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Population
2.4 Mn
GDP Growth
3.1%
Area
267,668 km²
Capital
Libreville
Currency
Central African CFA franc, XAF
Gabon, a haven of stability in Central Africa, presents a compelling case for investors seeking high-growth markets. This resource-rich nation boasts immense potential across various sectors, fueled by its abundant natural resources – vast timber reserves for sustainable wood processing, proven oil & gas reserves with ongoing exploration potential, and rich mineral deposits like manganese, iron ore, and gold. Strategically located on the Gulf of Guinea, Gabon offers excellent access to regional markets, further enhancing its business environment.
Gabon prioritizes economic diversification, creating exciting ventures beyond established resource sectors. Ecotourism, with its pristine rainforests teeming with diverse wildlife, is a growing industry. Investors can capitalize on the booming domestic market fueled by a rising middle class and rapid urbanization.
Area
267,668 km²
Capital
Libreville
Population
2.4 Mn
Currency
Central African CFA franc, XAF
GDP Growth
3.1%
Timber & Wood Processing
Market Size
$600 Bn
CAGR
3-4%
Forecast
$780 Bn
Waste Recycling
Market Size
$750 Bn
CAGR
7-9%
Forecast
$1.5 Tn
Metals & Mining
Market Size
$21.7 Mn
CAGR
3.57%
Forecast
$26.78 Mn
Agro Processing
Market Size
$4.59 Tn
CAGR
3.76%
Forecast
$5.52 Tn
Furniture
Market Size
$550 Bn
CAGR
3-5%
Forecast
$800 Bn
Plywood
Market Size
$60 Bn
CAGR
5-7%
Forecast
$90 Bn
Meat Processing
Market Size
$1.0 Tn
CAGR
4-6%
Forecast
$1.5 Tn
Veneer
Market Size
$30 Bn
CAGR
4-5%
Forecast
$45 Bn
Palm Oil
Market Size
$60 Bn
CAGR
4-6%
Forecast
$90 Bn
Sawn Wood
Market Size
$300 Bn
CAGR
4-6%
Forecast
$450 Bn
Forestry:
Global Ranking: Gabon boasts the 2nd highest forest cover in Africa (70%) and ranks 11th globally.
Timber Potential: Estimated 400 million m³ of exploitable timber, ideal for sustainable wood processing.
Minerals:
Global Ranking: Gabon is the world's 7th largest producer of manganese, crucial for steel production.
Deposits: Rich reserves of iron ore, niobium, and gold present further exploration opportunities.
Oil & Gas:
Production: Proven oil reserves exceed 2 billion barrels, with ongoing exploration promising further discoveries.
LNG Potential: Gabon is actively developing its Liquefied Natural Gas (LNG) industry, creating new investment avenues.
Business Stability:
Political Stability: Ranked 4th in sub-Saharan Africa for political stability by the World Bank (2023).
Ease of Doing Business: Ranked 149th globally by the World Bank (2024), with ongoing reforms to improve business environment.
Government Incentives:
Favorable Tax Regimes: Competitive tax structures and customs exemptions attract foreign investors.
Investment Code: Provides legal guarantees and protection for foreign investments.
Diversifying Economy:
Booming Domestic Market: Rising middle class and urbanization fuel demand across various sectors.
Ecotourism Potential: Pristine rainforests and diverse wildlife offer a unique tourism experience.
42 Airports
Easy access to West & Central African Markets
Ports in Libreville, Port Gentil Owendo
June 6, 2024
Gabon Ministers Explore Pharma, Wood Processing and Vocational Training Sectors at Nkok SEZ
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