Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

VAALCO Energy to Invest $300 Million in Gabon by 2025

Allen dreyfus Logo
© Allen Dreyfus

Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Investment in Etame oil field aims to boost Gabon’s economy
  • Commitment to 80% Gabonisation of workforce

 

Libreville, Gabon – American oil company VAALCO Energy has announced plans to invest up to $300 million in Gabon by 2025. The investment will be focused on the firm’s Etame oil field situated off the coast of Gabon’s capital, Libreville, the company revealed this week during a meeting between CEO George Maxwell and Gabon’s economy minister, Mays Mouissi.

Stay ahead with Real time Updates

Recent Business

A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
Borrowing again: Why Africa’s Eurobond comeback could haunt 2026
19/12/2025
1 day ago
Kent Mensah
Read More »
Payment system. Photo by Nathana Rebouças @ Unsplash
SADC cross-border payments hit record $15.7bn as regional trade flows accelerate
19/12/2025
1 day ago
Eric Kasongo
Read More »
Usakos, Namibia. Photo @ Unsplash
Namibia GDP growth slows to 1.9% in Q3 2025
19/12/2025
1 day ago
Vitalio Angula
Read More »
Custom Research

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
16/12/2025
4 days ago
Brandon Orion Mensah
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
09/12/2025
1 week ago
Wanderi Kamau
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
07/12/2025
1 week ago
Kent Mensah
Read More »

Latest Posts

Latest news insights

A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
Read More »
Borrowing again: Why Africa’s Eurobond comeback could haunt 2026
Payment system. Photo by Nathana Rebouças @ Unsplash
Read More »
SADC cross-border payments hit record $15.7bn as regional trade flows accelerate
Usakos, Namibia. Photo @ Unsplash
Read More »
Namibia GDP growth slows to 1.9% in Q3 2025
Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
Read More »
Benin bond sale draws scrutiny as Togolese investors take entire $165mn issue
Payment system. Photo by Nathana Rebouças @ Unsplash
Read More »
SADC cross-border payments hit record $15.7bn as regional trade flows accelerate
Usakos, Namibia. Photo @ Unsplash
Read More »
Namibia GDP growth slows to 1.9% in Q3 2025
Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
Read More »
Benin bond sale draws scrutiny as Togolese investors take entire $165mn issue
railway-1555348_1920
Read More »
US backs Angola rail corridor to reshape global critical minerals supply chains
Usakos, Namibia. Photo @ Unsplash
Read More »
Namibia GDP growth slows to 1.9% in Q3 2025
Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
Read More »
Benin bond sale draws scrutiny as Togolese investors take entire $165mn issue
railway-1555348_1920
Read More »
US backs Angola rail corridor to reshape global critical minerals supply chains
Eurobond trading. Photo by Willfried Wende @ Unsplash
Read More »
Congo raises $260mn in Eurobond tap as debt pressures persist