Economy

In Yamoussoukro, land values are soaring and construction sites are popping up everywhere. The political capital of Côte d’Ivoire is fast becoming one of the country’s newest hotspots for real estate investment. This land rush is reshaping surrounding villages—and raising concerns about the future of local farmland. From farmland to building lots With his drone, […]

Gabon is taking significant steps toward sustainable ocean governance through nationwide public consultations on its National Marine Zoning Plan. Government representatives from the Ministry of the Blue Economy have been traveling across coastal communities to present this strategic initiative, which reflects the country’s commitment to balancing ecological preservation with economic development. These discussions focus on […]

Global oil production from the Organization of the Petroleum Exporting Countries experienced a significant resurgence in June. A recent monthly survey indicated that the eleven member nations collectively pumped 19.43 million barrels per day. This marks a substantial increase of 3.3 million barrels daily compared to May, when supply had plummeted to its lowest recorded […]

The World Bank has appointed a new leader to guide its operations in Gabon. Effective July 1, 2026, Ivorian national Sylvain Kakou officially steps into the role of Senior Country Manager for the multilateral institution in Libreville. His crucial mandate involves overseeing the group’s integrated operations within a nation actively engaged in institutional rebuilding, ensuring […]

Economy Gabon: why tackling high cost of living won’t happen in supermarkets Editorial Team July 3, 2026 116 No comments Libreville — For years, the fight against rising living costs has dominated public discourse across Africa. In Gabon, this issue has escalated into a central concern, as soaring prices continue to strain household budgets. To […]

The Gabonese government has launched the Compagnie Nationale de Transport (CNT), a strategic merger between Trans’Urb and SOGATRA, marking a transformative step toward a modern, reliable, and accessible public transport network. Spearheaded by President Brice Clotaire Oligui Nguema, this initiative goes beyond mere reorganization—it embodies a forward-thinking vision focused on optimizing resources and elevating the […]

The Gabonese construction landscape is set for a transformation as the country moves toward self-reliance in steel production. On July 1, Lubin Ntoutoume, Minister of Industry and Local Processing, officially launched construction of the Prometal Gabon steel rebar plant in Nkok. This state-backed project, in partnership with the Pometal group, represents an investment of 38 […]

The digital landscape has transformed beyond mere social interaction and entertainment. Global platforms like Meta, X, Instagram, TikTok, Netflix, and Spotify now function as economic powerhouses, yet for years, they operated outside traditional state fiscal frameworks. Morocco has now closed this tax gap, effective June 11, 2026, with the General Directorate of Taxes (DGI) launching […]

In a strategic move for West Africa’s financial landscape, Deloitte has appointed Kodjo Akpatigbe as the new Managing Partner for its operations spanning Lomé and Cotonou. This seasoned Togolese chartered accountant, nurtured by regional institutions, represents a new breed of leaders sought after by global consulting firms to navigate the continent’s evolving financial dynamics. With […]

From financial corridors to industrial innovation In April 2026, Morocco’s Competition Council endorsed the acquisition of a 68% stake in Forafic Agro Holdings Limited by Cap Holding—a subsidiary of Chakib Alj. This transaction marked the end of Yariv Elbaz’s majority control over the Moroccan industrial giant, signaling a strategic pivot toward sectors where technology intersects […]

Uber is broadening its presence in Morocco by launching ride-hailing services in Tangier and Agadir, two key tourist hubs. This move complements existing offerings in Casablanca and Rabat, reinforcing the company’s commitment to supporting the country’s booming tourism sector—especially as preparations intensify for the 2030 FIFA World Cup. With Morocco targeting 26 million visitors by […]