Posts

Africa Sits on Energy, Yet Lives in the Dark! L'Afrique assise sur l'énergie, mais plongée dans le noir!

Image
English version  Oil, gas, sunshine, rivers: Africa lacks none of the world's energy sources. Yet the 2025 global production figures tell a different story. The entire continent accounts for 7.6% of world oil output, while the United States alone produces 20%. For gas, it is 5.7% against 25.4%. And the gap becomes dizzying when we look at the energies of tomorrow: 1.2% of global wind power, 1.2% of solar, 0.4% of nuclear. China alone produces 40% of the planet's solar power. A Gap Measured in Human Lives Behind these percentages are families. Sub-Saharan Africa accounted for 86% of the global electricity access deficit in 2024, with 563 million people still living without power, according to the latest SDG 7 tracking report. Worse, the problem is not shrinking: between 2022 and 2024, the region recorded an average of 42 million new connections a year, while its population grew by roughly 38 million a year. In other words, we are running just to stand still. Central Africa, our ...

HOW CAN MBORANTSUO BE INTERVIEWED WITHOUT ASKING HER A SINGLE QUESTION ABOUT THE LOST ISLANDS CASE? COMMENT PEUT-ON INTERVIEWER MBORANTSUO SANS LUI POSER UNE SEULE QUESTION SUR L’AFFAIRE DES ÎLES PERDUES ?

Image
English version  While watching this one-hour broadcast entitled "Mémoire d'une Nation" (aired in mid-October 2026 on Gabon Première), the total absence of any reference to the Mbanié, Conga, and Cocotiers islands dispute is one of the greatest paradoxes of this interview. Yet, Marie-Madeleine Mborantsuo was the leading figure (as the representative and co-agent of Gabon) defending Gabonese sovereignty over these territories before the International Court of Justice (ICJ) in The Hague. What explains why the journalist, Christian Kombila, completely evaded the subject? A very recent national and personal setback (May 2025)  The ICJ verdict, delivered in May 2025, was a crushing blow for Gabon: the Court ruled in favor of Equatorial Guinea. It deemed that the famous 1974 "Bata Convention," the document upon which Mborantsuo and the Gabonese state based their entire legal argument, had no legal validity. Bringing up this issue would amount to questioning Mrs. Mbora...

Eurobond: Gabon Borrows Again! Eurobond : le Gabon emprunte encore!

Image
English version  Less than three months after raising $920 million, Gabon is back on the international market for another $580 million. That makes $1.5 billion borrowed abroad in a single quarter. The race toward debt is gathering pace, and the question is no longer whether the state can borrow, but what it does with the money. Two eurobonds in one quarter On July 30, 2026, Libreville raised $920 million, about CFA 524 billion, over seven years. The coupon is 9.375%, with a three-year grace period. With demand topping $1 billion, the state raised the issue above the $750 million it initially sought. This time, it is $580 million, about CFA 340 billion, over eight years, with BofA Securities as lead manager. The amount is no coincidence: the supplementary budget law authorizes up to $1.5 billion in external borrowing. After July, exactly $580 million remained in that envelope. The state has now used it up. Issue Amount Maturity Coupon October 2026 $580M (≈ CFA 340bn) 8 years not yet...