Gabon Denies $5.5 Billion Fundraising Deal with Fintech Firm Yunus S.A.

• Government refutes claims of designating Yunus S.A. to raise funds for the National Transition Development Plan
• Gabon faces challenges securing financing amid political transition and economic uncertainties

Yaoundé, Cameroon – The government of Gabon has officially denied reports that it had engaged financial technology firm Yunus S.A., a subsidiary of UK-based VYZYO, to raise 3,280 billion francs CFA (about $5.5 billion) for the country’s National Transition Development Plan (PNDT).