Gabon Industry

Chapter | Industry & Mining from The Report: Gabon 2016

The mining sector has traditionally been a major currency earner...

An oil-rich equatorial country in West Africa, Gabon’s abundant natural resources have given it one of the highest per capita incomes on the continent, though lower oil revenues has seen growth contract in recent years.

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While West Africa is one of the largest producers of cotton, it has the ability to process less than 2% of the crop locally; around 90% is exported to markets in Asia, where value is added through spinning and weaving.

L’heure est au progrès pour le secteur minier gabonais, avec le développement de nouveaux projets qui s’inscrivent dans le cadre d’une stratégie gouvernementale visant à attirer les investissements étrangers et à contrer le ralentissement enregistré l’année dernière.

 

The markets of West Africa import 1.9m tonnes of palm oil every year, used mainly for cooking, according to a March 2016 report from Lagos-based newspaper Mail&Guardian Africa. The commodity currently fetches around $686 per tonne, and in recent years the price has been relatively stable. Given the substantial demand, Gabon is...

 

As part of the government’s plans to promote value addition under the Industrial Gabon pillar of the Emerging Gabon Strategic Plan, the processing of minerals has seen some key developments. President Ali Bongo Ondimba announced a decision in mid-2016 to ban raw material exports by 2020, suggesting that even minerals would have to undergo some...

 

What is the current state of the manganese industry in Gabon, and what are its prospects?

 

What changes are planned for the mining code?

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