Facilitating access to education for all
Reviving the agriculture sector
Reconciling biodiversity protection and rational exploitation
Making healthcare accessible to all, everywhere
Promoting cohesion in the country with the Transgabonais
Gabon, a country in Equatorial Africa located in the Gulf of Guinea, has 1.8 million inhabitants and one of the highest GDPs per capita in Sub-Saharan Africa. It is the second largest economic power in the region.
The country, nicknamed “the world’s second lung” after Amazonia, has vast forestry resources. It also benefits from arable land and favorable climatic conditions for agriculture.
However, it does stand out for its socioeconomic characteristics, which are unusual for a country in this income bracket: 21% of the population lives below the poverty line and there are persistent income inequalities. The situation on the labor market also gives cause for concern: the unemployment rate stands at 28%, and is particularly high among young working people (almost 37%). Gabon’s growth model is fragile and insufficiently diversified: economic growth and the level of public investment are heavily dependent on sustained high oil prices. The country is also seriously lagging behind in the development of infrastructure (transport, sanitation) and in social and educational services (health, education).
The country’s development policy is set out in the Emerging Gabon Strategic Plan (PSGE) prepared in 2009. This plan defines the guidelines to make Gabon an emerging country by 2025. AFD is supporting the implementation of the PSGE and committed some EUR 800m between 2010 and 2017.