Gabon Food and Drink Report Q2 2015

BMI Research
February 18, 2015
48 Pages - SKU: BMI5470785
Countries covered: Gabon

Gabon Food and Drink Report Q2 2015

President Ali Bongo has proved to be a much more active economic reformer than his father, working hardto court foreign investors into Gabon and diversify the economy away from stagnating oil production. Hehas invested in infrastructure, brought in foreign experts and launched an ambitious programme of socialspending to address widespread poverty. However, we stress that government targets of transforming thecountry into a major economic centre by 2025 are unreasonably optimistic. Gabon's small workforce,limited domestic market and opaque business environment will all pose obstacles to economicdiversification.

Oil-rich Gabon has traditionally been one of Central Africa's most stable countries, but a wave of protestsand strikes is yet another sign that Bongo's government is facing rising popular opposition. We predict thatthe situation will deteriorate in early 2015.



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