The project aims to valorize Gabon’s mining potential. It will improve the sector’s management, by monitoring businesses that explore and exploit the country’s resources, and by expanding available date on geological potentiel.
Gabon’s Ministry of Economy seeks a firm to draft application texts for Law N°037/2018, which regulates the country’s mining industry. The African Development Bank (AfDB) will back the reform project with a loan, as part of the PADEG initiative to diversify the central African economy.
For six months, the hired firm will help set up a regulatory framework that outlines the benefits and opportunities for investors in Gabon's mining industry. The firm will review existing regulations, draw new ones, and present their findings in a workshop with the mining administration and other stakeholders.
Gabon also plans to hire another firm for a four-month study to set up a technical center that will promote and support mining projects within the Ministry of Mines. This center will help attract investment for developing mineral resources.
The consultant will focus on seeking mining deals, tracking their development, conducting related studies, and oversee public investment programs to boost mining potential. Gabon also wants to improve the skills of its mining administration staff to better manage mining deals.
These efforts are intended to attract more investment into Gabon's mining sector, which has many valuable minerals, including tantalum, manganese, gold, iron, potash, uranium, rare earths, niobium, and phosphate. Until 2009, the sector mainly relied on manganese mining, contributing only 4% to GDP, 1.3% of non-oil budget revenues, and providing 1,500 formal jobs.
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boo...
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...
As work on the first phase of the Ahmed Sékou Touré International Airport expansion continues, Guinean authorities have announced their intention to move...
• Senegal raised $2.25 billion regionally in H1 2025 after IMF funding froze over $7 billion in hidden debt• Public debt hit 119% of GDP;...
• Nigerian household debt reached a record \.7 billion in April 2025, 20.4% of GDP, surpassing corporate debt• Inflation (23%) and low incomes are...
• Nigerian Clarion Shipping West Africa Limited debuts vessel aimed to service the cabotage market in the country, and potentially beyond. • The move...
Located about 40 kilometers from Cape Town’s city center, Boulders Beach in Simon’s Town is one of the Cape Peninsula’s most iconic destinations. This...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...