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.
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
This week, Africa is facing a mixed health situation. Namibia has declared an end to its mpox outbre...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Maluku SEZ to receive river dock to boost logistics Saphir Ceramics funds dock to improve exports via river Facility supports growing industrial...
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Nigeria considers increasing 75 MW electricity exports to Togo Talks focus on meeting rising demand and recent supply disruptions Expansion depends on...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime against humanity Backed by AU, CARICOM; aims support...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...