Gabon signs agreement for new 20 MW solar plant in Ngounié Province

On August 23rd, the Gabonese government validated a contract with the Turkish group Desiba Energy for the construction of a 20 MW solar power plant in Doubou, near Mouila, in the province of Ngounié.

This FCFA 17.7 bn (27 million euros) project aims at providing a kilowatt at FCFA 95 (or about US 0.15), and was finalized thanks to the signing of a framework agreement of investment with the Gabonese state, the Gabonese Presidency has announced.

President Ali Bongo Ondimba had fixed the strategic axes and actions to be carried out as part of his Emerging Gabon Strategic Plan (PSGE) about ten years ago, intended to develop abundant, competitive, sustainable and accessible energy to all.

In addition, a Transformation Acceleration Plan (PAT) intends to increase energy production capacities to 250 MW by 2023, which includes the recently executed agreement with Desiba. “This is a greenfield foreign direct investment that promotes clean energy”, declared Yves Sylvain Moussavou, Deputy Secretary General of the Government and Executive Secretary of the Transformation Acceleration Plan (PAT) in Gabon.

The objective for the Gabonese government is to diversify energy production resources to have an energy mix mainly in renewable energies.

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Gabon adopts green finance to consolidate bases for sustainable development

The Gabonese authorities intend to step up their action to improve the living environment with a particular emphasis on reducing industrial pollution and safeguarding the biodiversity of its now famous ecosystems. Aware of these challenges of sustainable development and of the transition from a “brown” economy to a “green” economy, the government is resolutely committed […]

In Kyé-Ossi, a women-led trade fair encourages regional integration

Authorities in three Central African countries of Cameroon, Gabon and Equatorial Guinea, officially launched the annual CEMAC Cross-Border Fair (FOTRAC) In August with the aim of stimulating economic activities in a region hard hit by the Covid-19 pandemic. Spread over ten days, the fair in the CEMAC zone is organized in the Cameroonian city of […]