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Overview

Laying the foundations: Construction fuels growth as government implements development priorities in key economic sectors
OBG
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Aided in large part by preparations under way for the 2012 Africa Cup of Nations, Gabon’s construction sector has witnessed a boom in recent years. Construction has been at the heart of government plans for economic development, with the expansion of energy and transport infrastructure intended to help realise President Ali Bongo Ondimba’s overarching goal of diversifying the economy. The…

Overview

Work in progress: Reforms under way to align degree programmes with the job market
OBG
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A drive to diversify Gabon’s economy away from commodity dependency has made education a key element of the broader plans for growth. The government has adopted a development strategy based on the results of the 2010 National Education Conference, which highlighted pertinent weaknesses in the public education system. The state is primarily working to increase the number of schools, train and…

Overview

Branching out: Efforts are under way to diversify industrial output
OBG
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The domestic industrial base is small, but with a concerted government strategy intended to leverage the country's sizeable natural endowments towards higher-value-added processing, there is growth potential. Existing capacity is focused in the areas of building materials, food, beverages and limited timber and manganese processing. Currently, domestic consumption remains overwhelmingly dependent…

Overview

Wine terroir: Unique production techniques helps sow seeds for viniculture growth
OBG
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Unbelievable yet true, wine production has started in Gabon. While the agricultural sector currently accounts for less than 3% of GDP, with most of the output coming from cash crops including rubber, coffee and cocoa, viniculture has established a beachhead in the tropical African country. Since 2012, the Domaine d’ Assiami, owned by wine group Malymas wines, has produced a selection of spicy…

Overview

Sophisticated techniques: More advanced advertising strategies are becoming the norm
OBG
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As the range of media outlets continues to diversify both in terms of form and content, Gabon’s advertising sector is seeing steady growth. Despite the relatively small population, rising incomes and the increasing competition in specific sectors such as telecommunications and finance are leading companies to pay more attention to their communication strategies, working to customise them to specific…

Overview

Spreading the word: While print remains dominant, other segments are gaining influence
OBG
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Rising incomes and improvements in providing access to internet platforms are having a positive impact on Gabon’s overall media environment. Despite its relatively small size, the market for novel media products is gaining dynamism, though the sector remains heavily dependent on a traditionally established print media segment and continues to be driven by government-owned broadcasters. A number…

Overview

Open door: A look at the legal environment and the framework for investment
OBG
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In accordance with its liberal economic principles, Gabon is open to foreign investors and the rights of free enterprise are guaranteed. 1. GENERAL LEGAL ENVIRONMENT A. Constitution & Other Sources of Rules: Gabon has a civil law structure with a hierarchy of legislation: lower laws need to comply with upper laws. The higher rule is the constitution, ratified in 1991, which provides for…
Interview

OBG talks to Prime Minister Raymond Ndong Sima
OBG
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Interview:Raymond Ndong Sima To what extent can Gabon implement economic policies emphasising raw material processing? RAYMOND NDONG SIMA: Beyond Gabon’s abundant and diverse natural resources, including minerals and forestry, the country enjoys political stability, beneficial to long-term industrial development. Local processing of raw materials will boost wealth creation and raise the standard…
Interview

OBG talks to Nina Abouna, Director-General, Agency for the Promotion of Investment and Exports (APIEX)
OBG
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Interview:Nina Abouna How can non-traditional sources of financing facilitate infrastructure project implementation? NINA ABOUNA: Infrastructure financing, especially for transport, water, energy and communication networks, requires tremendous capital investments. Currently, these projects are often financed by the government, in large part by the revenues generated by the energy sector. Nevertheless,…
Interview

OBG talks to Magloire Ngambia, Minister of Investment Promotion, Public Works, Transport, Housing and Tourism
OBG
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Interview:Magloire Ngambia What can be done to encourage foreign direct investment (FDI) and foster long-term growth? MAGLORIE NGAMBIA: Reducing poverty and increasing prosperity remain priority objectives, and thankfully sub-Saharan Africa has good economic potential. Today, many countries are diversifying their economic partners. South-south trade patterns are increasing, and we can observe…