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International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

IMF Staff Completes Mission for the First Review of the Extended Fund Facility for the Republic of Gabon

Economic growth is expected to reach 1.5 percent in 2021 and accelerate in 2022 to 3 percent as the recovery gains steam

The Gabonese authorities and IMF staff made significant progress in discussions on the actions needed to complete the first review supported by the Extended Fund Facility (EFF), and on economic policies and structural reforms that could form the basis for the program in 2022. Discussions will continue over the coming…

African Energy Chamber
Source: African Energy Chamber |

Council of Ministers of African Petroleum Producers’ Organization (APPO) on 14 December 2021 in Algiers, People’s Democratic Republic of Algeria

Top on the agenda of the Ministerial discussions was the Future of the Oil and Gas industry in Africa in the light of the Global pursuit of Energy Transition

The Council of Ministers of the African Petroleum Producers’ Organization (APPO) just ended its 41st Ministerial Session with a resolve to continue the exploitation of its Member Countries’ huge oil and gas resources for the economic emancipation of its people while also exploring the use of renewable energies. The Session…

African Energy Chamber

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    • Following Nigeria’s Example: Developing Marginal Fields Is More Important Than Ever for Africa (By NJ Ayuk)
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Source: African Energy Chamber |

Following Nigeria’s Example: Developing Marginal Fields Is More Important Than Ever for Africa (By NJ Ayuk)

Marginal field development has also allowed indigenous companies to step out from oil majors’ shadow and thrive

By NJ Ayuk, Chairman, African Energy Chamber Nigerian energy-industry leaders have been reminiscing lately about the country’s earliest efforts to develop marginal oil and gas fields. That’s because after nearly two decades, Nigeria recently stepped up its marginal-field development efforts, a wise move that I hope other countries will follow.…

U.S. Embassy in Gabon

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    • Coronavirus - Gabon: The United States donates more than 100,000 new doses of Pfizer vaccine to Gabon
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Source: U.S. Embassy in Gabon |

Coronavirus - Gabon: The United States donates more than 100,000 new doses of Pfizer vaccine to Gabon

The United States has already donated more than 280 million doses from its domestic supply to more than 100 countries, over 400,000 of which went to Gabon

The U.S. Embassy in Libreville announces a new donation by the U.S. Government of 101,790 doses of Pfizer’s Covid-19 vaccine as part of the U.S. Administration’s global efforts to fight the COVID-19 pandemic. The United States has already donated more than 280 million doses from its domestic supply to more…

African Energy Chamber

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    • CEMAC Business Energy Forum organized by PRO MEET UP AND LEARN and ML Consulting Fosters Energy Discussions to Uplift the Region
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Source: African Energy Chamber |

CEMAC Business Energy Forum organized by PRO MEET UP AND LEARN and ML Consulting Fosters Energy Discussions to Uplift the Region

Ministerial representatives from the CEMAC sub-region gathered in Congo-Brazzaville on 29-30 November to participate in the CEMAC Business Energy Forum, discussing the region’s development and inter-regional cooperation

The CEMAC Business Energy Forum, organized by Pro Meet Up and Learn and ML Consulting, which took place in Congo-Brazzaville on 29-30 November, concluded with interactive reflections between stakeholders in the CEMAC region's energy sector –  with a focus on developing member countries’ resources in a sustainable and mutually beneficial…

African Energy Chamber

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    • Equatorial Guinea’s Oil Minister Meets with Congolese President (1)
    • Equatorial Guinea’s Oil Minister Meets with Congolese President (2)
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Source: African Energy Chamber |

Equatorial Guinea’s Oil Minister Meets with Congolese President, Advances CEMAC Energy Cooperation

H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, met with H.E. Denis Sassou Nguesso, President of the Republic of the Congo, on Tuesday to discuss accelerating regional energy cooperation among CEMAC member states and within the Global South

Equatorial Guinea’s Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima, met with Congolese President H.E. Denis Sassou Nguesso on Tuesday, delivering a special message on behalf of Equatoguinean President, H.E. Teodoro Obiang Nguema Mbasogo, regarding regional energy integration. The meeting addressed growing South-South cooperation and encouraged the establishment…

Energy Capital & Power

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    • Ricardo Van-Deste, CEO for the exploration and production Business Unit, Sonangol; Geoff Hill, Director, Something of Value; Osvaldo A. Inácio, Executive Director, Sonangol; Paulo Guedes, Director of Renewable Energy, Sonangol and Verner Ayukegba, Senior Vice President, African Energy Chamber
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Source: Energy Capital & Power |

Sonangol Takes the Lead in Angola’s Energy Transition

As African Energy Week 2021’s winner of the NOC of the year award, Sonangol serves as an example for other resource-rich nations of how NOCs can and should drive Africa’s energy transition

The global push to reduce carbon emissions and phase out fossil fuels will have significant impacts on hydrocarbon dependent countries in Africa. Countries such as Angola, with an 80% reliance on oil serve to be highly affected if they are forced to abandon the resource. Therefore, stakeholders are calling for…

Energy Capital & Power

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    • African Energy Week 2021 Holds Transformative NOC Summit
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Source: Energy Capital & Power |

African Energy Week 2021 Holds Transformative NOC Summit

One the second day of Africa’s premier energy event, an NOC Summit took place with the continent’s leading oil and gas Ministers

Oil and gas continues to play a critical role in the development of the African continent. With many resource rich countries looking to expand exploration and accelerate production across multiple sectors, Africa is rapidly becoming a global competitor, capturing the attention of international investors and stakeholders. African Energy Week (AEW)…

United Nations Programme on HIV/AIDS (UNAIDS)

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    • Community Mobilization and Digital Technologies Accelerate the Response to HIV and COVID-19 in Gabon
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Source: United Nations Programme on HIV/AIDS (UNAIDS) |

Community Mobilization and Digital Technologies Accelerate the Response to HIV and COVID-19 in Gabon

To increase coordination, ensure successful implementation and minimize the risks, all the stakeholders were involved from the design phase of the project

Gabon is one of the partnering countries involved in the Partnerships to Accelerate COVID-19 Testing (PACT) initiative in Africa. The project, developed under a partnership between UNAIDS and the Africa Centres for Disease Control and Prevention, aims at fostering collective action to respond to the colliding HIV and COVID-19 pandemics…

African Union (AU)
Source: African Union (AU) |

The Republic of Gabon deposits the instrument of ratification of the African Medicines Agency (AMA)

AMA will, among other functions, coordinate and strengthen ongoing initiatives to harmonize medical products regulation and enhance the competence of Good Manufacturing Practices (GMP) inspectors to do so

The Republic of Gabon became the fourteenth (14th) member state deposited the instrument of ratification of the African Medicines Agency (AMA) to the AU Commission on 4th October 2021 after ratifying it on the 1st October 2021 in Libreville, Gabon. H.E. Amira Elfadil Mohammed, Commissioner for Health, Humanitarian Affairs and Social Development,…