Gabon has officially concluded its Sustainable Fisheries Partnership Agreement (SFPA) with the European Union (EU), with the pact reaching its scheduled end on June 28, 2026, without a subsequent renewal.
This cooperative accord, first established in 2007, had seen multiple extensions over the years, most recently in 2021. During its last five-year term, the agreement reportedly contributed 17 billion CFA francs to the Gabonese treasury.
The strategic choice not to extend the agreement with the EU originated during the Council of Ministers meeting in June 2025, championed by transitional President Brice Clotaire Oligui Nguema. This marks a significant departure from a nearly two-decade-long partnership in the fisheries sector with the European bloc.
From Libreville’s perspective, the financial returns generated by the agreement were deemed insufficient when weighed against the substantial value of marine resources harvested from Gabonese waters. The government expressed concerns regarding the modest revenue streams the pact provided.
Moving forward, the Gabonese government is committed to prioritizing the domestic processing of tuna. This initiative aims to stimulate job creation, attract industrial investments, and enhance overall economic value within the nation, strengthening the African economy today.
