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

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.

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


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
29/07/2026
2 weeks ago
Vincent Nwanma
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
16/06/2026
1 month ago
Eric Kasongo
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
08/06/2026
2 months ago
Eric Kasongo
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Why Nigeria’s Osun vote could foreshadow 2027 turmoil
14/08/2026
22 hours ago
Vincent Nwanma
Read More »
Patrice Talon, Former President of Benin Photo @Patrice Talon/Facebook
Who really governs Benin? Ex-president Talon still holds the keys
13/08/2026
1 day ago
Brandon Orion Mensah
Read More »
Football fans on the street of Marrakesh, Morocco. Photo by Graddes @ Unsplash
Will Morocco’s $20bn World Cup gamble deliver growth?
12/08/2026
2 days ago
Justice Nwafor
Read More »

Latest Posts

Latest news insights

Ghanaian businessman Ibrahim Mahama. Photo by Wikimedia Commons
Read More »
Ibrahim Mahama: Ghana’s mining mogul building a regional empire
Johannesburg, South Africa. Photo by Sizwe Shabalala @ Pexels
Read More »
Can South Africa cut rates without sacrificing stability?
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Read More »
Why Nigeria’s Osun vote could foreshadow 2027 turmoil
A busy port. Photo by Dominik Luckmann @ Unsplash
Read More »
Is Ethiopia too dependent on Djibouti? Debt exposes the risk
Johannesburg, South Africa. Photo by Sizwe Shabalala @ Pexels
Read More »
Can South Africa cut rates without sacrificing stability?
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Read More »
Why Nigeria’s Osun vote could foreshadow 2027 turmoil
A busy port. Photo by Dominik Luckmann @ Unsplash
Read More »
Is Ethiopia too dependent on Djibouti? Debt exposes the risk
Patrice Talon, Former President of Benin Photo @Patrice Talon/Facebook
Read More »
Who really governs Benin? Ex-president Talon still holds the keys
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Read More »
Why Nigeria’s Osun vote could foreshadow 2027 turmoil
A busy port. Photo by Dominik Luckmann @ Unsplash
Read More »
Is Ethiopia too dependent on Djibouti? Debt exposes the risk
Patrice Talon, Former President of Benin Photo @Patrice Talon/Facebook
Read More »
Who really governs Benin? Ex-president Talon still holds the keys
An electric car being charged. Photo by Mike Bird @ Pexels
Read More »
Can Ghana’s ride-hailing boom rescue its electric transition?