Browsing: Gabon

Donald Trump’s July 9-11 U.S.-Africa summit in Washington will bring together presidents from Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal. Agenda…

Gabon’s referendum has extended the presidential term to seven years with a two-term limit from the previous five years. The…

Somalia, South Sudan and Equatorial Guinea have emerged as the most corrupt countries in Africa in the 2023 Corruption Perception…

United States officials and politicians have shown much interest and support for renewing the African Growth and Opportunity Act (AGOA) as its expiration date approaches in September 2025. The fate of this landmark legislation, which provides duty-free access to the US markets for some African countries, remains uncertain for the next 22 months but has significant implications for trade between the United States and Africa.

Four African countries are staring at huge losses running into billions of dollars starting January 2024 following their expulsion from the African Growth and Opportunity Act (AGOA). The move will further worsen the unemployment crisis in the affected countries. Agoa offers thousands of jobs in apparels industry, especially to the youth.

The World Bank estimated the value added in Gabon’s agriculture, forestry, and fishing sectors to be 6.404 per cent of GDP in 2020, a good sign to invest in Gabon.

Gabon imports the bulk of its cereal requirements through commercial channels, with cereal imports accounting for approximately 90 per cent of the total cereal utilization.  Imports of cereals in 2021 were estimated at a slightly below-average level of 171,000 tons, including about 110,000 tons of wheat and 55,000 tons of rice.

Gabon is facing escalating agricultural food prices, especially wheat since the war in Ukraine began in February 2022.  To keep domestic wheat prices below 25,000 CFA, the government formally budgeted a subsidy of 4,700 CFA (US$7.55) per 50-kg bag to the country’s wheat importers, led by France’s Société Meunière et Avicole du Gabon company.

Commonwealth along racial lines, but the body managed to forge a compromise at its Nigeria summit, appointing a seven-nation panel to monitor Zimbabwe’s progress towards improved democratic values.

President Emmerson Mnangagwa’s government applied on May 15, 2018, to re-join the grouping, a year after toppling Mugabe through a military coup.

According to an article by the Independent dated June 17, 2022, Scotland subsequently deployed a Commonwealth team led by Ghana’s former president John Dramani Mahama to observe Zimbabwe’s 2018 elections.

PIDG company, the Emerging Africa Infrastructure Fund (EAIF) has announced that it has arranged the long-term debt finance for a…