• Gabon launches a fresh CFA50 bln bond issue after June’s oversubscribed sale

• Offer structured in two tranches with 2- and 3-year maturities at 5.6% and 6%

• Proceeds to finance priority projects, economic recovery, and public finances

Gabon is back on the Central Africa Stock Exchange (BVMAC) to raise CFA50 billion ($89.1 million). The bond, named “EOG 2025 à tranches multiples 2,” will open on September 15, 2025, and run until December 12, 2025. Subscription period is three months with bond split in two tranches. The first with a two-year maturity at 5.6%, and the second with a three-year maturity at 6%. Each bond is priced at CFA10,000.

The issue is being arranged by Cameroon’s CCA Bourse and Emrald Securities Services Bourse (ESS Bourse), acting as co-leads. ESS Bourse also supported Gabon’s last bond sale in June 2025, which closed at CFA119.91 billion, or 141.07% of the CFA85 billion target. Those funds went toward building the new Administrative City in Libreville.

The government plans to use the new proceeds to finance priority development projects, support economic recovery, and strengthen public finances, in line with its 2025–2027 debt management strategy set out in the 2025 Finance Law.