Gabon’s status as the sixth-largest crude oil producer in sub-Saharan Africa has helped the country achieve the second-highest per capita GDP in the region. While the country’s resource-dependent economy took a hit when global demand dropped during the financial crisis of 2008-09, recovery has been strong and growth has remained robust. The government has in recent years put a greater focus on...
All Countries and All Sectors
Displaying 3841 - 3846 of 4126
Chapter | Country Profile from The Report: Gabon 2012
Gabon has long been lauded on the global stage for its relative stability in a region that has, at many times over the past several decades, experienced significant political unrest. A member of both global and regional political and economic organisations, Gabon’s global engagement is closely linked to France, given its status as a former French colony. The country has a multi-party political...
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.
The 2011 revolution had an impact on Egypt’s sizable banking sector but was not nearly as dramatic as was expected, thanks to a steady stream of reforms since 2004 that have improved the overall health and transparency of the country’s financial institutions. High exposure to sovereign debt weakened the outlook for some banks, and profitability took a hit, but overall liquidity remains high,...
The Arab world’s second largest-economy, with the GDP of $229bn in 2011 according to the World Bank, has faced exceptional economic circumstances since the start of its political transformation 18 months ago. Despite a slowdown from the roughly 7% annual growth rate posted for the seven years prior to, Egypt showed a relatively robust 4.7% GDP expansion for the 2008/09 financial year.
This section features an article on the country’s footballers, plus helpful listings of hotels, useful contact details, and facts for first-time business and leisure travellers.