Search stocksChecking your session

Press release

Afreximbank Country Brief Explores Gabon’s Reform Momentum and Diversification Drive

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has released its Gabon Country Brief, offering a comprehensive analysis of the Central African nation’s macroeconomic outlook, trade performance, financial sector development and debt sustainability profile.

The brief highlights Gabon as one of Africa’s wealthier economies, with real GDP per capita, estimated at about USD8,641 in 2026. Home to 2.7 million people, Gabon is strategically located on the Atlantic Coast of Central Africa, with direct access to global shipping routes through the ports of Owendo and Port-Gentil. The nation commands a distinctive profile as a commodity-rich economy with expanding industrial ambitions. Real GDP growth is forecast to accelerate to 3.3% in 2026, supported by stronger hydrocarbons receipts, while inflation is expected to hold at a contained 2.3%, comfortably within the Economic and Monetary Community of Central Africa (CEMAC) regional threshold.

The findings of the brief demonstrate how Gabon’s economic story has been driven by its significant resource base. The brief notes that the country is one of the world’s largest producers of manganese, a key material in demand for steel and electric vehicle batteries. While manganese ore is rapidly growing in strategic importance as an export earner and a magnet for foreign investment, exports remain concentrated in crude oil. Total goods and services trade recovered strongly from USD9.1 billion in 2020 to USD17.4 billion in 2024, with the trade balance remaining consistently in surplus throughout.

This edition goes on to explore Gabon’s forward-looking diversification agenda. It notes that the government is deploying special economic zones to catalyse private investment in higher value-processing and manufacturing, such as the flagship Nkok SEZ near Libreville. Complementary zones at Inkolo and Mpassa-Lebombi, alongside a planned site near Port-Gentil, signal a broadening industrial base across timber, mining and logistics. Most ambitiously, a planned ban on raw manganese exports from January 2029 is designed to accelerate local value addition.

Infrastructure investment is also identified as a key driver underpinning this transformation. The brief notes that the government committed USD197 million to infrastructure projects in 2025, more than double the USD81 million allocated in 2024. Planned road construction and rehabilitation, including the 166km Kougouleu-Medouneu corridor, will strengthen domestic connectivity and regional trade flows. Growing multilateral support, including USD150 million in World Bank financing signed in April 2026, underscores rising international confidence in Gabon's economic trajectory, and the Plan National de Croissance et de Développement 2026-2030 sets out an ambitious roadmap prioritising macroeconomic stability, infrastructure and private sector participation.

This edition further highlights the deepening of Gabon's financial sector, with a December 2025 partnership with the United Nations Capital Development Fund to modernise digital financial services marking a significant step towards broader financial inclusion.

The full Country Brief offers a timely and detailed portrait of an economy in transformation, capturing the resource wealth, industrial ambition and growing multilateral confidence that make Gabon one of Central Africa's most compelling economic stories.

Dr. Yemi Kale, Afreximbank’s Group Chief Economist and Managing Director: Research noted: “Gabon’s resource endowment, strategic Atlantic location and commitment to higher-value local processing present important opportunities to deepen trade and investment. The country’s diversification agenda, including special economic zones, infrastructure development and expanded manganese processing, can help strengthen industrial capacity, create value-added exports and broaden economic activity beyond hydrocarbons.”

Read more in the Afreximbank Country Brief on Gabon here (https://apo-opa.co/3UaY5xU):

Media Contact:

Vincent Musumba

Communications and Events Manager (Media Relations)

Email: press@afreximbank.com

Follow us on:

X: https://apo-opa.co/4igamdF

Facebook: https://apo-opa.co/4svpp6y

LinkedIn: https://apo-opa.co/3W8JAeB

Instagram: https://apo-opa.co/4BxHNji

About Afreximbank:

African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa's trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2025, Afreximbank's total assets and contingencies stood at over US$48.5 billion, and its shareholder funds amounted to US$8.4 billion. Afreximbank has investment grade ratings assigned by China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), GCR (A), Japan Credit Rating Agency (JCR) (A-), Moody's (Baa2) and S&P Global Ratings (BBB+). The Bank is headquartered in Cairo, Egypt. Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, "the Group"). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com

Promotional placements are separate from our editorial coverage.