Nine years after the collapse of PosteBank SA, a subsidiary of La Poste whose 2017 bankruptcy abruptly froze the life savings of thousands, the Gabonese government is finally taking action. In a statement from the Ministry of Communication released on 6 June 2026, Libreville announced the official launch of a large-scale census of affected savers, a necessary first step toward their compensation.
The countdown has begun. From 8 to 11 June 2026, La Poste offices nationwide will open from 8 a.m. to 5 p.m. to welcome defrauded customers. To be included on the lists and claim their rights, those concerned must present a valid identity document along with any supporting evidence of their deposits. The goal of this rapid update is clear: to verify and update the database to prevent fraud and ensure every CFA franc returns to its rightful owner.
A transition promise being fulfilled
This initiative marks a major political turning point. Where the former regime was known for unfulfilled pledges, the authorities of the Fifth Republic reaffirmed in February 2025 their firm commitment to resolving this painful social liability. By putting this matter at the top of the agenda, the current government seeks to restore the broken trust between the state and its citizens.
Over 31 billion CFA francs for individuals
The financial and human stakes are enormous. Official figures show that nearly 60,000 individual savers are directly affected by this historic freeze. To settle this debt, the state has set aside a total envelope of 31.212 billion CFA francs. Repayment will be spread over three years, with one-third of the total amount paid annually. As for businesses, also caught in this bankruptcy, their claims are estimated at 41.154 billion CFA francs. Although their payment schedule remains to be determined, the compensation process is now underway.
