• Gabon


    Gabon boasts a per capita income four times that of most sub-Saharan African nations. Oil was discovered offshore in the early 1970s, and the economy relied on it for about 50% of its GDP, about 70% of revenues, and 87% of goods exports in 2010. However, some fields have passed their peak production. Gabon has an abundance of natural wealth but faces fluctuating prices for its oil, timber and manganese exports. President Ali Bongo Ondimba has made efforts to increase transparency and is trying to make Gabon a more attractive investment destination.

    Name Gabonese Republic

    Capital Libreville

    Frequency of elections Every seven years

    Name of parliament National Assembly

    Parliament website www.gouvernement.ga

    Languages French, Fang, Myene, Nzebi, Bapounou/Eschira, Bandjabi

    Area 267 667 km2

    Population 1 672 597 (July 2014 est)

    Imports Machinery and equipment, foodstuffs, chemicals, construction materials

    Exports Crude oil, timber, manganese, uranium

    Currency Coopération Financière en Afrique Centrale franc

    Source: CIA World Factbook
    Image: Greatstock/Corbis