June 25, 2026

The Panafrican Press

English-language platform committed to rigorous, independent journalism across the African continent.

Gabon targets 7% growth rate by 2030

For over a decade, Gabon’s economy has remained stuck below the 5% growth mark. Now, President Brice Clotaire Oligui Nguema is announcing a historic break from the country’s longstanding rentier model.

During an interview on 24 June 2026, he laid out a strategic roadmap designed to awaken the nation’s economic potential.

Breaking with the rentier illusion

According to the head of state, the diagnosis of Gabon’s economic stagnation is clear: “Gabon has lived on a rentier model that creates no growth, let alone inclusive growth.”

Highlighting the raw export of oil and manganese, the president pointed to a major economic flaw: “Exporting raw materials means exporting our jobs.”

Three pillars of a new economic era

To correct this trajectory and build a robust, job-creating economy, the president’s strategy rests on three fundamental pillars:

  1. Systematic industrialisation through local processing of raw materials.
  2. Economic diversification, with a strong push toward agriculture and services.
  3. Improving the business climate to create an attractive, investment-friendly environment.

The PNCD 2026-2030: A recovery engine

This vision takes concrete form through an ambitious programme: the National Plan for Growth and Development (PNCD) 2026-2030.

The action plan aims to lift the country’s growth rate to an unprecedented level, between 6% and 7%.

The PNCD targets strategic, future-oriented sectors: manganese processing, development of poultry and cattle farming, expansion of digital services, and valorisation of Gabon’s forest wealth through carbon markets.

“Gabon has the resources. What was missing was governance. We have restored it,” said Brice Clotaire Oligui Nguema.

By linking economic ambition to the return of rigorous governance, the president intends to position Gabon among the continent’s most dynamic nations by 2030.