Gabon urged to upgrade SOGARA refinery to cut fuel imports

As a leading oil producer in Central Africa, Gabon grapples with a persistent economic paradox: its heavy reliance on refined fuel imports. To address this vulnerability, the Bank of Central African States (BEAC) is urging authorities in Libreville to expedite the modernization of the Gabonese Refining Company (SOGARA), a move deemed essential to ease public finances and safeguard regional foreign exchange reserves.

By Nicolas Biyong — Political and economic news