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What You Need to Know Gabon is a resource-rich nation on Central Africa’s Atlantic coast, known for its dense rainforests, small population, and significant oil wealth. With more than 80 percent of its land covered by forest, Gabon is one of Africa’s most environmentally rich countries. Long shaped by hydrocarbons and a strong centralized state, […]
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Contributed by In On Africa (IOA) Country overview: IOA has invested significant research efforts into developing a data-driven understanding of Gabon, alongside conducting consulting projects focused on the country. Our researchers have observed that the environment has not been heavily impacted by mineral excavation. Gabon is Africa’s fifth-largest oil producer and boasts substantial deposits of […]
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The African Energy Chamber is calling for the security and safety of energy operations and personnel, citing disruptions to the industry as an attack on economic progress The African Energy Chamber (AEC) (www.EnergyChamber.org) urges political and military players in Gabon not to interfere with the country’s oil and gas assets and operations, as tensions rise […]
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Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic (“Gabon”). The transaction will enable the country to contribute $125 million in new funding for ocean conservation, supporting their commitment to protect 30 percent of its lands, freshwater systems, […]
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The upstream segment of Gabon’s energy sector is seeing renewed interest on the back of recent regulatory changes, and drilling campaigns from some of the world’s most prolific E&P companies are centered on redeveloping mature fields, though possibly at the cost of exploration Even among oil-rich nations, the extent to which hydrocarbons has fueled the […]
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By Sihle Qekeleshe, Web Editor Gabon plans to reduce oil production by more than 10,000 barrels of oil per day (bpd) – with an average price per barrel expected to drop from $57 to $41, in 2021. According to a budget Bill currently under review – which states that oil production over the next fiscal year […]
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Travel & Tourism Gabon’s tourism industry is still in its infancy stage, but beautiful weather all year round, there is almost never a bad time to explore Gabon. The bigger cities like Libreville and Port-Gentil are full of restaurants, bars, and casinos, but we particularly like the country’s parks and beaches, so be sure to […]
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Military officers in Gabon have staged a coup attempt, seizing the state radio station and declaring their dissatisfaction with President Ali Bongo, who is recovering from a stroke in Morocco. A New Year’s Eve address by Bongo “reinforced doubts about the president’s ability to continue to carry out of the responsibilities of his office”, said Lieut Kelly […]
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