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gabon

Gabon: Manganese production expected to fall by 1.8% in 2020

It is expected to reach 7.2 million tonnes in 2020, down 1.8% from 2019. This contraction is explained by the effects of Covid-19, characterized by a slowdown in global demand....
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“EStartup Challenge”: Gabon and the World Bank put into play CFAF 300 million

The organizers are announcing an envelope of 300 million FCFA to be shared between the 10 different winners of this competition, one of the main objectives of which is "to...
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COVID 19 response in Gabon affects Economic growth – UNDP

"These mitigation measures have made it possible to lessen the negative effects of Covid-19 on household well-being and on economic growth and have complemented those taken at the end of...
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Gabon hinges Economic revival on PPP and investments

However, for the stimulus program to produce its effects, the government must ensure professional training and education, so that job creation benefits Gabonese; the development of small and medium-sized enterprises...
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Gabon: Debt could reach 74.7% of GDP in 2020, according to IMF

The report also points out that this rate exceeds the convergence threshold of 70% of GDP in force in the Cemac zone, the Economic Community of Central African States (Cameroon,...
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Gabon seeks ways to make the wood sector productive

The minister is on tour in Ogooué-Lolo and Ogooué Ivindo, as part of a mission to control and monitor forestry and wildlife activities. In addition to the inauguration of the...
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Moroccan group Walili unveils investment plans in Gabon

The CEO of the Walili group, Amine Nokta, presented the 30-year-old group, which was involved in real estate from the start. "We have several other subsidiaries, be it food, health...
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COVID- triggers job losses in Gabon’s tourism sector

"The objective of this seminar is to take stock of all the concerns of the tourism sector and to see with the different entities what are the appropriate solutions to...
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Gabon: Preliminary draft of the Investment Code under review before its presentation to the Council of Ministers

"The present draft Investment Code, submitted for our examination and validation, has the main ambition to restore the confidence of national and foreign investors and to guarantee the conditions to...
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Gabon strengthens Audit of Public Finance through NVAA

Supported by Denise Mekam'ne, Minister of State for Relations with Constitutional Institutions and Independent Administrative Authorities, the project to create the National Authority for Verification and Audit "stems from a...
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Gabon Oil: Maurel &Prom sees red in the first half of 2020

The Group's consolidated sales amounted to 142 million dollars in the first half of 2020, down 38% compared to the same period in 2019. The Group's production in M&P share...
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Cameroon and Gabon in search of 42 billion FCFA in the BEAC market

As was already the case on August 5, 2020, the Cameroonian Treasury has entered the money market on August 12 with Gabon, also trying to raise 12 billion FCFA, through...
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Gabon’s South Tchibala 2H Oil wells out of service

According to the tanker, at the time of the shutdown, the well was producing roughly BOPD gross or 225 BOPD NRI at Vaalco before ceasing production. "It may not be...
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ECCAS States hail revised Treaty, unveil Commissions

President Bongo called on leaders of the sub region to be gladdened by the consensual spirit that prevailed in the choice of members of the Commission. He added that “the...
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