"LE GABON ENERVANT" OR "ANNOYING GABON"

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...

 

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...

 

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...