The AfDB to support Gabon’s economy diversification
The African Development Bank (BAD) Central Africa CEO Marlène Kanga assured last Friday the commitment of the Bank to support Gabon in the diversification of its economy.
SPC to reinforce Gabon’s food covering
The experts from the Cameroonian provender company (SPC) are currently prospecting, for a radical reinforcement of Gabon’s needs in food, especially in meat and milk. (...)
23 billion CFA Francs for the coffee and cocoa sector growth
The Stabilization and prequeration Fund (CAISTAB) revealed its national development strategy for the coffee and cocoa sectors. Strategies elaborated as part of the (...)
The Minister of Higher Education and Scientific
The Minister of Higher Education and Scientific Research visited on February 18th, the headquarters of the Central African Stock Exchange (BVMAC) to visit the training (...)
Assore Limited enters the Gabonese iron market
Very active in the exploitation of iron, manganese and chromium in South Africa, Assore Ltd.has acquired 29.9% of participation in the company IronRidge Resources LTD for the (...)
Gabon Telecom to innovate with ’’on demand TV’’
The mobile operator Gabon telecom, subsidiary of Maroc Telecom decided to set in the near future a package of innovative products in the telecommunication market, such as on (...)
Gabon, Cameroon, and Chad to raise 670 billion CFA francs from BEAC
Gabon, Cameroon, and Chad will raise 670 billion CFA francs of Government securities this year on the central African Bank market (BEAC), said the financial institution. It (...)
Africa to boost its smartphones consuming
Deloitte African network announced in a press release than the number of smartphones available on the market will grow by more than 40% in 2015 with 70 million smartphones to (...)
Gabon 1st in French speaking Africa
Gabon holds the most liberal economy of the CEMAC sub-region, 15th in sub-Saharan Africa and the 104th in the world reported the Index of Economic Freedom 2015 published each (...)
Gabon’s new mining code seeks to attract investors
Gabon’s newly approved mining code, which seeks to attract investors and increase the state’s share in projects in an oft-neglected sector, will take effect in a few days, (...)
European market for okoume plywood still very slow
Despite the consistency in supply, Europe’s market for okoume plywood continues to suffer from weak demand. There were early signs of improving construction and economic (...)
The government sells its share of the CNNII
Following the different problems of management of the National Company of Navigation (CNNII), the government has decided to sell 55% of its share of the company.
Gabon: Economic Developments 2013
Gabon’s economy benefited from the high price of oil: between USD 90 and USD 110 per barrel for Brent in 2012, compared to USD 79 in 2010. In this way it was able to keep (...)
Regional Integration for Africa’s Structural Transformation
Africa needs accelerated growth and “structural transformation” in order to take the bulk of its population out of poverty.