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.
Gabon Tender and Business News
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.
A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.
Seaborne piracy and maritime crime has now eased up quite a bit in Southeast Asian and the Indian Ocean in the past few years, according to a new report by Dryad Maritime. Unfortunately, the Gulf of Guinea off the coast of Africa is not so lucky and was just identified as the most dangerous seafaring region in the world.
On Friday July 29, a group of Gabonese-American protestors marched in Washington, D.C., calling for an end to corruption and autocratic rule in Gabon. To help with that, they also asked for increased US support to make sure that the West African country’s upcoming presidential elections are transparent, free, and fair.
United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.
On June 13 and 14, Senegal held a consultation meeting on the theme of "promoting science, mathematics and information and communication technology" in Dakar.
The total elephant species population in Africa back in the Victorian era was 19 million. Today it is 500,000, largely cut down while being hunted for ivory. To help bring an end to the practice, nonprofit group Stop Ivory is partnering with the stars of 'The Legend of Tarzan', a movie which just opened worldwide and was shot in Gabon, the home of half the world's forest elephants.
France's Wendel, one of mainland Europe's largest investment firms, is making a play that the African economy is going to continue to soar -- and personal incomes grow in parallel. It is doing so through its just-announced agreement to acquire 40% of the capital of SGI Africa, a property company currently focusing on retail shopping centers.
Bechtel's London office, part of a major global engineering, project management and construction company, is partnering with the government of Gabon to roll out a $25 billion wide-ranging collection of national infrastructure projects.
The Indo Gabon Cultural Organization was just launched, thanks to the help and cooperation of India's ICMEI (the International Chamber of Media and Entertainment Industry".