• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Bolstered by burgeoning cement and ceramics industries that draw on the natural resources of the Hajar Mountains, Ras Al Khaimah has one of the GCC’s more diversified economies. Continued investment in infrastructure is enabling further economic growth and encouraging foreign investment. 

The IMF has predicted that Kenya’s current account deficit will improve this year, although its exports remain vulnerable to exogenous factors. As the government looks to boost its overseas sales, it must also work to encourage its two main trading partners – the EU and the East African Community (EAC) – to finalise a planned trade agreement to ensure it maintains preferential access to European consumers.

Chapter | The Guide from The Report: Gabon 2013

This section includes an article on viniculture as well as information on hotels, contact details for government agencies and other listings, alongside useful tips for visitors on topics such as currency, visas, language, communications, dress, business hours and electricity.

Chapter | Capital Markets from The Report: Gabon 2013

The Central African Stock Exchange (Bourse Régionale des Valeurs Mobilières d’Afrique Centrale, BVMAC), headquartered in Libreville, is one of two regional bourses – both of which are located in CFA zones – on the African continent. The past few years have seen only occasional activity on the bourse, in spite of the region’s improving headline growth and the sizeable expansion plans of some of...

Chapter | Economy from The Report: Gabon 2013

The past 40 years of oil production have turned this small but strategically positioned Central African state into an upper middle-income economy. The country’s extractive industries are sizeable by global standards, with oil, timber and manganese being key exports. Following the 2008-09 financial crisis, GDP growth provided evidence of a recovery, reaching 7% in 2011 and 5% in 2012, according to...

Chapter | Country Profile from The Report: Gabon 2013

Located on the equator, Gabon is at the heart of the world’s second-largest rainforest. The country has an abundance of natural resources and is the fourth-largest oil producer in sub-Saharan Africa, at around 250,000 barrels per day. Gabon is also Africa’s second-largest manganese producer and contains significant iron ore deposits along with uranium, gold, rare earth minerals and diamonds....

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