AGP Executive Report
Last update: 8 hours agoBasketball: Gabon opened its 2027 AfroCan qualifying campaign against Cameroon in Douala on October 10. The three-team Zone 4 contest also features Congo, with a place at the tournament in Rwanda at stake. Fuel Costs: The government says fuel-price stabilization cost CFA30 billion in September as supply problems persist. President Brice Clotaire Oligui Nguema has called for a review, but no pump-price increase has been announced. Maritime Security: Gabon has ordered 15 patrol vessels from French shipbuilder Ocea to secure its waters, prompting debate over whether the naval expansion can meet the country’s needs. Regional Currency: Older CFA coins lose legal-tender status across CEMAC, including Gabon, on November 1. Holders will have a one-year exchange period, though the practical arrangements are not yet clear. Oil and Gas: VAALCO has completed offshore drilling in Gabon and is moving into the next phase of its Baobab campaign.
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