News Finances

Gabon signs $3 bln deal with Afreximbank for priority investments

Gabon signs $3 bln deal with Afreximbank for priority investments
Thursday, 18 September 2025 16:49
  • Gabon signed a $3 billion deal with Afreximbank to finance priority investments.
  • The move follows a meeting between President Oligui Nguema and Afreximbank’s Georges Elombi.
  • Funds will back projects in mining, rail, and energy, with broader industrial ambitions.

Gabon’s Minister of Economy and Finance, Henri-Claude Oyima, signed a $3 billion mobilization agreement with Afreximbank on Wednesday, September 17, 2025. Under the deal, the African Export-Import Bank formally committed to making the funds available to the Gabonese state, which plans to channel them into priority investments.

The signing came a day after a meeting between President Brice Clotaire Oligui Nguema and Afreximbank President Georges Elombi. Discussions reviewed the progress of recently concluded partnerships worth more than CFA1.7 trillion, covering key sectors such as manganese processing, modernization of the railway network, and strengthening Gabon’s energy capacity.

Beyond the identified projects, the financing agreement carries broader significance for Gabon’s economy. At a time when several African countries are seeking to add value locally to their natural resources, Gabon’s experience could serve as a regional model—provided that industrial transformation projects are completed within the agreed timelines.

On the same topic
Togo minister opens talks with private sector to boost growth Businesses cite financing gaps, debt, and energy costs as...
British International Investment and Deutsche Bank launch a $150 million facility to support trade finance across Africa. The program...
Sanlam Maroc and Allianz Maroc approve merger, creating unified insurer Allianz Maroc absorbed; shareholders receive 5 Sanlam shares per 2 Deal...
African startups raised more than $272 million in February 2026, according to Africa: The Big Deal. Funding increased 56% from January, signaling...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.