The Gabonese government has decided not to renew its fisheries partnership agreement with the European Union, which expired on 28 June 2026.
This strategic move signals Libreville’s determination to reclaim more authority over its marine resources and to increase the economic benefits flowing from its waters.
Was Gabon shortchanged?
At the heart of Libreville’s grievances is the modest income generated by the accord – roughly 2.6 million euros per year, or about 1.7 billion FCFA. Officials consider this sum far too low when compared with the value of the tuna caught in Gabonese waters.
The government now intends to focus on local tuna processing, aiming to create more jobs, attract industrial investment, and capture greater added value within the country.
A more balanced partnership
This shift is part of a broader strategy for economic sovereignty and the development of a sustainable blue economy.
While dialogue with Brussels remains open, Gabon is making its ambition clear: it wants a partnership that is fairer and more beneficial to its national economy.
More Stories
Mali: thousands of Dogon displaced return home after local deal with JNIM
Akliouche gives his answer to PSG during 2026 World Cup
Camrail claims nearly $1.25 billion injected into Cameroon’s economy since 1999