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gabon

SGTP gets a renewed Licence to exploit mines

Last February, faced with the fears expressed by officials and employees of SGTP Mines who feared to suffer a long period of unemployment without pay, the Director General of Mines...
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Gabon envisages a 3.4% increase in Electricity supply by 2026

The document states that the hydropower sector is expected to dominate the market in Gabon. In 2018, the country produced 1,103.5 GWh of electricity from hydropower plants. However, the country...
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SCG-Re envisages stronghold in the Central African Sub-region

Through this deployment, the Gabonese reinsurer is banking on its regional proximity to strengthen its presence in Central Africa. The objective, according to its managing director, is to perpetuate the...
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BEAC to unveil new banknotes

It was at the end of the ordinary session of the Ministerial Committee of the Central African Monetary Union (Umac), held on October 2, 2019, at the headquarters of the...
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African Oil Ministers map out a strategy for the sector

From the opening of the proceedings, the current president of APPO "called on the African oil-producing countries to a common and united effort to find solutions to the multiple challenges...
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CAISTAB holds crucial Board meeting, takes decisive resolutions

"As for the coffee-cocoa business, we have to resolve the problems of product leakage to Cameroon," the Director General of Caistab told L’Union on March 10. "And therefore, we will...
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Gabon reviews ambitions for Housing scheme

The government is also considering a minimum readjustment of the initial design of the “Bais des Rois” project, delimited in a 40-hectare area supposed to accommodate a 200-berth marina, 205,000...
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Vaalco completes the acquisition of Sasol’s stake in Etame Marin

Under the terms of the agreement, a conditional payment of $ 5 million will be payable to Sasol by Vaalco if the price of Brent oil is on average above...
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Gabon seals deal with CICMHZ for Manganese production

While ensuring to comply with the vision of the President of the Republic who advocates “win-win” agreements, including in the mining sector, an updated agreement was signed this Friday, February...
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Gabon rolls out plans to create a Gold reserve

"As such, said draft ordinance specifies the constituent elements of the strategic gold reserve, as well as the operating and control framework; the latter being provided by the Parliament, in...
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Gabon obtains 43 billion FCFA from UNESCO for five projects

As part of the strengthening of its partnership with Gabon, the United Nations Educational, Scientific and Cultural Organization has allocated an envelope of nearly 43 million CFA francs to the...
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Gabon outlines reforms to boost Employment

Madeleine Berre assures us that "this strategy also includes a training strategy, of capacity building within our training centers and we are also concerned to strengthen the training of young...
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Gabon behind in the Energy, Transport and ICT segments

“This new tool will help developing countries improve their development policies and reduce poverty. It will also strengthen their economic resilience in the face of shocks such as that of...
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Gabon and European Union reach Fishing Accord

Through this new generation instrument in the field of sustainable fishing, Gabon authorizes the access of EU vessels to its waters for a period of five years, as part of...
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