Gabon’s mining sector set to drive economic growth with new investments
The Gabonese government is intensifying efforts to transform its mining sector into a key driver of economic growth, following a decline in oil production. In recent months, a series of investment announcements have been made, accompanied by ongoing exploration and research initiatives across multiple provinces.
Seven months into his tenure as Minister of Mines, Sosthène Nguema Nguema reports a significant surge in mining activities. The government has outlined an ambitious plan to open approximately eight new mines between 2026 and 2030, focusing on iron ore, gold, and potash.
The initiative aims to generate thousands of jobs and substantially boost the sector’s contribution to the national economy. Currently accounting for around 6% of the GDP, mining’s share is projected to rise to 15-20% in the coming years, according to the minister.
Infrastructure challenges to overcome
Economist Orphée Mouelé, a graduate of Omar Bongo University, highlights the critical role of infrastructure in achieving these goals. He emphasizes the need for improved road networks, railway lines, ports, and bridges to facilitate the transportation of minerals efficiently.
Energy access remains another pressing concern for prospective mining sites. A reliable and sufficient electricity supply will be essential not only for mining operations but also for fostering ancillary industrial activities centered around raw materials.
Ensuring inclusive growth
The NGO Éthique et bonne gouvernance has welcomed the sector’s promising outlook while stressing the importance of tangible benefits for the local population. Its president, Edmiaune Zouga, advocates for mining revenues to directly enhance the living conditions of Gabonese citizens and ensure broad-based prosperity.
