| Official name | Gabonese Republic |
|---|---|
| Political capital | Libreville |
| Local currency | Franc CFA |
| Official languages | French |
|---|
Gabonese economy is mainly based on the export of oil and timber. The country, however, has a high income inequality and this affects the economic condition of the population. In 2009, due to the global crisis, there was a GDP recession of 1,4% and the country continues to face strong fluctuations in the price of oil and manganese exports. The APIP promotes foreign investments in the country. It is a support business agency for administrative procedures, in accordance with applicable laws, for the creation or dissolution of companies.
Investment opportunities:
Primary Sector: Cocoa, coffee, sugar, palm oil, rubber; cattle, okoume, fish.
Secondary Sector: Petroleum extraction and refining process, manganese, gold, chemicals, textiles, food, cement.
Tertiary Sector: Tourism.
Renowable Energies: Gabon focuses on the development of hydropower, biomass and solar energy.