Public Management

Gabon Signs $4.3 Billion in Deals with Chinese Investors

Gabon Signs $4.3 Billion in Deals with Chinese Investors
Wednesday, 04 September 2024 14:55

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.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Adenia Entrepreneurial Fund I (AEF) secures $180 million in its first close, exceeding its $150 million target. The fund targets...
Bank of Ghana lowers its policy rate by 150 basis points to 14%, the lowest since July 2021. The cut reflects improving macroeconomic conditions...
Ghana’s real GDP growth reached 6% in 2025, up from 5.8% in 2024. The services sector led growth, contributing over 63% and expanding 8.6% in...
Morocco forecasts economic growth rising to 5.6% in 2026 Outlook driven by agriculture rebound and resilient non-farm activity Inflation...
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

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
03

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
04

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
05

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
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.