AGP Executive Report
Last update: 3 hours agoGabon–EU Fisheries: Gabon has ended its 19-year Sustainable Fisheries Partnership Agreement with the European Union, saying the deal no longer served Gabon’s economic interests; the latest protocol (2021–2026) covered tuna purse seiners and other EU vessels, and the government framed the exit as a push for sovereignty and a more balanced, sustainable cooperation model. Offshore Oil Push: As African Energy Week 2026 prepares to host a Gabon-focused panel on deepwater expansion, Gabon is accelerating offshore licensing (about 70% of acreage) and moving MoUs with ExxonMobil and bp toward production sharing contracts, with much of the deepwater basin still unexplored. Congo Basin Research Drive: A new Science Panel for the Congo Basin is launching major research efforts from Brazzaville, aiming to train 1,000 PhDs over the next decade to better protect the forest that stores huge carbon and supports biodiversity under pressure from agriculture, logging, mining and charcoal demand. Water Security Mapping: A continent-wide groundwater mapping effort is building digital maps to show where communities can safely pump water as droughts and heavy rains become more erratic, targeting the hidden aquifers that could ease drinking-water shortages. Mining & Potash Results: Millennial Potash reports strong high-grade drill results at its Banio Potash Project in Gabon, including 220m of potash-bearing rock with thick carnallitite seams, supporting plans for further analysis and upcoming drilling updates.
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