In Libreville on April 9, 2026, the 10th edition of the Gabonese Energy Market Platform (AEMP) concluded with a focus on the financial sustainability of public utilities and efficient distribution, according to the Gabonese Press Agency. The conference featured a panel discussion led by the African Development Bank’s representative, Ibrahima Konaté, where national energy experts addressed the financial viability challenges of the public energy service in Gabon.
Léandre Bouloubou, the Secretary-General of the Ministry of Universal Access to Water and Energy, acknowledged the state’s responsibility for the current difficulties faced by the Gabonese Electricity and Gas Company (SEEG), particularly regarding unfulfilled investments. However, he emphasized the state’s financial commitment to the company, noting that upcoming reforms are expected to ensure its smooth operation until its separation into two distinct entities—water and electricity—scheduled for January 2027.
Guy — Noël Ondo Ekomie, the head of the SEEG department, emphasized the need for a comprehensive response covering the entire value chain: production, transport, and distribution. He also called for combating fraud, which he said is considered in the National Energy Pact. Additionally, he announced an annual investment project for expanding distribution networks to bring the service closer to consumers.
Regarding pricing, experts agreed that financial sustainability does not involve raising tariffs, which are already considered high, but rather reducing losses and fragmenting the system, which currently represent approximately 75 million FCFA in monthly revenue loss. The African Development Bank reminded that SEEG must be able to offer a financially viable and cost-effective service to attract investors.
Source: Agpgabon
Original author: Redaction
