Gabon’s mining boom: a new economic driver amid oil decline
With its oil production in steady decline, Gabon is betting big on mining to revitalize its economy. Over the past few months, the government has announced a flurry of investment plans and exploration projects across multiple provinces, signaling a strategic shift toward mineral wealth.
Mining plans take shape under new leadership
Seven months after taking office as Minister of Mines, Sosthène Nguema Nguema confirms a surge in mining activity. Government projections outline the launch of eight new mines between 2026 and 2030, focusing on iron, gold, and potash. These projects aim to generate thousands of jobs and significantly boost the sector’s contribution to the national GDP, currently at around 6%, with potential to rise to 15-20% in the coming years.
Infrastructure gaps could slow progress
Economist Orphée Mouelé, educated at Omar Bongo University, warns that the mining expansion hinges on critical infrastructure upgrades. He highlights the urgent need for modernized roads, railways, ports, and bridges to ensure efficient mineral transport. Without these investments, logistical bottlenecks could derail the sector’s growth trajectory.
Energy access remains another pressing concern. Future mining sites will demand reliable electricity supplies to power operations and support downstream industries. The government is under pressure to accelerate energy infrastructure development to meet these demands.
Civil society calls for inclusive benefits
While Éthique et Bonne Gouvernance, a local NGO, welcomes the mining sector’s revival, its president, Edmiaune Zouga, stresses the need for tangible benefits for local communities. She urges transparent revenue management to ensure mining profits translate into improved living standards for all Gabonese citizens.
