AGP Executive Report
Last update: 4 hours agoOil and Gas: Equatorial Guinea’s crude output slipped by 2,000 barrels per day to 45,000 in September, even as OPEC production rose sharply. Chevron says its $690 million Aseng offshore gas project remains on track for first gas in 2028, with drilling expected to begin early next year. Currency: From November 1, older CFA franc coins will no longer be legal tender across CEMAC, including Equatorial Guinea. Holders can exchange them through October 31, 2027, so businesses and consumers should prepare for the change. Trade: Indonesia’s embassy in Yaoundé is targeting at least $19.5 million in deals at Trade Expo Indonesia 2026, with 81 delegates from Cameroon and neighboring countries, including Equatorial Guinea. The embassy is also seeking agriculture-focused agreements, particularly on fertilizers.
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