AGP Executive Report
Last update: 8 hours agoOffshore LNG & Gabon energy: Danish marine tech firm Svanehoj has won its first contract to supply LNG density/temperature (LTD) gauging systems for the LNG Bayelsa-to-FSU Cap Lopez conversion at Drydocks World Dubai, tied to a floating LNG push meant to expand Gabon’s offshore gas capacity and cut flaring. Anti-corruption probe in Gabon: Geneva prosecutors are investigating Sylvia Bongo, alleging she transferred “several million euros” to a Geneva-based bank linked to suspected bribery of foreign officials and misappropriation of public funds. Trade compliance in Gabon: SGS renewed Gabon’s pre-export verification of conformity (PVoC) mandate for a third straight term, marking a decade-long partnership with Gabonese authorities to strengthen import quality and consumer protection. Regional finance watch: BEAC projections point to a 13.1% money supply rise by end-2026 and improving foreign reserves coverage, citing moves including Gabon repatriating funds. Local governance & security: A protest march in Daveyton, Gabon, demanded a stronger police presence and action against alleged illegal miners and foreign-run spaza shops. International business: Cargolux was fined €1.15m over influence peddling linked to its Gabon operations (2010–2015).
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