Robert Masumbuko News Today

Recognizing the sector's untapped potential, the government in 2016 designated fisheries and aquaculture as key drivers of economic growth.

Benin: African Development Bank approves loan of approximately €39 million to boost private sector’s contribution to economic development

Gabon’s Shift in Exports Draw Port Investment Mar 25 | 2021 By Ope Onibokun and Robert Masumbuko   The growing importance of the non-crude sector in Gabon has been highlighted in the government’s introduction of the 2025 Gabon Emergent program, which is tagged to transform and diversify its economy and set it on a path to be a world leader in tropical timber.   Historically Gabon has been dependent on oil since 1956, with production peaking in 1997 at 370,000 barrels per day, or bpd. Howe...