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4:54
Gabon Economy Discussion
VOA's Vincent Makori talks to Melvin Ayogu, of Brookings Institution about the growth, gov...
published: 13 Jun 2011
author: TV2Africa
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6:22
Gabon's Economic Outlook with Ronak Gopaldas
Joining ABN's Samantha Loring in studio to discuss Gabon's economic outlook is Ronak Gopal...
published: 06 Feb 2013
author: CNBCAfrica
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3:32
Gabon to Diversify Economy
The Central Africa Nation of Gabon recently signed significant development deals. Gabon's ...
published: 25 Aug 2010
author: Paul Ndiho
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7:08
Gabon's Economic Review and Preview with Hamidou Okaba
(www.abndigital.com) ABN's Samantha Loring crosses to Libreville, Gabon for the first time...
published: 23 Jan 2012
author: CNBCAfrica
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13:17
President Ali Bongo Ondimba on Oil and Gabon's Economy ( Part 4)
Straight Talk Africa on June 22, 2011 - VOA's "Straight Talk Africa" Guest, Gabon Presiden...
published: 23 Jun 2011
author: TV2Africa
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3:46
Gabon Development Deals
VOA's Paul Ndiho recently returned from Gabon and reports on the signed development deals ...
published: 26 Aug 2010
author: TV2Africa
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3:25
GABON SPZ
Stepping away from its traditional oil based economy, Gabon is industrialising its wood se...
published: 29 Sep 2011
author: toxnaija
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4:30
Gabon's Economic Outlook
ABN's Lindsay Williams speaks with is Luc Oyo-ubi, Minister of Economy, Employment & Susta...
published: 06 Feb 2013
author: CNBCAfrica
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8:09
Executive Focus: Hamidou Okaba, Director General of Economy, Ministry of Finance, Gabon
Hamidou Okaba is the Director General of Economy of the Ministry of Finance of Gabon. He s...
published: 15 Jun 2012
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6:36
Ali Bongo Ondimba - President of Gabon
(www.abndigital.com) A high level delegation from across the world is attending the World ...
published: 05 May 2011
author: CNBCAfrica
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5:22
Gabon Economics Discussion
Opportunity International financial expert A.T. Tshibaka discusses how Africa is becoming ...
published: 07 Jun 2011
author: TV2Africa
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24:02
Africa In Focus: Gabon Hosts African Leaders
June 10 - This special programme comes to you from one of the continent's wealthiest natio...
published: 10 Jun 2014
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7:37
Gabon's National Infrastructure Master Plan
(www.abndigital.com) Gabon's National Infrastructure Master Plan comprises 21 major projec...
published: 08 Feb 2012
author: CNBCAfrica
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5:51
Gabon's National Infrastructure Master Plan
Gabon's National Infrastructure Master Plan comprises 21 major projects with total investm...
published: 25 Jun 2013
author: CNBCAfrica
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0:21
Gabon - Lapsus dune journaliste qui prononce Valérie Rottweiler, au lieu de Trierweiler
Please LIKE this video! | Subscribe Here Now Tags: gabon africa,gaboon viper,gabon ...
published: 15 Feb 2014
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3:53
Press Club Brussels - Gabon ministers point way towards country's development
Brussels Press Club and the Gabon Embassy invited the country's Foreign Affairs Minister E...
published: 04 Feb 2015
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2:10
gabon manganese reserves
More details:http://goo.gl/Pajuu7 More About gabon manganese reserves, Please Visit:http:/...
published: 05 Sep 2013
author: hailong qian
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0:32
Gabon fetes Independence Day in a tense atmosphere
A military parade took place Friday in Libreville, Gabon to celebrate the Independence Day...
published: 17 Aug 2012
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3:46
Gabon's Growth Strategy with Luc Oyoubi
The World Economic Forum is currently underway in Davos with the theme this year being "re...
published: 25 Jun 2013
author: CNBCAfrica
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7:37
Economic Impact of Satellite Teledetection with José Achache
(www.abndigital.com) The Third GEOSS African Water Cycle Symposium is currently being held...
published: 28 Feb 2012
author: CNBCAfrica
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9:13
Video MetroLib
MetroLib: the future "Gabonese Smart Transport" Project background: ********************...
published: 25 Oct 2014
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Video MetroLib

Published: 25 Oct 2014
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1:52
Gabon: Ben Bongo Wins Presidential Elections
Ali Ben Bongo, son of Gabons ruler Omar Bongo was declared the winner of disputed presiden...
published: 04 Sep 2009
author: NTDTV
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1:40
New York Forum Africa opens in Gabon
The New York Forum Africa 2013 is underway in Libreville in Gabon. It's the second time th...
published: 15 Jun 2013
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58:31
World Affairs TODAY: Season 6, Episode 3: Emergent Gabon
His Excellency Michael Moussa-Adamo, Ambassador of Gabon to the United States, speaks on G...
published: 12 Sep 2013
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Gabon enjoys a per capita income four times that of most nations of sub-Saharan Africa. This has supported a sharp decline in extreme poverty; yet because of high income inequality a large proportion of the population remains poor.

Gabon depended on timber and manganese until oil was discovered offshore in the early 1970s. The oil sector now accounts for 50% of GDP and 80% of exports. Oil production is now declining from its peak of 370,000 barrels per day (59,000 m3/d) in 1997. The 1998 fall-off in oil prices had a negative impact on government revenues and the economy. Gabon public expenditures from the years of significant oil revenues have not been spent well.

Overspending on the Trans-Gabon (Transgabonais) Railway, the oil price of 1986, and the franc CFA devaluation of 1994 have caused debt problems. Gabon has earned a poor reputation with the Paris Club and the International Monetary Fund (IMF) for poor management of its debt and revenues. IMF missions (related to the now lapsed EFF program) have criticized the government for over-spending on off-budget items (in good years and bad), over-borrowing from the Central Bank, and slipping on the schedule for privatization and administrative reform.




This page contains text from Wikipedia, the Free Encyclopedia - http://en.wikipedia.org/wiki/Economy_of_Gabon

This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.


Listen to Gabon travel guides Map

Gabon (play /ɡəˈbɒn/; French pronunciation: [ɡabɔ̃]), officially the Gabonese Republic (French: République Gabonaise) is a state in west central Africa sharing borders with Equatorial Guinea to the northwest, Cameroon to the north, and with the Republic of the Congo curving around the east and south. The Gulf of Guinea, an arm of the Atlantic Ocean is to the west. It covers a land area of nearly 270,000 km² and has an estimated population of 1,500,000. Its capital and largest city is Libreville.

Since its independence from France on August 17, 1960, Gabon has been ruled by three presidents. In the early 1990s, Gabon introduced a multi-party system and a new democratic constitution that allowed for a more transparent electoral process and reformed many governmental institutions. Gabon is also a non-permanent member of the United Nations Security Council for the 2010-2011 term.

Low population density together with abundant natural resources and foreign private investment have helped make Gabon one of the most prosperous countries in Sub-Saharan Africa, with the highest HDI and the third highest GDP per capita (PPP) (after Equatorial Guinea and Botswana) in the region.




This page contains text from Wikipedia, the Free Encyclopedia - http://en.wikipedia.org/wiki/Gabon

This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.