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Countries / Territories

Gabon

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Country Brief

Gabon is a resource-rich country and the fifth largest oil producer in Sub-Saharan Africa. Gabon is faced with declining oil production, which has been the backbone of its economy since it gained independence. The country is also well endowed with arable land, forest, and mineral resources. It has extraordinary biodiversity, as well as rich deposits of magnesium and iron ore. It is Sub-Saharan Africa’s second-largest exporter of manganese. Gabon has been politically stable since its independence and has played a strategic role in promoting peace and stability in the region. Gabon is a member of the main regional bodies for economic co-operation such as ECCAS and CEMAC, but poor diversification and the lack of communication infrastructure in the region has served to hamper efforts at regional integration. Gabon aspires to become an emerging country by 2035.