The African Street Journal Gabon
About
Business

Gabon minister asks BEAC to ease property loan rules

Housing Minister Mays Mouissi met BEAC Governor Yvon Sana Bangui to discuss high interest rates and access to credit.

Gabon's Housing Minister Mays Mouissi met with the governor of the Bank of Central African States (BEAC), Yvon Sana Bangui, in Libreville on October 30, 2026. They discussed ways to make it easier for Gabonese households to get loans for buying property. The minister specifically raised concerns about the high interest rates charged by banks and difficulties in accessing financial information for loan applicants.

Governor Yvon Sana Bangui explained how the structure of bank deposits influences interest rates and the cost of credit in the region. The two officials agreed on the need to further explore options for making property loans more accessible. They considered measures to better regulate interest rates, which could improve borrowing conditions for families.

This meeting, held during the Open House for Housing event in Libreville from October 29 to 31, 2026, aims to support housing development by addressing financial barriers. The ministry is working with financial sector players to find solutions tailored to household budgets and facilitate property ownership.

Why it mattersGabonese citizens seeking to buy homes face difficulties due to high interest rates and access to credit, as discussed by the housing minister and the central bank governor.