"LE GABON ENERVANT" OR "ANNOYING GABON"

 

 

English version  This weekend, an article in L'Union provides an assessment of the Gabon Purchasing Centrale (CEAG) and implicitly tells us that, ultimately, everything remains in its infancy. The initial initiatives of the CEAG, launched on April 10th and based on the organization of reduced-price markets, are not yet being called into question. Upcoming dates:  A mega market is planned in the PKs before the end of the month, and another will be held in Makokou on August 30th. You will have understood that we are still at the stage of promises. Direct supply control:  Following a meeting between the Director General of the CEAG, Théophile Boutamba, and the Vice-President of the Government, Hermann Immongault, it was announced that the Centrale will take on a new dimension. Its role will now be to "place orders, import products, and put them on the market." There is therefore already a change of course. Fight against speculation:  The stated objective of this evoluti...

 

English version  Dear readers, the United States has just published the value of its sovereign gold reserves in full transparency. This approach, far from being anecdotal, is rooted in good governance and the management of public affairs. Dear readers, it is entirely legitimate to demand total transparency from one's government regarding national reserves. In political history and the analysis of public finances, the publication of sovereign assets is not merely a matter of citizen curiosity; it is an imperative of good governance. Knowing the extent of foreign exchange reserves, including gold holdings, is essential for evaluating the sustainability of sovereign debt, analyzing the robustness of state budgets, and understanding the guarantees a country possesses when facing international creditors and rating agencies. Demanding accountability on this matter falls under the fundamental right to information regarding the nation's wealth. We know that Gabon possesses gold reserve...

 

 

 

 

 

 

English version  In recent years, Comilog's manganese ore production has broken   historical records, generally sitting between 7 million and 7.5 million tons per year. This volume makes Gabon one of the world's leading producers of high-grade manganese. Based on this annual production range (7 to 7.5 million tons), a volume of 700,000 tons, which CBON has promised to process locally in Gabon, represents approximately 9% to 10% of Eramet's total production in Gabon over a full year. To get a more concrete idea on the ground, Eramet extracts on average just over 600,000 tons of manganese per month. Thus, 700,000 tons roughly corresponds to a little over a month's worth of production. It is therefore a significantly small volume, on the scale of the logistical supply chain in Gabon, that Macron has putatively ceded to CBON. It should also be pointed out that Macron knows a French presidential election is coming up soon and that the far right could win. It is a safe bet th...