The Federation of UAE Chambers of Commerce & Industry (FCCI) and Gabon’s investment promotion agency ANPI-Gabon have inked a Memorandum of Understanding (MoU) to lure investment from the Gulf country to support economic development of Gabon. The deal was signed by ANPI-Gabon CEO Ghislain Moandza Mboma and FCCI’s Secretary General Humaid Mohamed Bin Salem, who […]
Tag: Gabon
DRC’s and Liberia’s new presidents sworn in, promising to improve economy, security
The newly elected presidents of the Democratic Republic of Congo (DRC) Felix Tshisekedi and of Liberia, Joseph Boakai, have been sworn in, with both promising to improve living conditions and security in their respective countries. The DRC’s President Tshisekedi has been sworn in following a landslide victory in the highly contested elections in December that […]
Gabon to grant delayed risk premium to armed forces
Gabon’s military-led government agreed this week to implement a decision by the former regime of President Ali Bongo Ondimba to grant armed and security forces a risk premium for their work in protecting populations, Gabo Review reports. A cabinet meeting announced the plan pending modalities that remain to be defined, the media outlet notes. The […]
Rwanda poised to invest in tourism in Gabon
Rwanda Development Board (RDB) is mulling plans to invest in Gabon’s tourism sector in a bid to make travel easy for visitors of the two countries. RDB chairman Francis Gatare led a delegation that met this week with General Brice Clotaire Oligui Nguema, the transitional leader of the central African country. Talks between the two […]
Gabon abolishes Luxury Car Tax
Gabon has scrapped luxury car taxes that provided the State with $82,000 last year, ‘Gabon Review’ reports citing 2024 draft Budget Bill. On the contrary, the budget bill imposed taxes on brand new vehicles and the measure is set to provide the State with $95,000 in revenues. The State did not collect taxes on brand […]
Gabon increases by 3 per cent budget for armed forces
The junta-led government in Gabon has increased by three per cent the 2024 budget allotted for armed forces, up from $30 million of last year. The 2024 budget will cover clothing and food for the troops, as well as fuel for the various vehicles of the armed forces. The increase, Gabon Review reports, follows several […]
World Bank helps Gabon finance digital transformation project with $68.5m loan
Gabon has secured a credit facility of $68.5 million to finance “Projet Digital Gabon”, a digital transformation project aiming at creating an environment conducive to accelerating digital transformation. The deal was signed late December by Mays Mouissi, Gabon’s Minister of Economy, and the World Bank Country Director for the Central African country, Cheick Fantamady Kanté, […]
World Bank resumes cooperation with Gabon after military coup
The World Bank has resumed cooperation with Gabon several months after freezing all financing projects in the central African country in a reaction to the military coup of August 30 following an electoral process deemed rigged by the military. The Washington-based lender, local media ‘Gabon Review’ reports, notified the ministry of Finance and Economy in […]
Australia-listed Genmin applies for 15-year permit to start iron-ore drilling in Gabon
The Australian iron-ore mining company Genmin has submitted to the Gabonese government a request for 15-year permit to commence iron ore drilling project at Baniaka field in the central African country. Joe Ariti, the Chief Executive Officer of the company met with the minister of Mining of the African country to discuss the application that […]
Gabon: Ali Bongo refuses to go into exile without family members
Ali Bongo Ondimba, the ex-leader of Gabon, has rejected all plans forcing him to go into exile without his family members, as his wife and eldest son are hallowing in prison over multiple charges, reports say citing one family member. A junta led by current transitional President Brice Clotaire Oligui Nguema removed Bongo on August […]









