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African Energy Chamber Calls on Investors to Benefit from Extension of the 12th Gabon Licensing Round

In addition to the seismic data, well data is now available for 167 wells within the MegaSurvey area, in order to support the evaluation of the blocks on offer. “Value-added...
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Gabon: “Public investment is not the engine of growth” – IMF

In terms of quality of infrastructure, the efficiency of public investments has halved from the optimal level forecast, compared to a drop of 20% in the world and in sub-Saharan...
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Gabon to reduce Oil production by 23% in 2020

"It must be recognized that, as far as Gabon is concerned today, our production comes from so-called mature fields. This means fields which have shown their full potential and which...
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Gabon facilitates the creation of Enterprises to boost investment

The Digital Investment Counter, according to ANPI-Gabon, is also part of the accompanying measures taken by the government to fight against the spread of Covid-19. The objective is, therefore, to...
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9th ECCAS Extraordinary Session holds in Gabon with groundbreaking reforms

Upon convocation by His Excellency Alain-Claude BILIE-BY-NZE, Minister of State, Minister of Foreign Affairs of the Gabonese Republic, in his capacity as President-in-Office of the Council of Ministers of ECCAS...
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Gabon announces laboratory to accelerate Covid-19 testing

Gabon will commission a new analytical laboratory as part of the fight against Covid-19. Named by President Ali Bongo Ondimba,  after Professor Daniel Gahouma, a “symbol of medical excellence” in...
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About 90.000 tonnes of palm oil to be imported in Cameroon this year, as CS ALID SARL unveils plans to increase local production

Though affected by the Coronavirus crisis, producers of refined vegetable oils and soap in Cameroon are  already  preparing for the post-health crisis. The operators will import 90,000 tonnes of crude...
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CEMAC foreign reserves generated 13 billion FCFA interest in 2019

This represents an increase of 35% compared to those generated at the end of 2018 (9.5 billion FCFA). The reserves of the countries of the Economic and Monetary Community of...
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Effective payment of PIP 2nd quarter 2015 underway in Gabon

The Ministry of Economy and Finance reports on the effectiveness of payment of arrears for the second quarter of 2015 of the Performance Incentive Bonus (PIP) of health personnel. More...
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Gabon records milestone wood export to China

Despite the Covid-19 pandemic in the country, the Minister in charge of Forests attended, on May 19 at the Port of Owendo, the largest load in the history of Gabon...
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Gabon rolls out 407 billion FCFA to stabilize her Economy

Gabon has released 407 billion CFA francs for economic, social and macroeconomic resilience measures, in order to support the impacts linked to the Coronavirus crisis. More than two-thirds of this...
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Gabon’s economic growth rate to slump drastically due to Covid-19

Growth should be around zero in 2020, very far from the 3.8% expected by the government. The coronavirus crisis has gone through this. Highly hoped for in 2020, the increase...
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More than 3000 workers in Gabon put on technical leave

After two weeks of total confinement of Grand Libreville, the impact of Covid-19 on the health of Gabonese companies is alive. 121 companies have resorted to technical unemployment proposed by...
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Gabon eases covid-19 restrictions in Grand Libreville, set new rules

If the peak of the Coronavirus epidemic should be reached between the middle of May and  June, the government has nevertheless eased confinement restrictions  of Grand Libreville, one of the...
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