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Economy: growth estimated at 7.1% for 2014 and 8.5% for 2015Competitiveness index 2014-2015: Gabon moves up

Economy: growth estimated at 7.1% for 2014 and 8.5% for 2015

Based on the economic situation observed for the second half of 2013, the economy is expected to show 7.1% growth for 2014.

Competitiveness index 2014-2015: Gabon moves up

Gabon improves its economic competitiveness index 2014, moving up from 112th place in the world in 2013 to 106th place in 2014.

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Mining Gabon
The largest manganese producer in Gabon, Compagnie Minière de l’Ogooué (Comilog), inaugurated Gabon’s first mineral processing plant in August, an important step in a bid to shift the economy from raw natural resource exports to a value-added industry.
The CEMAC 2014 first half year report on the economic situation and macroeconomic outlook indicates that global growth rose in the second half of 2013 to reach an average of 3.6%.
The first official visit to Tunisia by President Ali Bongo Ondimba, which ended this Sunday, opens the way for multiple exchanges between the two nations with convergent ambitions: encourage human investment and social development to stimulate economic competitiveness, local transformation and sector-based diversification.

Focus on

Gabon enjoys a strategic geographical position in central Africa, acting as a gateway to a regional market of 250 million consumers.