
Gabon is experiencing a significant shortage of sardines in its local markets, despite substantial quantities of the popular fish being exported to neighboring countries. On May 30, the Governor of Estuaire, Marie Fran莽oise Dikoumba, visited Cocobeach, a key transit point on the border with Equatorial Guinea. She reminded fishermen and fishmongers about a temporary export ban on sardines, which has been in effect since March 2026. This measure aims to address the scarcity of sardines and ensure adequate supply for Gabonese households. The Governor, accompanied by a delegation from the Ministry of Fisheries, emphasized the importance of sardines as an affordable and quality local fish. Cocobeach's role as a strategic cross-border trade hub is contributing to the local market's sardine shortage, with the Governor noting that nearly all catches are immediately exported. Fishermen explained that the rapid export is a matter of economic survival due to a lack of proper storage facilities and frequent power outages, which prevent them from preserving their catches for long periods. Authorities stressed the importance of adhering to regulations and ensuring that all actors in the sector are legally registered within the national territory. Beyond the temporary export ban, the government plans to better organize the fishing sector by establishing fixed locations for fishermen and fishmongers in the area. This initiative seeks to strengthen control over commercial distribution channel
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by Gabon Review.
Must ReadGabon's public debt reached 8,780 billion FCFA by the end of December 2025, an increase of 1,647 billion FCFA in one year. For the first time, the state owes more to banks within the country and the sub-region than to major foreign creditors. External debt slightly decreased to 4,127.6 billion FCFA, while domestic debt surged by nearly 57% in one year, reaching 4,652.7 billion FCFA. The Directorate General of Debt attributes this increase to two main factors. Firstly, a Task Force on debt officially recognized and validated previously uncounted state debts to companies and suppliers, known as "moratoriums," totaling 758.7 billion FCFA. Secondly, the state borrowed significantly from the regional financial market, raising 2,161.7 billion FCFA in 2025, with over half of this amount coming from banks outside Gabon in neighboring countries. Despite record repayments of 2,565.4 billion FCFA in 2025, including special operations like debt repurchases and Operation MOUELE, payment arrears have accumulated. Operation MOUELE, completed in April 2025, restructured domestic debt repayments, extending the average duration from 2.3 years to 6 years to ease the financial burden. However, payment arrears reached 459.5 billion FCFA, an increase of 193 billion FCFA from the end of 2024. While the state prioritizes repaying major international lenders to maintain confidence, partner countries are owed 155 billion FCFA, foreign suppliers 121.4 billion FCFA, and validated moratorium debts have 1
Must ReadGabon's decision to suspend social media access in February, in response to content deemed dangerous or destabilizing, resulted in a nationwide internet slowdown. This measure, initially aimed at curbing abuses by a few, has penalized all users, including students, researchers, journalists, and entrepreneurs, who face disruptions to videoconferences, delayed transactions, and lost clients. Despite the restrictions, public institutions and administrations continue to use social media for communication, creating a paradox. The economic cost of a degraded internet is significant, leading to decreased productivity for businesses, delayed orders, and lost opportunities. Modern economies rely on efficient communication tools, and a slow internet hinders growth and diversification efforts. The article argues that a country's attractiveness depends on its infrastructure quality, including digital, and reducing internet access sends a concerning signal to investors, especially in a country already facing high electricity costs. It suggests that a more balanced approach, focusing on proportionate and targeted responses, would be more suitable than a measure with indistinct effects, emphasizing that while security and stability are legitimate concerns, judicial mechanisms and technical reinforcement could address infractions without penalizing the entire population. Ultimately, a slow internet could impede Gabon's ambitions to attract investors, stimulate innovation, and develop its dig
Must ReadGabon's Minister of Mines and Geological Resources, Sosth猫ne Nguema Nguema, outlined the government's ambition to transform the mining sector into a key driver of national economic growth. With several deposits moving from exploration to industrial exploitation, authorities aim to leverage Gabon's subsoil wealth for economic diversification, job creation, and increased public revenue. The government hopes the sector's contribution to the GDP will exceed 15% and potentially reach 20% in the future. Currently, the mining sector contributes only 6% to Gabon's GDP. The minister emphasized the transformative potential of this new phase for the Gabonese economy. Expected benefits include the creation of employment opportunities, with the Milingui mine project alone projected to generate approximately 530 direct and 1,000 indirect jobs in its first phase. These new mining projects are intended to stimulate local economies, enhance national skills, and provide professional integration prospects for more Gabonese citizens. This policy is part of Gabon's development strategy for 2030 and builds on decades of prospecting work. Nguema Nguema stated that the goal is for the mining sector to make a significant contribution to the Gabonese economy by 2030, which is expected to reduce unemployment, increase GDP, and improve the lives of Gabonese people. He noted that mineral exploration can take 10 to 20 years, and Gabon is now reaping the benefits of these long-term investments as several s