The African Export-Import Bank (Afreximbank) has published its Gabon Country Brief, detailing the nation’s macroeconomic outlook, trade performance, financial sector development, and debt sustainability.
The report describes Gabon as one of Africa’s richer economies, projecting a real GDP per capita of approximately USD 8,641 for 2026. With a population of 2.7 million, Gabon is strategically positioned on the Atlantic Coast, providing access to global shipping routes via its ports, Owendo and Port-Gentil.
Gabon boasts a commodity-rich economy and is set for real GDP growth of 3.3% in 2026, supported by increasing hydrocarbon revenues. Inflation is expected to remain low at 2.3%, well within the limits set by the Economic and Monetary Community of Central Africa (CEMAC).
The brief highlights Gabon’s substantial resource base, including being one of the largest producers of manganese, vital for steel and electric vehicle batteries. While manganese is gaining importance as an export commodity and attracting foreign investment, the country’s exports still largely rely on crude oil. Goods and services trade rebounded sharply from USD 9.1 billion in 2020 to USD 17.4 billion in 2024, with a consistent trade surplus.
The report also discusses Gabon’s diversification plans, where the government is establishing special economic zones to enhance private investment in higher-value processing and manufacturing. Notable among these is the Nkok SEZ near Libreville, alongside additional zones at Inkolo and Mpassa-Lebombi, with another planned near Port-Gentil. A proposed ban on raw manganese exports starting January 2029 aims to encourage local processing.
Infrastructure investment is highlighted as crucial for Gabon’s economic transformation. The government allocated USD 197 million for infrastructure in 2025, more than double the amount from the previous year. Planned projects, such as the 166 km Kougouleu-Medouneu corridor, will improve domestic connectivity and regional trade. Increased international support, including USD 150 million from the World Bank, reflects growing confidence in Gabon’s economic direction, alongside the Plan National de Croissance et de Développement 2026-2030 that emphasises macroeconomic stability, infrastructure, and private sector involvement.
Additionally, the brief indicates advancements in Gabon’s financial sector, marked by a partnership with the United Nations Capital Development Fund in December 2025 to enhance digital financial services and promote financial inclusion.
Dr. Yemi Kale, Afreximbank’s Group Chief Economist, remarked, “Gabon’s resource endowment, strategic Atlantic location, and commitment to local processing offer significant opportunities to boost trade and investment. The country’s plans for diversification and infrastructure development can strengthen industrial capacity and expand economic activities beyond hydrocarbons.”
