With almost 14m ha of exploitable rainforest, 400 species of wood and one of the lowest levels of deforestation in the world, tropical rainforests are some of Gabon’s most abundant and promising resources. The forestry industry has traditionally been focused on raw timber exports, with over 60% of production going directly to markets in Europe and...
Since 1953, when oil was first discovered near Port-Gentil, Gabon’s economy has been dominated by the petroleum industry. According to the BP “Statistical Review of World Energy 2012”, Gabon is the sixth-largest crude oil producer in sub-Saharan Africa and has the region’s fourth-largest proven reserves.
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