Gabon Targets $1.5 Billion in International Financing for 2026 Budget
The Gabonese government has announced plans to raise approximately $1.5 billion on international financial markets. This borrowing initiative is a central component of the country's revised 2026 budget, aimed at supporting national development projects and stabilizing fiscal obligations amidst ongoing economic transitions.
Gabon and France Sign Agreement to Boost Local Manganese Processing
During a state visit to France, Gabonese President Brice Oligui Nguema and French officials signed a memorandum of understanding aimed at increasing the local processing of manganese ore. The agreement seeks to enhance Gabon's industrial capacity and value-added production within the mining sector, marking a new chapter in bilateral economic cooperation.
Gabon Ratifies Landmark BBNJ Agreement, Bolstering Global Ocean Protection Efforts
Gabon officially ratified the BBNJ Agreement on September 23, 2025, becoming the 61st state to join the landmark treaty for marine biodiversity conservation. This action, taken during the 80th UN General Assembly, follows the agreement reaching its 60-ratification threshold, paving the way for its entry into force in January 2026.