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Gabon raises $1.5bn in bonds. Can it afford the interest?

Taxi bus Libreville, Gabon. Photo @ Unsplash
Taxi bus Libreville, Gabon. Photo @ Unsplash

Brandon Orion Mensah

Brandon Mensah tracks Africa’s markets, uncovering the forces shaping investment, policy, and financial trends.
  • Gabon’s $580mn Eurobond completes $1.5bn borrowing programme.
  • Debt interest costs could surge 37% in 2027 as Gabon plans another $2bn borrowing.

 

LIBREVILLE, GABON – Gabon has raised $580mn from international investors, completing its $1.5bn foreign borrowing programme for 2026 despite mounting concerns over its ability to service debt.

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