEAWORLD, a nearly 12,000 sqm global trade hub in JAFZA to consolidate sourcing, warehousing and re-export across 75+ countries. Aviation Connectivity: Air Peace launched Lagos–Douala–Libreville scheduled flights, boosting business and tourism links across West and Central Africa.
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