Gabon is banking on its deepwater resources to achieve its ambitious target of doubling oil production to 500,000 barrels per day (bpd) by 2025. The discoveries since mid-2013 by Total, Shell and Eni in its pre-salt formations and those by its neighbours in the Gulf of Guinea have raised hopes that its offshore resources mirror those of Brazil,...
The 2012 Africa Cup of Nations (Coupe d’Afrique des Nations, CAN), which Gabon co-hosted with Equatorial Guinea, prompted a flurry of building in the two countries. Stadiums were expanded, motorways cantilevered and hotels erected. In many ways, the economic impact and symbolism of the tournament were more significant than the competition itself...
VISAS: Most visitors are required to obtain a visa in advance, and this is best done in the visitor’s country of residence. The process can often be a lengthy one, and business visas require an invitation from a Gabon-based entity; in some cases proof of employment may also be...
View contact details and general information for some of the leading hotels and resorts in Gabon
In accordance with its liberal economic principles, Gabon 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.
Modifications to the tax code passed in May 2009 have been made in July 2009, February 2010, January 2011, January 2012, January 2013, January 2014 and January 2015 to reflect Gabon’s new political climate. The code is a modernised framework that will likely be complemented by tax and Customs incentives for both foreign and local investors....
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×