AGP Executive Report
Last update: 5 hours agoOffshore Energy: BW Energy secured $208 million to finance the Akoum platform for Gabon’s Bourdon field and extended its $250 million credit facility by 18 months. First oil is targeted for early 2028. Power Supply: Gabon, SEEG and Aurion Capital signed an agreement for a gas-fired power programme in Greater Libreville, with planned capacity of 150–450 MW and financing expected to exceed $1 billion, without state funding. Digital Networks: Airtel Gabon and ZTE deployed a system designed to boost network capacity and efficiency while preparing for 5G. On the Court: Gabon’s basketball team qualified for the 2027 AfroCan after beating Cameroon and Congo in regional qualifiers. Currency Changes: Five older CFA franc coin series lose legal tender status across CEMAC on November 1; holders can exchange them until October 31, 2027. Oil Output: OPEC reported Gabon’s crude production fell by 11,000 barrels a day in September, to 207,000.
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