Category Archives: Gabon News

Gabon News

Wärtsilä signs Concession Agreement to develop, supply, construct, operate and maintain major 120 MW power plant project in Gabon

The technology group Wärtsilä and Gabon Power Company (GPC), the subsidiary of the Sovereign Fund of the Gabonese Republic (FGIS) dedicated to energy and water, have on 22 September 2021 signed a Concession Agreement with the Government of Gabon for the development, supply, construction, operation and maintenance of a 120 MW gas power plant. Wärtsilä, […]

African Countries Must Develop Strategic Fiscal Policies to Survive Oil and Gas Industry Changes on Horizon

NJ Ayuk

The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there has been even more conjecture on this topic and, in particular, the most likely timing for “peak oil,” when crude production reaches its maximum rate before going into permanent decline. Predictions […]

Bechtel completes 10-year partnership supporting Gabon’s roadmap to prosperity

Huge investment in education including new schools and universities

The infrastructure plan developed and delivered will transform lives, livelihoods, and the economy Bechtel has completed its decade-long master planning and construction partnership with the Government of Gabon, together creating a roadmap to prosperity and building key sustainable infrastructure projects that will transform people’s lives and enhance the economy. In 2020, hundreds of thousands more […]

Sidney and Bernice Clyman – African Art collection

There are many ways to collect ancient and historical pieces of art. One of the most famous ways to collect art pieces and show off your wealth is to go to an auction house. Auction houses not only have the most unique collection of items but it is also a place where an individual can […]

The African Energy Chamber is set to release its African Energy Outlook for 2020

Aerial Top View Tanker Ship Park In Sea .

What is the African Energy Outlook 2020? A comprehensive overview of the oil and gas sector across sub-Saharan Africa, with a focus on the strategic, operational and investment trends in the industry. Key insights Strategic: The low oil price environment is forcing African producers to sharpen their competitive edge. Several governments, including Angola, Gabon, and […]

Africa Oil & Power: Home of oil and gas licensing rounds

Africa Oil Power

Gabon, Equatorial Guinea and Senegal will continue to showcase their hydrocarbon potential at the 2019 Africa Oil & Power conference and exhibition. Senegal and South Sudan will launch their next oil and gas licensing round at AOP 2019. Senegalese President, H.E Macky Sall, will be honoured as Africa Oil Man of the Year by Africa […]

Improved housing doubles in Sub-Saharan Africa

A new study led by the London School of Hygiene & Tropical Medicine, Imperial College London and Malaria Atlas Project, University of Oxford has revealed that improved housing had doubled on the African continent between 2000 and 2015. The study published in the “Nature International Journal of Science” is the first accurate estimate of urban […]

Experts Review Guidelines for National African Continental Free Trade Agreement (AfCFTA) Implementation Plans

Experts will review current production and trade within a national and regional context Experts from the Economic Commission for Africa’s (ECA), African Trade Policy Centre (ATPC) are meeting in Libreville, Gabon today to review the guidelines for preparing national AfCFTA implementation strategies. Experts will review current production and trade within a national and regional context; […]

10 developments that will shape Africa’s energy sector in 2019

MENA NEW ENERGY 2019, DUBAI, UAE. MENA Renewable Energy Project Pipeline. Wind, solar, energy storage conference and exhibition

This year will be key for the advancement of new exploration and production development projects from West to East Africa After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019. However, the new […]

Five roots to Central Africa’s industrialization

Image: United Nation macro region of Central Africa. Date: 24 August 2012. Author: Sannita

Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s, the subsequent oil glut and nose-dive of commodity prices have left a bitter taste of over-dependence on oil and other extractive industries in the mouths of many people in […]

8 hybrid solar power plants will be built in Gabon, which will reduce production costs by 30%

ENGIE to build 8 hybrid solar power plants in Gabon

ENGIE signed an agreement with the Gabonese financial institution Caisse des Dépôts et Consignations to open eight hybrid solar power stations with a total capacity of 2.2 MW. The project will save the country 1 million litres of fuel oil per year, or 2,600 tonnes of CO2, and reduce generation costs by 30%. This project was […]

