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Stock Market / Finance in Gabon

  • IMF deal to support diversification and stability in Gabon

    GABON, 2017/07/31 A new package of international support looks set to boost Gabon’s medium-term recovery programme next three years of a deteriorating fiscal position. On June 19 the IMF approved a three-year transaction for Gabon as part of its extended fund facility to the Central African country. The programme is worth $642m and secures an immediate disbursement of about $98.8m. The rest of the package is to be disbursed in phases, following semi-annual reviews and on the condition that the government institutes a range of structural reforms.
  • Gabonese Economy Minister, Luc Oyoubi

    GABON, 2013/12/12 Gabon has raised about US$ 1.5 billion from the international market, a PANA correspondent quoted the Gabonese Economy Minister, Luc Oyoubi, as saying on National Radio-Television on Monday. According to the minister, the all is the major an African country, south of the Sahara, has been able to raise from the international market.
  • New regional insurance regulations,

    GABON, 2013/06/13 New regional insurance regulations, alongside a rise in activity in the agricultural sector, could pave the way for microinsurance providers to push into an as from presently on untapped market. The new regulations, introduced in April 2012 by the Inter-African Conference on Insurance Markets (Conférence Interafricaine des Marchés d’Assurances, CIMA), are aimed at promoting the increase of microinsurance in member states by creating incentives for investors.
  • Public sector finance reform in Gabon

    GABON, 2013/05/11 The European Union gives Gabon 942,000 euro for public sector finance reform - The European Union has given Gabon 942,000 Euros under an agreement aimed at supporting reform of public sector finance in the Central African national. A communiqué issued by the EU Delegation to Gabon on Friday in Libreville said the protocol signed by the two parties was part of the support programme for governance.