The Gabonese government is steering the nation toward a new economic paradigm, pivoting away from its traditional reliance on oil revenues. With petroleum production in decline, officials are doubling down on the mining sector, launching an ambitious plan backed by hundreds of millions of dollars in investment. Exploration activities are already underway across multiple provinces, with projections positioning Gabon as a global mining leader by 2030.
Government’s strategic roadmap for mining expansion
Since assuming leadership of Gabon’s Ministry of Mines seven months ago, Sosthène Nguema Nguema has overseen a sweeping transformation in the sector’s approach. The strategy includes the identification and development of nearly eight new mining sites between 2026 and 2030. Key projects include the iron ore mine at Milingui, potash extraction facilities, gold mining at Etéké, and multiple iron ore sites at Baniaka, Mébaga, and M’Bilan. These initiatives are expected to generate thousands of new jobs and position Gabon as a top-tier mineral producer.
The minister outlined ambitious growth targets, noting that the mining sector currently contributes 6% to the national economy but is on track to achieve double-digit growth in the coming years. «We aim to surpass 15-20% in sectoral growth within the next few years,» he stated.
Infrastructure and energy: the backbone of mining success
Orphée Mouelé, an economist from the Université Omar Bongo, emphasizes that the mining sector’s success hinges on robust infrastructure development. «The sector’s viability depends on constructing reliable transport networks—roads, railways, ports, and bridges—to efficiently move minerals. Equally critical is strengthening energy production capacities, as energy is the lifeblood of mining operations», he explains.
The government is also prioritizing local processing of raw materials to create additional value and employment opportunities. This initiative aligns with broader efforts to reduce dependency on raw material exports and foster industrialization.
Balancing economic growth with social impact
While the economic potential of Gabon’s mining sector is widely acknowledged, civil society groups stress the importance of ensuring tangible social benefits. Dr. Edmiaune Zouga, president of the NGO Éthique et bonne gouvernance, underscores the need for reforms that translate into improved living standards for ordinary citizens. «The true measure of success lies in how these economic gains affect the average Gabonese. It’s essential that every citizen feels the positive impact on their daily lives», she asserts.
The government’s commitment to inclusive growth is reflected in its dual focus on economic expansion and social equity. By leveraging the mining sector’s potential while addressing infrastructure and energy challenges, Gabon is poised to redefine its economic future.
