The Caisse des Dépôts et Consignations du Gabon (CDC Gabon) was granted an EUR 30 million revolving trade financing facility to support the operations of the tenants of the Gabon Special Economic Zone and to provide them with the capacity to export their products.
Gabon Tender and Business News
It is now official that Chinese energy firm Tebian Electrical Apparatus (TBEA) will be investing in a new 70MW hydroelectric power project in the country.
French energy provider ENGIE's African subsidiary (ENGIE-Africa.com) just signed an agreement to deploy eight hybrid solar plants in Gabon, for a total combined power output of 2.2 MW.
TerraPay, a mobile payments platform headquartered in the Netherlands, and GIMAC, the regional electronic money transfer platform of Central Africa, have signed a strategic partnership agreement that will allow instant cross-border money transfer to bank accounts and mobile wallets in Africa's CEMAC region.
The African Finance Corporation, a Nigeria-based multilateral institution focusing on African infrastructure investments, just announced that the Republic of Malawi has joined AFC as only the second Southern African member country.
The servicing arm of the Lebanese Credit Insurer (LCI), LCI Services, has expanded its Debt Collection Services to cover 11 new African markets to support clients in their regional growth and protect their trade receivables.
The Gabonese National Agency for Numerical Infrastructure and Frequency (ANINF) has signed an agreement with the African Development Bank for funding for a feasibility study for Gabon's section of the Central African Backbone (CAB) high-speed fiber project.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
Sweden has announced its investment of over SEK 800 million to the 'Strategy for Sweden'’s regional development cooperation in sub-Saharan Africa.
VAALCO Energy, Inc., a Houston-based independent energy company principally engaged in the acquisition, development and production of crude oil, just announced that as of December 24, its South Tchibala 1-HB well located offshore Gabon had been temporarily shut-in.
The Quality Infrastructure Programme for Central Africa (PIQAC) held its important third Regional Steering Committee last week in Libreville, Gabon. The goal of PIQAC is to provide support for the regional and national institutions of the quality instracture, to help reinforce competitiveness and diversification of production sectors within Africa.
TRAFFIC, the wildlife trade monitoring network, published a new report on September 7, detailing findings from almost a decade of monitoring the ivory trafficking network. The report details a tragic history of how ivory smuggling in Central Africa became as lucrative of many international drug cartels.
Africa Finance Corporation (AFC), a major pan-African multilateral development finance institution and project developer focuses on infrastructure, just added Kenya as its 15th member nation.
After review of recent activities by all parties, the United Nations envoy for Central Africa said he felt moves by some contributing countries to withdraw troops from embattled areas would create a security vacuum that could be exploited by other armed groups.
The Gulf of Guinea Interregional Network (GOGIN), a project of the European Union aimed at fighting crime at sea in conjunction with nineteen coastal countries on the African continent, just launched.
During the United Nations Ocean Conference being held today in New York, President Ali Bongo Ondimba of Gabon just announced the establishment of a massive marine protected areas network consisting of 9 new marine parks and 11 aquatic reserves.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
The United Nations World Economic Situation and Prospects (WESP) 2017 Report suggests Africa should see moderate economic recovery from 2017 to 2018. This is despite the overall world economy more or less expected to stagnate or grow at most slowly for the same period.
Total, based in France and the number one major oil company in Africa, just announced its new sponsorship program of the Total Africa Cup of Nations. The new program, Total Football Together, was launched in connection with the Africa Cup events which started on January 14 and will run through February 5.
The Ivory Coast Government plans to spend as much as $6 million on its Elephants soccer team in conjunction with the 2017 Africa Cup of Nations soccer match later this month.
MERCK Africa took another major step recently in honoring the role of Women in Advanced Medical Research. It recently named the first winners of its new 'Merck Africa Women Research Award', for research on women's health in Africa, to researchers in Kenya, Burkina FAso, Gabon, Uganda, Ethiopia, Botswana, Cameroon, Gambia and Zimbabwe.
The Central African Economic Community (ECCAS) member states have produced model and common laws covering telecommunications, cyber security and a regulatory framework that will help govern cross-border telecom interconnections. The agreement was completed with the support of the Economic Commission for Africa (ECA) and the International Telecommunications Union (ITU).
Gabon along with the Kyrgyz Republic recently became the latest signatories to the World Trade Organization's Trade Facilitation Agreement, an arrangement specifically designed to assist developing countries in international trade.
Partnerships for Forests (PartnershipsforForests.com), a technical assistance and grant-making program funded by the government of the UK, has just issued its first call for concepts. The first call is focussed on building sustainable supply chains for cocoa, palm oil, rubber and fuelwood/timber in West and Central Africa (focussing on Cameroon, Cote d’Ivoire, Democratic Republic of Congo, Gabon, Ghana and Liberia).
A dramatic decline in Africa’s savanna elephant populations caused by poaching – as exposed by the results of a three-year aerial survey released this week – has piled pressure on reluctant governments to back proposals that would lead to bans on domestic trade in ivory. The issue is being raised at the IUCN World Conservation Congress happening in Hawaii this week.