Search
Login
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.

You need an active subscription to continue reading this article.

Free Trial

Recent Business

grant-durr-1Inl7fbfwCI-unsplash
Oil rush drives Namibia’s record $6bn FDI surge
15/05/2025
1 day ago
Vitalio Angula
Read More »
Breaking News
Nigeria’s inflation eases ahead of key interest rate decision
15/05/2025
1 day ago
Dulue Mbachu
Read More »
tina-guina-obV_LM0KjxY-unsplash
Cocoa and coffee surge boosts CEMAC's commodity index
15/05/2025
1 day ago
Brandon Orion Mensah
Read More »
Stay ahead with Real time Updates

Recent Politics

Allen dreyfus Logo
Ghana’s Goldbod CEO under fire for viral cash-gifting video
12/05/2025
4 days ago
Kent Mensah
Read More »
Allen dreyfus Logo
Uncertainty grows as Cote d’Ivoire opposition leader quits race
12/05/2025
4 days ago
Kingsley Kobo
Read More »
dimitry-b-D3ZojRFM8rI-unsplash
Mozambique pins recovery on gas boom—but Cabo Delgado unrest lingers
12/05/2025
4 days ago
Dulue Mbachu
Read More »

Latest Posts

Latest news insights

grant-durr-1Inl7fbfwCI-unsplash
Read More »
Oil rush drives Namibia’s record $6bn FDI surge
Breaking News
Read More »
Nigeria’s inflation eases ahead of key interest rate decision
tina-guina-obV_LM0KjxY-unsplash
Read More »
Cocoa and coffee surge boosts CEMAC's commodity index
Breaking News
Read More »
Gabon Eyes IMF Lifeline as Debt Pressures Mount
Breaking News
Read More »
Nigeria’s inflation eases ahead of key interest rate decision
tina-guina-obV_LM0KjxY-unsplash
Read More »
Cocoa and coffee surge boosts CEMAC's commodity index
Breaking News
Read More »
Gabon Eyes IMF Lifeline as Debt Pressures Mount
Breaking News
Read More »
Senegal swings to trade surplus as export revenues surge
tina-guina-obV_LM0KjxY-unsplash
Read More »
Cocoa and coffee surge boosts CEMAC's commodity index
Breaking News
Read More »
Gabon Eyes IMF Lifeline as Debt Pressures Mount
Breaking News
Read More »
Senegal swings to trade surplus as export revenues surge
pexels-kelly-1179532-17290985
Read More »
Cameroon faces debt repayment crunch as external servicing costs surge