Posts

GABON BORROWS EXPENSIVELY, AND THE BILL IS GROWING! LE GABON EMPRUNTE CHER, ET LA FACTURE S'ALOURDIT!

Image
English version  Officially, the rate is 9.375%. In reality, the $920 million eurobond issued in July pays investors more than 12%. Three months later, Libreville went back to borrow another $580 million. A closer look at debt that is piling up faster. A "success" on display On July 30, 2026, the Ministry of Economy, Finance, Debt and State Holdings proudly announced Gabon's return to international markets: $920 million raised, about 524 billion CFA francs, against an initial target of $750 million. Subscriptions reportedly topped $1 billion. The loan runs for seven years, until 2033, with a 9.375% coupon and a three-year grace period on repaying the principal. On paper, the message is clear: investors trust Gabon. 9.375%… or more than 12%? The headline figure doesn't tell the whole story. According to the World Bank, as quoted in the financial press, the bonds were sold at a steep discount: investors paid only $87.42 for a bond with a face value of $100. As a result,...
Post a Comment
Read more

THE MYTH OF THE RESTORATION: THE DYLAN CASE AND THE PERSISTENCE OF THE STATE OF IMPUNITY IN GABON! LE MYTHE DE LA RESTAURATION : L'AFFAIRE DYLAN ET LA PERSISTANCE DE L'ÉTAT D'IMPUNITÉ AU GABON!

Image
English version  The act of governing rests on a fundamental promise: the guarantee of the physical and legal security of every citizen, regardless of social standing or family name. When that promise is not merely broken but trampled underfoot by the very people who have embodied the highest circles of the State, or who orbit around them, the entire republican edifice begins to shake. The attempted murder of young Dylan at the Sibang stadium is not just another news item. It is a brutal X-ray of the deep dysfunctions that continue to eat away at the Gabonese state apparatus, casting a chilling shadow over the promises of change. Anatomy of premeditated violence The facts, as reported by multiple eyewitnesses and documented by civil society, describe a scene of unspeakable brutality. This was not a tragic accident but a failed execution, carried out with terrifying coldness. Jean Boniface Asselé, a former police general, former minister and a symbol of untouchability in Gabon, alle...
Post a Comment
Read more