Performance of the Gabonese forest industry polity.org.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from polity.org.za Daily Mail and Mail on Sunday newspapers.
03 Juin 2021
LIBREVILLE, Gabon, June 3 (Infosplusgabon) - ARISE Integrated Industrial Platforms (ARISE IIP) a developer and operator of world-class industrial ecosystems across Africa, will officially inaugurate the Plateforme Industrielle d’Adétikope (PIA) on June, 6th 2021, under the patronage of His Excellency President Faure Gnassingbé. PIA will focus on creating thriving value chains for the textile industry in Togo, from raw material sourcing to manufacturing and exporting value-added products.
Located at 15 km north of Lomé, PIA is the result of a successful public-private partnership between the Republic of Togo and ARISE IIP. Aligned with Togo’s National Development Plan (NDP), PIA will create 35 000 jobs locally. The integrated and multi-sectoral industrial park will play a catalytic role in supporting Togo’s economic growth, regional integration and trade.
Gabon : Une redevance passager collectée à la source lors de vos prochains déplacements en avion infosplusgabon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infosplusgabon.com Daily Mail and Mail on Sunday newspapers.
Gabon’s Shift in Exports Draw Port Investment
Mar 25 | 2021
By Ope Onibokun and Robert Masumbuko
The growing importance of the non-crude sector in Gabon has been highlighted in the government’s introduction of the 2025 Gabon Emergent program, which is tagged to transform and diversify its economy and set it on a path to be a world leader in tropical timber.
Historically Gabon has been dependent on oil since 1956, with production peaking in 1997 at 370,000 barrels per day, or bpd. However, with current production at 198,000 bpd, coupled with the ongoing aftereffects of the 2014 oil crash, the benefits of a relatively comfortable GDP per capita of US$8,000, is no longer reflected in the human development indices, such as life expectancy, education, infrastructure, health care delivery and income inequality.
AfCFTAMuch attention has been devoted to the launch of the African Continental Free Trade Area (AfCFTA) on January 1, 2021. As the CEO of the pan-African provider of industrial ecosystems, I am convinced about the gains that can be achieved by uniting a market of 1.2 billion people. I am not the only one with high expectations. For the past two years, experts have bandied about a lot of ambitious figures.
I may be optimistic, but I am no less realistic. The “political” launch of the AfCFTA is a positive starting point. Now, the real challenge is to ensure that its impact materialises at scale and in a timely manner. Unless we focus on three key areas, the AfCFTA is doomed to failure. The key to the success of the AfCFTA is industrialization. Countries need to focus on developing local industries to transform and export high-value products.