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.

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

Diamond on display. Photo by Jordyn St. John @ Unsplash
Are diamonds and copper pushing Botswana towards a dangerous trade crisis?
27/05/2026
4 hours ago
Eric Kasongo
Read More »
Vibrant street market scene with tuk-tuks in Egypt. Photo by Tito Zzzz @ Pexels
Can Egypt’s inflation fight trap Africa’s biggest Arab economy deeper?
27/05/2026
8 hours ago
Justice Nwafor
Read More »
A joyful couple streaming movie on phone. Photo by Askar Abayev @Pexels
Why Africa’s streaming market still struggles to attract global investors
26/05/2026
1 day ago
Kingsley Kobo
Read More »

Recent Politics

A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
How Ruto’s fuel policies triggered public outrage in Kenya
25/05/2026
2 days ago
Wanderi Kamau
Read More »
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
22/05/2026
5 days ago
Wanderi Kamau
Read More »
French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
18/05/2026
1 week ago
Brandon Orion Mensah
Read More »

Latest Posts

Latest news insights

Diamond on display. Photo by Jordyn St. John @ Unsplash
Read More »
Are diamonds and copper pushing Botswana towards a dangerous trade crisis?
Vibrant street market scene with tuk-tuks in Egypt. Photo by Tito Zzzz @ Pexels
Read More »
Can Egypt’s inflation fight trap Africa’s biggest Arab economy deeper?
A joyful couple streaming movie on phone. Photo by Askar Abayev @Pexels
Read More »
Why Africa’s streaming market still struggles to attract global investors
Aerial view of the National Bank of Ethiopia (NBE). Photo by AMN-English | Facebook
Read More »
Could Ethiopia’s dollar auction quietly redefine Birr market reality?
Vibrant street market scene with tuk-tuks in Egypt. Photo by Tito Zzzz @ Pexels
Read More »
Can Egypt’s inflation fight trap Africa’s biggest Arab economy deeper?
A joyful couple streaming movie on phone. Photo by Askar Abayev @Pexels
Read More »
Why Africa’s streaming market still struggles to attract global investors
Aerial view of the National Bank of Ethiopia (NBE). Photo by AMN-English | Facebook
Read More »
Could Ethiopia’s dollar auction quietly redefine Birr market reality?
Open market in Accra, Ghana. Photo by Benggriff - Own work, CC BY-SA 3.0
Read More »
Can Ghana’s cooling treasury bill demand threaten fragile economic recovery?
A joyful couple streaming movie on phone. Photo by Askar Abayev @Pexels
Read More »
Why Africa’s streaming market still struggles to attract global investors
Aerial view of the National Bank of Ethiopia (NBE). Photo by AMN-English | Facebook
Read More »
Could Ethiopia’s dollar auction quietly redefine Birr market reality?
Open market in Accra, Ghana. Photo by Benggriff - Own work, CC BY-SA 3.0
Read More »
Can Ghana’s cooling treasury bill demand threaten fragile economic recovery?
Detailed view of fiber optic cables connected to a patch panel in a data center. Photo by Brett Sayles @Pexels
Read More »
Can Namibia position itself as Africa’s next data centre powerhouse?