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gabon

FAO mobilizes more than 102 billion FCFA in 2020 to fight hunger in Africa

According to the Resident Representative, all of these projects required an envelope of more than 170 million US dollars, or more than 102 billion FCFA approximately. If this sum was...
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Gabonese authorities lay the groundwork to accelerate Economic Development

"We must make up for this delay in a context of budgetary restrictions, which obliges us to be innovative in the methods of mobilizing financing for our investments, by giving...
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114 million FCFA for phase 2 of Azobe project

Specially dedicated to craftsmen in Gabon, specifically associations, GIEs, cooperatives, federations, confederations and professional orders of craftsmen, this mechanism for financing development projects for the year 2021 has a global...
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BW Energy churns out 1.24 million barrels of oil in 4th semester of 2020

Pending its financial report for the 4th quarter of 2020, BW Energy provided an update on January 18 on the operation and development of the Dussafu Marin permit license, off...
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Gabonese Tax officials unveil fiscal plans to Cameroonian businessmen

"The delegation mandated by the Gabonese state thus seized the opportunity to provide investors, in particular Treasury Securities Specialists (SVTs) and local institutional investors, with the schedule of securities issues...
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BDEAC loans 15 billion FCFA to Gabon to fight coronavirus

This funding was intended, among other things, to equip public hospitals. In addition, the hearing between the president of the BDEAC and Rose Christiane Ossouka mainly aimed to take stock...
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Gabon records consumer price increase in September 2020 – Government report

In addition, the rise in the prices of imported products in line with the 5% increase in the World Food Fund (FAO) index has also contributed to inflationary pressures. “The...
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Publish What You Pay wants greater Government implication as Gabon prepares to rejoin EITI

"Publish What You Pay already expresses the wish that the implementation of the EITI standard once on track, its scope of application will be extended in a second step, to...
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Gabon hopes to increase Petroleum exports

This increase in crude oil exports comes against a backdrop of a resumption of fragile demand, requiring "caution" in the face of uncertainties over global oil demand. It will be...
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Gabon debt rate explodes

After a downward trend over the period 2016-2019, Gabon's debt ratio experienced a resurgence in 2020. According to the latest "Note of analysis on Gabon's debt", Ali Bongo's country recorded...
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Gabon records 8.6% drop in Cement production

"This underperformance results from the negative effects of government measures to combat the spread of the coronavirus pandemic which impacted construction activity during the second quarter," the document said.
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Gabon plans to bring public debts to below 70% of PIB

According to the Ministry of the Economy, after a downward trend over the period 2016-2019, the debt ratio is again on the rise. This "debt strategy aimed at economic recovery...
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Gabon creates a mediation forum to strengthen the business sector

Inaugurated by the Secretary-General of the Ministry of Justice, François Mangari, this structure which promotes alternative dispute resolution methods in business circles, intends to deploy its expertise in commercial and...
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Gabon braces up EITI return

Since last June, Gabon has singularly shown its interest in returning to this institution. A decision that is part of a global desire to have better management of public funds...
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