"LE GABON ENERVANT" OR "ANNOYING GABON"

    English version   Fitch Ratings recently announced that they were maintaining Gabon's sovereign rating at the mediocre rating of 'CCC' because this rating reflected a high level of perceived risk in the Gabonese economy. These risks are:   1.       Persistent Dependence on Oil Revenues: Fitch highlights Gabon's ongoing reliance on volatile oil revenues, which makes its economy vulnerable to global oil price fluctuations. 2.       Public Finance Management Challenges: The agency points to continued difficulties in managing public finances. 3.       A significant increase in public spending (estimated at 15% in 2024), driven by a rise in the wage bill and a surge in capital investments. 4.       A budget deficit of 2.5% of GDP on a commitment basis in 2024, with expectations of continued deficits in 2025 (2.4%) and 2026 (2.1%). 5.   ...

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      English version   Botswana has 2.4 million inhabitants. Like in Gabon, there is a general lack of adequate and affordable housing in Botswana, particularly in urban areas. This housing shortage is due to a continuous influx of people from rural to urban areas in search of employment and better opportunities, putting immense pressure on existing housing infrastructure.   For many Botswanan families, especially low-income households, the cost of housing (whether to buy, build, or rent) is disproportionately high compared to their earnings. This forces many into informal settlements and shantytowns.   The supply of affordable new housing units has not kept pace with the growing demand, and the government has initiated various housing projects. The most recent is t he Bonno National Housing Program which is an ambitious initiative launched by Botswanan President Duma Boko in April 2025. This program aims to reshape Botswana's socioec...

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      English version   Dear readers, Gabon has announced the free access of people to urban transport, which was implemented as a covid measure, will soon come to an end. With this announcement, Gabon will be a country that provide no free social service to its population, none! This is a shame for such a rich country. A rich country is recognized for the free social service it provides to its population.   As a comparison, for citizens of Dubai (Emirati nationals), their government provides a wide range of significant benefits and services, many of which are free or heavily subsidized. These are designed to ensure a high quality of life and social welfare. Dubai citizens get:   1.       Free access to high-quality public healthcare facilities, including hospitals and clinics. This covers basic medical needs, emergencies, and maternity care. 2.       Free public education from kinderga...