Gabon aims for 7% economic growth by 2030

After a decade where the national economy has struggled to exceed a 5% growth threshold, President Brice Clotaire Oligui Nguema has announced a strategic shift to move Gabon away from its historical rentier model.

Breaking the cycle of the rentier economy

The Head of State has identified the current economic stagnation as a direct consequence of a model that fails to produce inclusive growth. He noted that relying on the export of raw materials like oil and manganese is essentially exporting potential domestic jobs.

Three pillars for a new economic era

To transform the nation’s trajectory and build a robust economy that prioritizes local employment, the administration is focusing on three fundamental axes:

• Systematic industrialization through the local transformation of raw natural resources.
• Economic diversification, with significant investments directed toward the services and agricultural sectors.
• Refining the business climate to create a transparent and attractive environment for investment.

The PNCD 2026-2030: A catalyst for renewal

This new vision is being implemented through the National Growth and Development Plan (PNCD) 2026-2030. This ambitious roadmap aims to accelerate Gabon’s growth rate to a level between 6% and 7%.

The PNCD focuses on high-potential sectors, including the processing of manganese, the development of cattle and poultry industries, the expansion of the digital sector, and the valuation of forest assets within carbon markets.

President Brice Clotaire Oligui Nguema emphasized that Gabon has always possessed the necessary resources, but lacked the governance to manage them effectively. With governance now restored, the goal is to position Gabon as one of the most dynamic economies on the continent by 2030.