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gabon

Gabon’s Oil and Gaz unveils post COVID 19 revival plan

"We took this opportunity to talk about the enthusiasm of operators in the sector before the declaration of the Covid-19 pandemic. Indeed, the adoption of the new Petroleum Code aroused...
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Gabon’s Public debt settled in the first half of 2020 stands at CFAF 832.3 billion

As for the external debt, its settlement amounted to 635 billion CFA francs, an increase of 138.5%, and concerned international financial markets, multilateral, commercial and bilateral debt. The Sector Conjuncture...
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Gabon: CFAF 2,688.9 billion in total balance sheet for banks

According to figures from the Directorate-General for the Economy and Fiscal Policy collected from the Association of Professionals of Credit Institutions (Apec), the rate of coverage of loans by deposits...
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Gabon unveils post COVID 19 revival plan for the Tourism sector

"The first axis from this point of view was compliance with barrier measures as part of the implementation of a health protocol within the Ministry of Tourism," said Pascal Houangni...
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Gabon launches 5-year plan for grain production

"We are in the infrastructure phase since there are a number of tenders that are prepared by the project management unit, to build 772 km of agricultural tracks in the...
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Gabon’s Public debt rises by 4000 billion FCFA between 2009 – 2019

“The IMF gives money to the government and people often expect these funds to improve their living conditions. They are wrong because the IMF does not invest to improve living...
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EOG loan 6.25% Net 2019-2024: Gabon pays 7.8 billion FCFA in interest

During the borrowing operation, for the value "EOG 6.25% NET 2019-2024", Gabon had mobilized an envelope of 126 billion francs in the last quarter of 2019, whereas it did not...
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Gabon: BGFIBank Europe rated AA + by Bloomfield Investment Corporation

These commercial actions are also supported by the strengthening of the risk management framework, through the development and regular updating of a risk appetite policy and risk mapping, which have...
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Drug price in Congo: There will be no increase according to AGANOR

This decree marks the entry into force of the Gabonese Conformity Assessment Program (Progec) in its second phase and is materialized by the imposition of a certificate of conformity issued...
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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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