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30-10-2014 22:52:00 | by: Administrator | hits: 19349003 | Tags:

Gabon Special Economic Zone rebrands as ARISE, AFC increases shareholding
30-01-2020 | 11:23:00
Gabon Special Economic Zone has gone through a reorganisation that has resulted in the creation of three separate verticals.
[Gabon] BW completes second production well of the Tortue phase 2 development
22-01-2020 | 10:27:00
BW Energy announces the successful completion of the second production well of the Tortue Phase 2 development in Dussafu Marin permit offshore Gabon.
VAALCO restores production at Etame wells, offshore Gabon
22-01-2020 | 08:21:00
VAALCO Energy announces that the company has sucessfully restored production at Etame 10H well and Etame 4H Well, located offshore Gabon.
UK exports boost infrastructure projects in Africa
21-01-2020 | 09:45:00
The International Trade Secretary announced at the UK-Africa Investment Summit that UK Export Finance (UKEF) has provided financing worth £620 million to support UK exports to Ghana, Zambia, Gabon and Uganda.
[Gabon] VAALCO Etame well completed, placed on higher than anticipated production rate
09-01-2020 | 11:28:00
VAALCO Energy announces that the Etame 11h development well has been successfully completed and placed on production at higher than anticipated rate.
[Gabon] Vaalco’s Etame development well completed, placed on higher than expected rate
03-12-2019 | 14:16:00
VAALCO, Houston, USA based, independent energy company announces Etame 9H development well has been successfully completed and placed on production at higher than anticipated rate.
ONE-Dyas reaches agreement to extend its participation in the Kowe project, Gabon
26-11-2019 | 07:28:00
ONE-Dyas, a Dutch oil and gas firm has successfully concluded its negotiations with the Gabonese authorities in relation to its interest in the Kowe block.
VAALCO aims for additional production in Gabon
30-10-2019 | 14:34:00
VAALCO has begun drilling the Etame 9H horizontal development well targeting the Gamba formation as earlier planned and if successful, the Etame 9H well is expected to result in additional production coming online in December.
[Gabon] VAALCO confirms oil discovery with Etame 9P appraisal wellbore
22-10-2019 | 06:58:09
VAALCO Energy announced that the Etame 9P appraisal wellbore, targeting the subcropping Dentale reservoir beneath the VAALCO-operated Etame field offshore Gabon, was successfully drilled to a total depth of 10,260 feet.
AfDB and partners launch pilot Cities Diagnostics tool in five cities
08-10-2019 | 07:56:00
“The urban opportunities far outweigh the challenges,” said Prof. Davis G. Mwamfupe, the Mayor of Dodoma, Tanzania, during his message to the Cities Leadership workshop, launching the City Diagnostics for five pilot cities in Africa.
VAALCO Energy announces commencement of 2019/2020 drilling campaign at Etame, offshore Gabon
17-09-2019 | 10:50:00
VAALCO Energy announces that the Company has commenced its 2019/2020 drilling campaign and spud the Etame 9P appraisal wellbore at the Etame field offshore Gabon.
BW kicks off drilling campaign on Dussafu Marin permit, offshore Gabon
13-08-2019 | 06:26:00
In partnership with Panoro, (''Panoro Energy'') BW (''BW Energy'') has commenced the drilling of an exploration well at the Hibiscus Updip prospect on its Dussafu Marin permit, offshore Gabon.
[Angola] VAALCO pays $4.5 million settlement fee to ANPG for offshore block termination
23-07-2019 | 11:38:25
VAALCO Energy announced that the Company has paid $4.5 million to ANPG, as National Concessionaire, under the terms of the previously announced Settlement Agreement executed earlier this year.
AfDB signs agreement to open Central Africa regional headquarters in Yaoundé, Cameroon
09-07-2019 | 06:22:00
The African Development Bank (AfDB) Group signed an agreement with Cameroon to open its regional headquarters in the country’s capital, Yaoundé, reinforcing its goal to get closer to member states.
N'Djamena, Kinshasa, Libreville and Lagos are Africa’s most expensive cities, Mercer Survey
26-06-2019 | 11:25:00
According to Mercer's 25th annual Cost of Living Survey N'Djamena, Chad takes the lead as the highest-ranking city in Africa.
Globalstar successful completes MSS and terrestrial authorizations across Africa
20-06-2019 | 09:53:00
Globalstar has announced that it has received MSS and terrestrial authorizations in South Africa, Mozambique, Gabon, and Rwanda.
[Gabon] Japan, UNIDO invest in food security, women projects
16-04-2019 | 17:11:22
The Government of Japan has agreed to fund a $ 419, 682 project to improve livelihoods in Gabon through strengthened food security.
Vivo Energy concludes transaction with Engen, expands Africa network from 15-23 countries
07-03-2019 | 09:29:00
Vivo Energy has announced its conclusion with Engen Holdings transaction, leading to expansion of its service station network to 8 new countries in Africa.
[Gabon] AfDB invests €40 million to modernize port of Owendo
08-01-2019 | 06:15:00
The African Development Bank has invested €40 million to modernize the Owendo International Port.
AfDB and Entreprenarium launch master classes for 200 women entrepreneurs
12-12-2018 | 10:53:27
The African Development Bank, as part of its Initiative to Support Access to Women in Africa (AFAWA), in partnership with Entreprenarium, has launched training sessions for 200 women entrepreneurs.
[Gabon] Bolloré Logistics starts operations at new logistics hub
04-12-2018 | 13:56:34
Bolloré Logistics has opened a new logistics hub in Lastourville, Gabon.
Gabon receives € 100 million from AfDB to consolidate economic reforms
28-11-2018 | 09:22:28
In 2016 and 2017, the African Development Bank granted two budget support to Gabon , to support the country's reforms.
