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
BCEAO launches CEMSTRAT banking programmes with COFEB and HEC Paris AI boosts banking efficiency but increases cybersecurity risks, experts warn Banks...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct deposits, improving efficiency and product...
EU, EBRD launch €26.5 million financing facility in Côte d’Ivoire Program targets SMEs with loans, co-financing and technical support Initiative...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, interoperable real-time payments All financial...
Most Read
01

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
04

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
05

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
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.