AGP Executive Report
Last update: 6 hours ago2027 Budget: Congo’s draft budget forecasts 6.9% growth, driven by oil production of 112 million barrels and activity beyond the oil sector. The bill also projects public debt falling from 88.6% to 80.9% of GDP and now goes to Parliament. Credit Outlook: Moody’s has given the Republic of Congo a positive outlook, citing regional reforms and stronger commodity prices—but this is not a credit-rating upgrade, and debt risks remain. Currency: Five older CFA franc coin series lose legal-tender status across CEMAC on November 1; holders will have a year to exchange them, though locations and procedures are still to be announced. Pointe-Noire Port: Concrete work is complete on a new 750-metre quay designed for the world’s largest container ships. Equipment and utilities must be installed before it opens. Public Health: A UN report warns that trafficking in counterfeit, unapproved and diverted medicines threatens Central Africa; authorities seized at least 251 tonnes across six CEMAC countries from 2020 to 2025. Biodiversity Funding: Congo has launched a project to develop a financing plan for its 2025–2030 biodiversity strategy, with UNDP and Global Environment Facility support.
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