AfDB partners with Entreprenarium to build capacity of 1,000 women entrepreneurs in Africa
27-11-2018 | 10:59:00
The African Development Bank (AfDB), as part of its African Women's Access to Finance Initiative (AFAWA), is partnering with Entreprenarium to build the capacity of 1,000 women entrepreneurs on the continent.
Afreximbank grants € 30 Million facility to CDC Gabon to support operators at Special Economic Zone
13-11-2018 | 06:48:41
The African Export-Import Bank has signed an agreement granting an EUR 30 million revolving trade financing facility to CDC Gabon to support operations of the tenants of the Gabon Special Economic Zone.
ENGIE to build 8 hybrid solar power plants in Gabon
06-08-2018 | 11:20:00
ENGIE has signed an agreement with CDC, the Gabonese financial institution Caisse des Dépôts et Consignations, to deploy eight hybrid solar power plants in Gabon, representing a combined capacity of 2.2 MW.
GIMAC and TerraPay to grow remittances in Central African states
11-07-2018 | 10:59:00
GIMAC, the regional electronic money transfer platform of Central Africa and TerraPay, the world’s first mobile payments switch have signed a partnership to strengthen the remittances ecosystem in CEMAC region.
AIIM acquires 50% stake in airport holding company, SEGAP
03-07-2018 | 10:39:00
African Infrastructure Investment Managers today announces its acquisition of a 50% stake in Société d’Exploitation et de Gestion Aéroportuaires, a holding company with an established portfolio of airport investments across West and Central Africa.
[Gabon] Bolloré, SETRAG and timber firms set up logistics hub
19-06-2018 | 09:21:00
Bolloré Transport & Logistics, SETRAG and four forestry and timber companies in Gabon have partnered in a project that seeks to reduce intermediaries in the transportation of raw material at the port of Owendo.
UNECA launches campaign to have Central African states operationalize preferential tariff to ease trade
19-04-2018 | 10:30:00
The United Nations Economic Commission for Africa is launching a campaign to have all countries of the Economic Community of Central African States operationalize the ECCAS Preferential Tariff one of the instruments for easing trade in the zone.
Afreximbank, Development Bank of Central African States in pact to promote trade and regional integration
14-03-2018 | 06:08:24
The African Export-Import Bank, Afreximbank, and the Development Bank of Central African States have entered into a memorandum of understanding to harmonize their efforts in the promotion of trade and regional integration.
African Development Bank supports Gabon's optic fiber backbone project
26-02-2018 | 10:23:11
The African Development Bank and the Gabonese National Agency for Numerical Infrastructure and Frequency have signed agreements for a feasibility study for the country’s component of the Central African Backbone project.
BIOCAD launches plant in Morocco, eyes Senegal, Gabon and Côte d’Ivoire
29-11-2017 | 12:52:48
Russian biotechnology company BIOCAD and Moroccan pharmaceutical company Sothema Labs have announced the launch of medicines derived using the technology provided by the Russian manufacturer into the North African market.
Ethiopian Airlines increases flight frequency to Yaoundé & Libreville
06-11-2017 | 09:02:00
Africa’s largest airline group, Ethiopian Airlines, is pleased to inform its customers that it will add a 6th weekly service to and from Yaoundé & Libreville effective November 3, 2017.
Assala Energy completes acquisition of Shell Gabon onshore assets for $628 million
02-11-2017 | 08:29:15
Carlyle-backed Assala Energy has completed the acquisition of Shell’s onshore assets in Gabon, Africa, for a total of USD $628 million including an amount equivalent to interest.
[Gabon] United Bank of Africa trains eyes on electronic payment with new Debit Mastercard
21-07-2017 | 12:25:12
United Bank for Africa (UBA) has announced the rollout of the Debit Mastercard card in Gabon to financially support its citizens.
Afreximbank’s support to Gabon economy reaches $200m
10-07-2017 | 05:00:00
The African Export-Import Bank has provided a total of $200 million in financing to date to support the Gabonese economy.
ION expands West African 2D data library with acquisition of offshore Gabon programme
22-06-2017 | 09:51:12
ION Geophysical Corporation has announced a new 2D multi-client program offshore Gabon, EquatorSPAN™ II, in cooperation with the Gabon Ministry of Petroleum and Hydrocarbons.
Gabon creates 20 marine protected areas
12-06-2017 | 07:22:46
Gabon President Ali Bongo Ondimba has said that his government has created a network of 20 marine protected areas in Gabon, consisting of nine marine parks and 11 aquatic reserves covering 26% of Gabon's territorial waters.
[Gabon] President announces the creation of 20 marine protected areas
09-06-2017 | 07:09:00
President Ali Bongo Ondimba announced on Monday, in a speech delivered at the United Nations headquarters, that his government has created a network of 20 marine protected areas in Gabon.
Gabon in $150 million project to strengthen statistical system
13-04-2017 | 12:59:26
The World Bank Board of Executive Directors has approved an International Bank for Reconstruction and Development (IBRD) loan of $50 million equivalent to strengthen Gabon’s statistical system.
[Gabon] Assala Energy acquires Shell assets for $587 million
03-04-2017 | 11:41:05
Assala Energy has announced the acquisition of Shell’s onshore assets in Gabon, Africa, for $587 million. Assala Energy will also assume associated liabilities, including a loan of $285 million. Assala Energy is a portfolio company owned by global alternative asset manager The Carlyle Group.
Nine African countries commit to protect Congo Basin with Blue Fund
10-03-2017 | 07:19:43
Ministers from nine African nations (Morocco, Angola, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Gabon, the Republic of the Congo and Rwanda) have today gathered in Oyo at the invitation of the President of the Republic of the Congo to sign a Memorandum of Understanding on the creation of the Congo Basin Blue Fund.