News

Gabon Bars Foreigners From Key Sectors in Push for 'Economic Sovereignty'

Gabon Bars Foreigners From Key Sectors in Push for 'Economic Sovereignty'
Thursday, 14 August 2025 07:12
  • Gabon to bar foreigners from select local economic activities
  • Restrictions target e-commerce, informal trades, and unlicensed services
  • Policy aims to boost local youth, women, and entrepreneurship

Gabon announced on Tuesday that it will bar foreigners from a range of local economic activities as part of a new policy to boost national entrepreneurship and "economic sovereignty."

The move, approved during a cabinet meeting on August 12, aims to reserve certain professions for the Gabonese population, particularly young people and women. The new restrictions will apply to emerging sectors such as e-commerce and other novel forms of entrepreneurship.

Additionally, the government plans to regulate several informal activities, which are largely dominated by foreigners. These include unauthorized money transfers, street-side phone and small appliance repair, unlicensed hairdressing and aesthetic services, and informal gold panning. The ban also targets unregistered intermediaries in crop purchasing and the operation of small workshops or gaming machines without proper licensing.

The government said the new measures will be implemented gradually with a transition period and support from local municipalities. Gabonese entrepreneurs will receive assistance to formalize their businesses through simplified procedures, technical and fiscal support, and access to financing.

Gabon's decision follows an intense national debate about the role of foreigners in the local economy. Critics, including some social media influencers and business leaders, have long complained about what they call unfair competition and limited opportunities for Gabonese. However, others view the policy as xenophobic and a way to deflect attention from more complex economic problems.

This is not the first time Gabon has tried to bolster its local economy. In June 2023, former President Ali Bongo launched two funds: a 7 billion CFA franc ($12.4 million) micro-loan program for entrepreneurs and a 2 billion CFA franc fund to assist low-income Gabonese working in commerce, crafts, agriculture, fishing, and services.

Gabon is also not the first African nation to enact such a policy this year. In July, Tanzania passed a law prohibiting foreigners from engaging in 15 small-scale commercial activities, from street hairstyling to phone repair. Tanzanian authorities justified the law by citing the need to protect national micro-entrepreneurs, who they claim are being marginalized by informal foreign competition. Unlike Gabon's progressive rollout, offenders in Tanzania face hefty fines and potential prison sentences.

Ingrid Haffiny (Intern)

On the same topic
Gabon to bar foreigners from select local economic activities Restrictions target e-commerce, informal trades, and unlicensed services Policy...
• GDP growth will ease to 3.5% in 2025 from 3.7% in 2024 and below the 3.8% forecast.• Drought-hit livestock sector and weak diamond demand weigh on...
• Gabon’s economy grew 3.1% in 2024 despite a heavy debt load at 73.4% of GDP.• The country needs $1.18 billion annually to fund infrastructure,...
• US Treasury sanctions PARECO-FF, CDMC, East Rise and Star Dragon over conflict coltan in eastern Congo on 12 August 2025.• CDMC is accused of buying...
Most Read
01

• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfe...

BCEAO to Roll Out New Platform for 24/7 Instant Transfers in West Africa
02

Nearly 400,000 mango seedlings distributed to farmers nationwide from June to August 2025. Pr...

Burkina Faso Launches Plan to Renew and Expand Mango Plantations
03

Starlink lost 2,000 Kenyan users in Q1 2025, dropping to 17,066, as local ISPs grew 8%. High...

Starlink's Kenyan Setback: 2,000 Users Lost in Q1 2025 Amid Rising Local Competition
04

President Bola Tinubu signs NIIRA 2025, replacing the 2003 insurance law. The law raises capi...

Nigeria enacts 2025 insurance reform law to boost sector growth
05

Abdul Samad Rabiu is now the richest investor on NGX, with ₦15.23 Trillion in BUA Foods and Cement...

Nigeria's Wealth Shift: Abdul Samad Rabiu Overtakes Aliko Dangote as the Richest Man on NGX
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.