Gabon is one of the member nations of CEMAC, which was created to integrate regional economies and boost trade. While the bloc has successfully established the free movement of capital, a shared currency and a wide range of common regional institutions, a number of the other aspects of the proposed integration have proceeded sluggishly. This...
Unlike many of its regional neighbours, Gabon’s independence from its colonial European government did not result in years of civil conflict. Today, the country stands as one of the most wealthy nations in sub-Saharan Africa, which it largely owes to its robust hydrocarbons reserves. President Ali Bongo Ondimba has served as head of state for...
One of the three key pillars of the Emerging Gabon Strategic Plan is Services Gabon, which addresses the development of a skilled labour force and aims to establish the country as a regional centre for financial services, tertiary education, health and environmentally sustainable development. To this end, efforts are now under way to increase...
An oil-rich equatorial country in West Africa, Gabon’s abundant natural resources have given it one of the highest per capita incomes in Africa, though lower oil revenues has seen growth contract in recent years. Nonetheless, thousands of kilometres of dense jungle rich in minerals and timber, decades of political stability and strong ties...
In accordance with its liberal economic principles, the country is open to foreign investors, and the rights of free enterprise are guaranteed. 1. GENERAL LEGAL ENVIRONMENT A. Constitution & other sources of rules: Gabon has a civil law structure with a hierarchy of legislation – lower laws need to comply with upper laws.
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...
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