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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.

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