Course summary (Business in Gabon)
The economic welfare of Gabon, its geographical position, political
stability and social guarantees have already promoted many foreign investors to locate in Gabon.
The position of Gabon (Atlantic coast, bordering the economies of Central Africa) allows him to become a truly international platform, a strategic
point for access to Central African markets.
Gabon is member of the Economic Community of Central African States (ECCAS)
The growth of non-oil sector was robust, driven by rising commodity
prices. The Gabonese economy has slowed because of the impact
of the global crisis on the 3 leading sectors of the Gabonese economy: timber, manganese and oil.
Gabon has 23 oil companies, including 9 North American, 5 European, 2 Australian, 2
South African, and
1 from the People's Republic of China.
The 2 biggest producers, Shell Gabon (3.5 million tones) and Total Fina Elf became Total (5 million tones) were both on 70% of the Gabonese
Oil.
Example of the course doing business in Gabon:
To guarantee the exploitation of its natural resources, Gabon has put in place a legal and fiscal framework for
Foreign direct investment (FDI).
- The creation in 2002, of the Agency for
Promotion of Private Investment (APIP). The main objective is to advice to foreign investors, and
facilitating administrative procedures related to business creation.
- The creation in 2005 of the Free Zone Mandji (Port-Gentil).
Gabon is a member of: United Nations, World Bank, International Monetary Fund, United Nations Food and Agriculture Organization (FAO), World Health
Organization (WHO), World Trade Organization (WTO), African Development Bank, Islamic Development Bank,
Organization of the Islamic Conference (OIC), ECA Nations Economic Commission for Africa, International Organization of la Francophonie, African Union,
New Partnership for Africa's Development (NEPAD),
Cotonou Agreement,
Organization Islamic Conference,
Economic Commission for Africa (UNECA), CEMAC Economic and Monetary Community of
Central Africa ... Gabon
is a beneficiary of the Act on the growth and opportunities in Africa (AGOA),
Border countries:
Equatorial Guinea, Congo and
Cameroon.
Company Komo.
The Komo Company is a holding of shares in the share capital of 9019800000 FCFA
fully paid. The Company has Komo's financial participation in many societies in Africa and Europe. It is involved in the management and
administration of its subsidiaries diversified in commerce, industry,
International trade of services, new technology and
finance.
The Industrial Society of Gabon, is a limited company with a capital
of 950 billion CFA francs. Created in Libreville in 1975, SOGI in Gabon is a
leader in the construction sector industrial and one of the 1st players on the Central Africa region. The activities of SOGI relate exclusively the domain industrial boiler
usually heavy-duty equipment, shipbuilding, fine metalwork, carpentry and metal locks, aluminum carpentry, diesel fuel injection and trading
of spare parts. SOGI is a subsidiary of Compagnie du Komo managed by the Group
SOGAFRIC. The complementarily of International trade in the service of industrial equipment.
