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gabon

Gabon submits to the terms of EITI and IMF, Gains Reintegration

In response to international demands, Gabon is undertaking an unprecedented approach to transparency in the management of its extractive resources. The country is committed to making public contracts and permits...
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Gabon Extractive Industry records 4.5% drop in Q1 of 2024

After three months of activity in 2024, according to the latest Sectoral Economic Outlook Note from the Ministry of the Economy, the consolidated production of extractive activities recorded a decrease...
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Gabon Oil Company Acquires Assala Energy in Strategic move

Gabon is taking a decisive step in controlling its energy resources with the finalization of the acquisition of Assala Energy by the Gabon Oil Company (GOC), according to an announcement...
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Second Gabon -UK Trade and Investment Forum opens in Libreville

Since June 20, the Hôtel de la Sablière in Libreville has hosted the second edition of the UK-Gabon Trade and Investment Forum. A major event bringing together British investors and...
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IMF says Gabon’s debt at 70% of GDP

Faced with the outcry caused by Gabon’s debt figures (70% of GDP) contained in the recent report produced by the international financial institution, the Resident Representative of the International Monetary...
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IMF bemoans low income of Gabonese Citizens

The Resident Representative of the International Monetary Fund (IMF), Gomez Agou, spoke on Monday, June 10, on issues relating to the Report of the IMF’s Article IV consultation with Gabon....
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Owendo Port Container Terminal gets Seven new Hi-tech Gandries

Departing from Abu Dhabi’s Khalifa port last April, the two quay gantry cranes (STS) and five park gantry cranes (RTG) were received on June 3 at the port of Owendo....
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More than 730 billion FCFA mobilized at the Gabon – France Economic Forum

At the end of the first Gabon-France economic forum held on Wednesday 29, which saw the participation of nearly 600 business leaders from both countries, the Gabonese side managed to...
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Gabon Takes Steps to Enhance Control Over Forest Product Export: Ministry Launches Training Workshop

In order to improve the effectiveness of controls on wood production and the export of processed forest products, the Ministry of Water and Forests launched this Monday, April 15, a...
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Diamond Trade: SEM obtains its first Kimberley Process certificate

Designated the first Gabonese diamond trading post, the Société Équatoriale des Mines (SEM) obtained its first Kimberley Process certificate on March 25. The first issued by the Gabon section of...
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Gabonese Industries laydown roadmap for Growth

This Thursday, March 21, the Forum on the financing of Gabonese industries opened in Libreville. Work planned over two days that François Mbongo Rafemo Bourdette, responsible minister, wants to be...
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The National Social Fund of Gabon in crisis, Government promises remedy

A welfare and social security organization in poor condition, the National Social Security Fund (CNSS) requires “systemic reform” as recommended in the report of the task force in charge of...
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Major Funding Support Announced for Central Africa’s Priority Projects at Upcoming Paris Roundtable

In a significant development, the French Development Agency (AFD) and the European Investment Bank (EIB) have given their preliminary approval to back the upcoming Paris Roundtable. This event, organized by...
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Gabon’s Military Seizes Power, Appoints New Leader Amid Political Turmoil

In a surprising turn of events, Gabon has been thrust into political chaos as the military assumes control of the nation. Following the detention of President Ali Bongo and the...
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