Since its independence from France in 1960, Gabon has had three presidents. In the early 1990s, Gabon introduced a multi-party system and a new democratic constitution that allowed for a more transparent electoral process and reformed many governmental institutions. Gabon was also a non-permanent member of the United Nations Security Council for the 2010–2011 term.
Low population density, abundant petroleum, and foreign private investment have helped make Gabon one of the most prosperous countries in Sub-Saharan Africa, with the 4th highest HDI and the third highest GDP per capita (PPP) (after Equatorial Guinea and Botswana) in the region. GDP grew by more than 6% per year from 2010 to 2012. However, because of inequality in income distribution, a significant proportion of the population remains poor.
The central West African state of Gabon, meanwhile, announced Friday it would bar people from moving between the capital Libreville and outside provinces in order to combat a "major and worrying rise" in coronavirus cases since December ... Gabon, a country of under two million people, has documented 12,171 cases, 71 of them fatal ....
Assala Energy, for instance, funded by the Carlyle Group, bought ShellGabon in 2017. However, they also face increasing climate scrutiny, casting doubt on how much capital they might bring to the sector in future ... production and capital is needed for diversification at home.
The leopard print-clad acrobat is a performer with Le Cirque de l’Equateur, which once represented Gabon at the world’s biggest circus festivals, but now cannot afford even basic safety equipment ... At its home in Gabon’s capital, Libreville, the trees carry red signs recalling the glory days.
“I worry about 2021 ... Indeed, no sub-Saharan African government has sold Eurobonds since Gabon and Ghana in February, before COVID-19 hit. Nevertheless, access to capital markets will be needed to refinance but also to help plug an external financing gap which the IMF estimates at as much as $410 billion over the next three years ... .
BANJUL - Pierre-Emerick Aubameyang and his Gabon team mates were forced to spend the night sleeping on the airport floor ahead of their vital Africa Cup of Nations qualifier against Gambia. Aubameyang used social media to highlight their plight after arriving at Banjul airport on Sunday, ahead of Monday’s Group D clash in the Gambian capital.
Aubameyang used social media to highlight their plight after arriving at Banjul airport on Sunday, ahead of Monday’s Group D clash in the Gambian capital. The Gabon delegation were told ... Gabon’s federation posted pictures of the incident of its Facebook page but without any comment.