Country Profile

Situated on Africa’s Gulf of Guinea, Gabon is part of a select grouping of upper-middle-income countries in sub-Saharan Africa. Timber, oil and mineral reserves form the backbone of the economy. The political system is stable and the country plays a leading role in the region through its membership in the CEMAC economic bloc. Gabon has strong ties with Europe, and especially France, for historical reasons, but it has strived in recent years to broaden its economic and diplomatic partners, and several emerging powers from elsewhere in Asia and Africa are playing a bigger role in investment flows. Exogenous pressures, including a drop in commodity prices, especially oil, have presented short-term challenges and prompted budgetary revisions.

This chapter also includes interviews with President Ali Bongo Ondimba and Prime Minister Daniel Ona Ondo, as well as viewpoints from US Vice-President Joe Biden and Pierre Moussa, President, CEMAC Commission.

Share
Cover of The Report: Gabon 2015

The Report

This chapter is from the Gabon 2015 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Prime Minister Daniel Ona Ondo
Prime Minister Daniel Ona Ondo: Interview

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart