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32nd Afreximbank Annual Meeting: Gabon signs two financing agreements

30/06/2025
Source : ORISHAS FINANCE
Categories: Sectors

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A l' occasion de la 32 Assembl é e annual with Afreximbank tenue à Abuja, le Gabon a signé deux accords de financement d' un montant total de plus 1700 milliards FCFA the bank Pan-African. The objective is to support the development of mining, rail and energy infrastructures.

The premier accord financing door infrastructures related to the transformation of manganese, energy and rail transport. It is valued at 3 billion USD (around 1600 billion FCFA). The second agreement, worth 200 million euros (about 112 billion FCFA), concerns the construction of three power plants in Libreville, Port-Gentil and Lambaréné, for an additional capacity of 300 megawatts.

This financing is part of the strategy of industrialization and local valorization of natural resources, led by the President of the Republic, Brice Clotaire Oligui Nguéma, in particular with a view to the exploitation of the Belinga and Baniaka deposits by 2029.

In reality, with these structuring agreements, Gabon is consolidating the foundations of a more resilient, competitive and sovereign economy, in line with the pan-African vision of economic transformation promoted by Afreximbank.

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