IMF – Gabon

The EFF-supported program will help Gabon restore macroeconomic stability and lay the foundation for inclusive growth. Completion of the first review would enable a second program disbursement of SDR71.43 (about US$98.8 million). Gabon’s near-term economic outlook remains difficult, with growth expected at about 0.8 percent in 2017, but there are signs that the economy is […]

The United Nations Convention on Transparency in Treaty-based Investor-State Arbitration enters into force today

 The United Nations Convention in Transparency in Treaty-based Investor-State Arbitration (“The Mauritius Convention on Transparency”) will enter into force today, 18 October 2017. The Convention has to date been ratified by Canada, Mauritius and Switzerland. None of the ratifying States made reservations and, as a result, the Transparency Rules are now part of the investor-State […]

Several billions of US dollars in investments announced during the Morocco – Gabon 2017 Forum

Two delegations of Moroccan businessmen are expected in Gabon within the next few weeks The Morocco – Gabon Forum which has just ended in Rabat was the occasion for the Moroccan companies and investors to announce their intention to invest several billions of US dollars in Gabon in the sectors of Infrastructures, the numerical Economy, […]

Morocco-Gabon Forum 2017: Towards a South-South cooperation model

On the 14th and 15th of September, in Rabat, Morocco, Moroccan and Gabonese economic players are attending the Morocco-Gabon Forum 2017 whose main purpose is to contribute to the consolidation of economic and trade exchanges between Libreville and Rabat. Gabon shared its desire to see Morocco become a special business partner and establish their relationships […]

Gabon: stop clamping down the opposition

The serious post-electoral crisis following the 2016 presidential elections in Gabon is fuelling instability, say MEPs. They condemn the pressure and intimidation of the opposition in the country as its role is fundamental in a democratic society. MEPs urge the Gabonese authorities to immediately overturn their decision “denying the right to leave the country to […]

IMF Staff Initiates Discussions with Gabon toward a Possible Financial Arrangement

An IMF team headed by Alex Segura-Ubiergo visited Libreville from February 14-28 to initiate discussions toward a possible financial arrangement under the Extended Fund Facility (EFF) Gabon’s medium-term economic prospects remain strong thanks to recent efforts to diversify the economy and attract investment in strategic sectors. Staff encouraged the authorities to continue to pursue this […]

The Forum on Developing the Central African Financial Market (FODEMAF) will be held in Equatorial Guinea on 24- 25 February 2016

The Forum on Developing the Central African Financial Market (FODEMAF) will be held in Equatorial Guinea on 24- 25 February 2016. A key purpose of the Forum on Developing the Central African Financial Market (FODEMAF) is to share the results of the study on the potential of the regional financial market conducted by the firm […]

Gabon selects Gemalto for fully integrated border and visa system

The visa management system simplifies and speeds the issuance of visas, e-Visas and resident’s permits Gemalto (Euronext NL0000400653 GTO) (, the world leader in digital security, has been selected as end-to-end solution provider by Gabon’s Department of Homeland Security DGDI* to supply and implement a fully integrated border and visa management system ( The new […]

The Republic of Congo, Gabon and Madagascar sign the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration

During the 2015 Treaty Event, “Seventy Years of Multilateral Treaty Making at the United Nations,” held at United Nations Headquarters in New York (28 September – 1 October 2015), Gabon, the Republic of Congo and Madagascar signed the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration (the “Mauritius Convention on Transparency”), respectively on 29, […]

Government Officials from Central and Southern Africa Promote Good Practice in Preventing Tax Fraud

The AFRITACs Central and South organized on September 28-October 2 an interregional seminar, in collaboration with the Africa Training Institute. The event organized at the institute’s headquarters in Mauritius brought together senior officials and experts in tax and customs from Burundi, Cameroon, Central African Republic, Chad, Comoros, Gabon, Equatorial Guinea, Madagascar, Mauritius, the Democratic Republic […]

Retail potential on African continent confirmed

– AT Kearney’s 2nd African Retail Development Index reconfirmed the continent’s retail potential – Gabon (#1), Botswana (#2) and Angola (#3) in particular provide retailers with diverse options for retail expansion – Nigeria drops from #2 to #4 it is still a market to consider, while Tanzania leads the pack in East Africa JOHANNESBURG, South-Africa, […]