The agreements, signed on the eve of the ninth edition of the Forum on China-Africa Cooperation (FOCAC), primarily focus on the public works and energy sectors.
Gabon signed investment agreements worth $4.3 billion with Chinese investors during a bilateral economic forum held in Beijing on Tuesday, September 3.
The Gabonese Ministry of Economy and Investments announced the deals in a statement, saying the forum marked half a century of cooperation between the two nations. "Following six thematic roundtables, the event concluded with the signing of several agreements that mobilized over $4.3 billion, particularly in the public works and energy sectors," the statement adds. The forum also gave Gabonese authorities a chance to showcase Gabon's investment opportunities and flagship projects to Chinese businesses.
These agreements were announced ahead of the ninth Forum on China-Africa Cooperation (FOCAC), which is taking place in Beijing from September 4 to 6. The triennial economic gathering, themed "Joining Hands to Advance Modernization and Build a High-Level China-Africa Community with a Shared Future," aims to strengthen economic ties between China and Africa.
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Global South Utilities (GSU) has begun building a 5 MWp hybrid solar plant with 5 MWh battery st...
UNDP, GSMA launch AI governance training in Egypt Programme targets officials, boosts regional regulatory cooperation Initiative supports digital...
2025 revenue stands at 36.7 billion dirhams, up 1.4% at constant exchange rates. African subsidiaries post 5.3% growth, offsetting flat domestic...
Rwanda and Japan discuss partnerships in AI, data and human capital development. Kigali aims to strengthen its position as an East African innovation...
Ganfeng Lithium backs exploration projects in Côte d’Ivoire and Guinea through a joint venture. Lithium Africa Corp holds 1,254 km² in Côte d’Ivoire...
Fort Jesus is a fortress located in Mombasa, on Kenya’s coastline, at the entrance to the natural harbor that long made the city a hub of trade in the...
While Afrobeat has evolved into what is now known as Afrobeats, there is little dispute that the movement was pioneered by Fela Kuti. A musical genius and...