Gabon
World Bank again suspends payments

Gabon
Brice Clotaire Oligui Nguema launches a vast reprofiling of public debt

The transitional president is preparing an exchange of debt securities to postpone this year's financial deadlines. The operation, worth more than FCFA 1,000bn, must be completed before the 12 April presidential election.

Palace Intrigues
Brice Clotaire Oligui Nguema, Guillaume Soro, Alassane Ouattara

Intrigues big and small – every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

Ivory CoastGuillaume Soro's old acquaintances in Gabon

GabonNguema kept in dark about World Bank arrears

SomaliaRabat mediates to keep coach Rachid Loustèque onside

Central Africa
CEMAC leaders still hopeful operators will reach rehabilitation fund deal

The presidents of the sub-region have given oil and mining operators until April to find common ground with the bloc's central bank on the repatriation of their rehabilitation funds. Until then, negotiation talks will be held on a monthly basis.

Central Africa
CEMAC heads of state to discuss Gabon and Congo's debts

Libreville and Brazzaville have strayed from the convergence criteria of the Economic and Monetary Community of Central Africa. The issue will be discussed at an extraordinary summit in Yaoundé next week.

Gabon
Libreville counts on Rothschild bank for help

With Gabon facing a number of debt repayment deadlines in 2025, the government has been using the services of the bank Rothschild. The financial services group handled the recent partial repurchase of Gabon's Eurobonds.

Central Africa
BEAC and extractive industry professionals prolong negotiations on rehabilitation funds

Oil and mining companies operating within CEMAC had undertaken to reach an agreement with the bloc's central bank by 1 January, but are now aiming to do so four months later.

Gabon
Economy minister Mouissi on knife-edge amid soaring debt

The bad news just keeps on coming for the young minister. Two agencies have downgraded Gabon's credit rating, concerned about the level of its debt, and a dispute has arisen over World Bank payments.