Search

Can Gabon’s digital push break the oil curse at last?

Aerial shot of multiple offshore oil platforms. Photo by Aron Razif @ Pexels
Aerial shot of multiple offshore oil platforms. Photo by Aron Razif @ Pexels
  • Digital sector surges, but poverty remains entrenched
  • Tech-led diversification faces governance and skills hurdles

 

LIBREVILLE, GABON — Oil-rich Gabon is racing to reinvent its economy through digital transformation, but deep structural challenges raise doubts about whether growth will translate into widespread prosperity.

Gabon ought to be one of Africa’s wealthiest nations. With a population of just 2.6 million, oil production exceeding 200,000 barrels per day, and exports spanning manganese and timber, the country’s resource base is formidable. Yet the lived reality tells a different story. Around 35% of the population lives below the poverty line, while unemployment hovers near 20%, reflecting a disconnect between national wealth and household welfare.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


By signing in, you agree to receive Allen Dreyfus newsletters and updates. You can unsubscribe at any time.

Recent Business

A Ghanaian farmer spreads cocoa beans to dry under the sun. Photo by Zeal Creative Studios @ Pexels
West Africa’s cocoa crisis deepens: Can farmers survive?
Read More »
Photo by Focus Graphite
Uganda graphite advances. Will NASA testing unlock sales?
Read More »
Foodstuff being moved to the market in Accra, Ghana. Photo by Zeal Creative Studios @ Pexels
Nigeria’s poor spend beyond earnings. Can reforms deliver?
Read More »

Recent Politics

Foodstuff being moved to the market in Accra, Ghana. Photo by Zeal Creative Studios @ Pexels
Nigeria’s poor spend beyond earnings. Can reforms deliver?
Read More »
Fuel tanker truck navigating city roads. Photo @ Pexels
Can West Africa afford its rising fuel subsidies?
Read More »
Photo by Fran Ben @ Pixabay | Senegal
Can Senegal’s budget revolt derail its IMF rescue?
Read More »

Latest Posts

Latest news insights