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...
In 2015 Gabon’s tourism sector directly supported 4000 jobs, accounting for 1% of total employment, according to the World Travel & Tourism Council. With the rollout of the National Tourism Strategy (Stratégie Nationale du Tourisme, SNT) 2015-25, authorities expect the tourism sector to create around 20,000 jobs by 2025, an ambitious goal...
Since it was passed in May 2009, the new general tax code has been regularly modified through finance bills to provide a modernised framework, notably complemented by tax and Customs incentives for strategic sectors of activity.
In line with its peers around the continent, Gabon’s telecoms sector is well developed and competitive, with 4G coverage and an overall penetration rate in excess of 100%. The industry is due for a shake-up in the near term, however, with the upcoming acquisition of one of the country’s four mobile operators by a fellow competitor. The merger...
In a bid to diversify Gabon’s economy away from hydrocarbons, the government has been looking to boost the tourism sector as a means to generate foreign currency, create jobs and promote social and economic development across the country. According to the World Travel & Tourism Council, in 2015 the total (direct and indirect) contribution...
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