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IT’S JEAN GASPARD’S TURN TO WORRY! AU TOUR DE JEAN GASPARD NTOUTOUME AYI DE S’INQUIETER!

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English version  Former Director of Debt and currently a Member of the National Assembly, Jean Gaspard Ntoutoume Ayi has just made a statement calling for better management of public debt and state expenditures. MP Jean Gaspard Ntoutoume Ayi's intervention is particularly striking because it shifts the debate from the purely political arena to the implacable realm of macroeconomic fundamentals and institutional governance. The assessment made by the MP is based on three major macroeconomic anomalies that threaten the country's financial viability: The trap of unproductive debt:  Resorting to 1,400 billion CFA francs in borrowing in the 2026 amended finance law to balance the budget (rather than to build infrastructure) is an absolute red flag. When a state goes into debt to finance its operations or cover its current deficits, it destroys value instead of creating it. It is the exact opposite of a structural investment. The crowding-out effect of debt service:  The 1,000 ...
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CHINA IS PLAYING ITS CARDS IN AFRICA! LA CHINE JOUE SON VA TOUT EN AFRIQUE !

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    English Version   The People’s Bank of China (PBoC) authorized Standard Bank, Africa’s largest lender by assets, along with the Industrial and Commercial Bank of China (ICBC), to jointly operate as the "Renminbi (RMB) Clearing Bank of Africa."   This creates a dedicated financial corridor enabling businesses across 19 African nations to bypass the US dollar entirely and settle trade directly in Chinese Yuan (Renminbi).   This Matters because for decades, an African company buying machinery from China had to first convert their local currency into US dollars, route the payment through a Western correspondent bank, and then convert those dollars into Yuan. This announcement changes the financial plumbing of the continent:   Direct System Access: It grants African financial institutions direct access to China’s onshore financial system, capital markets, and liquidity infrastructure for the first time.   Cheaper & Faster Tra...
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MOODY’S RATING AGENCY IS PESSIMISTIC ABOUT GABON! L’AGENCE DE NOTATION MOODY’S EST PESSIMISTE À PROPOS DU GABON!

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English version  Moody's has just lowered Gabon's outlook. On June 24, 2026, Moody's affirmed Gabon's long-term foreign and local currency issuer ratings at Caa2. The rating agency changed the outlook from stable to negative. This negative outlook reflects several downside risks for the country: Funding Challenges:  Significant funding needs are projected at 15% to 20% of the gross domestic product (GDP) over the next three years, combined with limited access to financing. Debt Audit Risks:  There are potential increases in government debt following an ongoing public debt audit, which poses the risk that previously unreported liabilities might surface. Default Risks:  These factors heighten the likelihood of the government engaging in further debt exchanges that could be classified as distressed, constituting a default. Banking Exposure:  Banks' exposure to government debt already accounts for about 30% of their total assets, which is nearing exposure limits. Th...
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CBON’S RECORD! LE BILANT DE CBON!

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WELCOME TO THE LAND OF ASYMMETRIC JUSTICE! BIEN VENU AU PAYS DE LA JUSTICE ASSYMETRIQUE!

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THEY ARE FREE AS THE WIND; ONLY BILIÉ BY NZÉ DESERVES PRISON! EUX SONT LIBRES COMME LE VENT; SEUL BILIÉ BY NZÉ MÉRITE LA PRISON!

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English version  The Gabonese and international press is currently talking about Fabrice Andjoua Bongo Ondimba, half-brother of Ali Bongo, due to new revelations regarding the extent of his assets abroad. A recent international investigation, stemming notably from the work of the OCCRP (Organized Crime and Corruption Reporting Project) and the newspaper  Le Monde , has brought to light colossal assets allegedly held in the United Arab Emirates: Financial wealth:  The investigation attributes to him an estimated fortune of 15 million dollars (or approximately 8.6 billion CFA francs). Real estate:  He is reportedly the owner of 43 real estate properties in Dubai. Acquisition period:  What draws the attention of the press is that this fortune was reportedly amassed very quickly, between 2020 and 2023. During this period, he held the highly strategic position of Director General of Budget and Public Finances (DGBFIP) in Gabon. These financial revelations directly ec...
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AN ANALYSIS WITHOUT CONCESSION! UNE ANALYSE SANS CONCESSION!

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