Economy

The Gabon Economic Forum (GEF) has brought renewed focus to a pressing economic challenge: the nation’s internal debt to private enterprises. Speaking at the event, Alain‑Claude Kouakoua, President of the Gabonese Business Federation (FEG), highlighted the discrepancies in the estimated 4,340 billion FCFA debt owed to private companies. Kouakoua emphasized that the official figure may […]

Gabon’s bold push for ecotourism faces real-world hurdles LIBREVILLE / The government unveiled its National Strategy for Sustainable Tourism and Craft Valorization on June 29, 2026, with a clear mission: diversify the economy ahead of the post-oil era and position Gabon as a leading global ecotourism destination. On paper, Gabon’s credentials are unmatched. With 88% […]

Owendo security operations hit Gabon’s informal night economy DIG / A late-night security sweep on June 28, 2026, in Owendo primarily targeted businesses in the city’s nocturnal economy—bars, small eateries, and informal shops—that serve as vital income sources for hundreds of vulnerable households in this bustling Libreville suburb. While security enforcement was the stated goal, […]

Rabat hosted a pivotal national forum this week, bringing together industry leaders, policymakers, and financial partners to map out a decisive shift toward low-carbon operations in Morocco’s vital food manufacturing sector. Convened by the National Federation of Agri-Food (FENAGRI) under the patronage of the Ministry of Industry and Trade and the Ministry of Energy Transition […]

Camrail’s 27-year economic footprint in Cameroon The national rail network operator, Camrail, has pumped an estimated 750 billion Central African CFA francs—roughly 1.25 billion US dollars—into Cameroon’s economy since 1999. This milestone was unveiled by Pierre Ngon, the company’s managing director, during a press briefing held in Douala on June 22, 2026. Railway operations fuel […]

The Gabonese government has decided to terminate its Sustainable Fisheries Partnership Agreement (SFPA) with the European Union, which formally expired on June 28, 2026, without renewal. The agreement, first established in 2007 and renewed multiple times—most recently in 2021—has generated approximately 17 billion CFA francs for the Gabonese state over five years. However, authorities have […]

The Gabonese economy demonstrated remarkable resilience in 2025 by achieving a trade surplus of $6.9 billion, despite a global landscape marked by declining trade volumes, falling oil prices, and disrupted shipping lanes. This impressive performance underscores the country’s robust external position and strategic economic foundations. The surplus emerged from a stark contrast between maintained exports […]

Forging a unified path for Gabon’s economic future The Gabon Economic Forum (GEF) 2026, held at the Palais des congrès de la Cité de la Démocratie, marked a pivotal moment in the nation’s economic trajectory. Organized by the Fédération des entreprises du Gabon (FEG), the event brought together business leaders, former state officials, and policymakers […]

Gabon ends eu fishing deal to boost local industry DIG / Gabon has opted not to renew its fisheries partnership agreement with the European Union, which was set to expire on June 28, 2026. This decisive move reflects the nation’s commitment to reclaim control over its marine resources and channel greater economic benefits back into […]

Africa24, the Cameroonian 24-hour news channel, faces an existential crisis as financial struggles push it to the brink of collapse. Reports indicate that the broadcaster, which serves as a key information hub for Central African audiences, is grappling with severe financial mismanagement, leading to mounting debts and operational paralysis. The channel, often criticized for its […]

Economy Célestin Tawamba: “Investors choose countries that act, not those that wait” During his keynote address at the June 23, 2026, Gecam annual general meeting in Douala, Célestin Tawamba examined the key obstacles hindering investment in Cameroon. Editorial team |1 hour ago|3 minutes read AAA Follow Cameroon Economy on Google Summarize Listen Comment Investment climate […]