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,...
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Articles & Analysis | Pre-salt layers in Gabon hold potential reserves from The Report: Gabon 2015
Economic update | Kenya plans spending boost
19 Aug 2015
Announced in June and effective from July, a KSh2.1trn ($20.5bn) budget marks Kenya’s largest to date, with planned expenditure up by about 18% on funds allocated in the previous fiscal year.
Economic update | Thailand moves on airport expansion
19 Aug 2015
A revival in international passenger numbers, coupled with strong domestic traffic, has seen Thailand accelerate its aviation infrastructure investment programme to meet increased demand.
Investment regulation reforms and the removal of foreign-ownership caps in several industries may help spur capital investment as well as bolster confidence in the Vietnamese economy.
Articles & Analysis | The continent's premier football tournament remains inextricably linked with broader developments from The Report: Gabon 2015
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...
Articles & Analysis | Facts for first-time visitors in Gabon from The Report: Gabon 2015
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...