• Gabon has expressed interest in hosting the headquarters of a regional fund to finance the blue economy in the Gulf of Guinea.

• The fund aims to mobilize resources for sustainable maritime development, fisheries management, and ecosystem protection.

• Member states of the Gulf of Guinea Commission are still defining the fund’s capital, governance, and contribution structure.

Gabon has announced its interest in hosting the headquarters of a regional fund dedicated to financing the blue economy in the Gulf of Guinea. The announcement was made on Friday, October 3, 2025, in Libreville by Venâncio Soares Gomes, Deputy Executive Secretary of the Gulf of Guinea Commission (CGG), following a meeting with Laurence Ndong, Gabon’s Minister of the Sea, Fisheries, and Blue Economy.

According to Venâncio Soares Gomes, Gabon has developed an advanced institutional framework for managing its maritime space and fisheries resources, which supports Libreville’s candidacy to host the fund’s headquarters.

The planned fund’s main goal is to mobilize financial resources to support the sustainable development of maritime and coastal sectors across Gulf of Guinea member states. It seeks to strengthen national capacities in fisheries management, marine ecosystem protection, combating illegal fishing, and promoting port infrastructure.

The mechanism will also encourage private investment in ocean-related value chains, including fish processing, maritime logistics, and coastal transport.

The project remains in its preparatory phase as member states work to determine the fund’s initial capital, national contribution framework, and governance model. The official launch date has not yet been set.

In the long term, the fund could become a financial lever to transform the Gulf of Guinea’s maritime wealth into a driver of regional growth. It would also provide a common financing platform for programs focused on maritime security, coastal protection, and the economic development of marine resources.