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BE CAREFUL, A MEMORANDUM OF UNDERSTANDING IS NOT A CONTRACT ! ATTENTION, UN PROTOCOL D’ACCORD N’EST PAS UN CONTRAT !

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English version  Contrary to the glowing announcements published in the Gabonese press, it is a Memorandum of Understanding (MoU) that was just concluded in mid-June 2026 between the French group LVMH and Agadev. This MoU focuses on securing the French group's supply of Gabonese forestry products and resources. A Memorandum of Understanding is a preparatory document that formalizes the intentions of several parties to collaborate. A contract, on the other hand, is a definitive agreement that creates legally binding obligations. The fundamental difference lies in the level of commitment and legal force. Although the exact financial terms and targeted volumes have not yet been made public, this MoU centers around the traceability and valorization of raw materials. For LVMH As the world leader in luxury, the primary objective is to secure its supply chains with sustainable materials. By partnering directly with Gabon, LVMH seeks to ensure that the forest resources it uses are traceabl...

COMPULSORY VOTING: FOR OR AGAINST? LE VOTE OBLIGATOIRE: POUR OU CONTRE?

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IS THIS PROJECT VIABLE? CE PROJET EST-IL VIABLE?

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English version  The project discussed in this interview is the construction of the Mayumba deep-water port in the Nyanga province, in southern Gabon. In this interview, Armand Juldas Mbadinga, Strategic Advisor to the Director General of OPRAG, explains that this project has been resized to become a multi-purpose port that will notably integrate large logistical and oil storage capacities (hydrocarbons and gas) to meet industry needs. From a strategic and economic standpoint, it is undeniably a very good idea, as the Gabonese oil industry currently stores a large part of its production offshore on old vessels. This is extremely expensive in terms of logistics and exposes the country to the growing risks of piracy in the Gulf of Guinea. Having secure onshore storage terminals in Mayumba would solve this problem. Nyanga is a rich province but has been historically marginalized when it comes to infrastructure. Such a hub would create a local economic boom, generating thousands of dir...

ÉCHOS DU NORD

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THE SMOKESCREENS KINGDOM! LE ROYAUME DE L’ENFUMAGE!

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English version  The Building Construction Company affair is yet another example that perfectly illustrates the sense of smoke and mirrors perceived by many compatriots in the face of CBON's actions. This scandal highlights a glaring contradiction between the official discourse on financial transparency and the reality of public procurement execution. Here are the major red flags raised by this affair: The anomaly of no-bid contracts:  The awarding of contracts worth over 53.6 billion FCFA (in addition to the Tour H construction site) to a single provider, without any competitive bidding process, goes against the elementary rules of good governance. This directly contradicts the accountability rhetoric recently touted before Congress. The profile of a ghost company:  Entrusting state infrastructure of this magnitude to a company (Building Construction Company - BCC) that has no verifiable history, no references within the CEMAC zone, and no known public shareholding, is a...