Given the difficult global economic climate, how will African economies fare in 2012 and 2013?
Given the difficult global economic climate, how will African economies fare in 2012 and 2013?
Faced with stagnating oil reserves, Gabon’s long-term economic growth depends on the successful diversification of the economy. Barring any major new discoveries, Gabon’s oil output is forecast to fall significantly over the course of the next 20 years, exerting pressure on a government that currently depends on oil revenues for 58% of its budget...
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.
In light of the abundant liquidity in Gabon’s banking system, to what extent do you feel that financial intermediation can be further encouraged?
In July 2012 the European Central Bank and the Central Bank of China reduced interest rates. What does this mean for these economies?
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×