TAG: Economy
Gabon’s economy has reached a critical juncture in 2016, with the drop in global oil prices having increased the need for and urgency of economic diversification, while reducing the availability of public financing to back the transformation. Under the now seven-year-old economic strategy, the Emerging Gabon Strategic Plan, the government has hastened efforts to expand the scope of economic activity, focusing on financial services, tourism and agriculture.
While world trade is in the midst of a turbulent period – with US-China relations continuing to deteriorate, the UK disengaging from the EU, and currencies in emerging markets like Turkey and Argentina in turmoil – many countries are seeking to strengthen or foster new relations with Africa.
On Thursday's (06/09/18) BBC News Briefing, Oxford Business Group's Editor-In-Chief, Oliver Cornock, shares his thoughts on the looming escalation on the US-China Trade War