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Gabon returns to market with $89mn bond issue

A civilian on the street of Libreville, Gabon. Photo @ Unsplash
A civilian on the street of Libreville, Gabon. Photo @ Unsplash

Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Libreville seeks fresh funds to finance projects, support recovery
  • Debt ratio at 54% of GDP leaves space for further borrowing

 

LIBREVILLE, GABON – Gabon is tapping the Central African Stock Exchange (BVMAC) once again with a fresh 50 billion CFA franc ($89.1 million) bond issue to help fund development projects and bolster public finances.

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