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gabon

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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Gabon leans towards Biofuel to promote Economic diversification

"Our economy can only be resilient if we diversify the sources of our income," said the Minister of the Economy. "And we have identified biofuel production projects in Gabon, a...
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TOTAL Gabon reaffirms commitment to increase production

“The situation of Total Gabon is strongly marked by the Covid-19 pandemic. The work we have today at Total Gabon, there are two main priorities. The first is to protect...
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Ali Bongo receives ECCAS envoy as Summit draws near

If the key articulations of this high level meeting remain unknown for the moment, the stake will be to take stock of the “historic” reform, adopted last December at an...
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AfDB predicts gloomy economic outcome for Gabon

According to forecasts from the African Development Bank, the health crisis linked to Covid-19 should lead to a slowdown in the process of diversification and industrialization, given the decline in...
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BDEAC allocates 155 billion FCFA to Chad, Congo, Cameroon and Gabon

On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states. The disbursement validated during the Board of Directors meeting...
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