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Gabon — Africa’s least African country?

April 28, 2010

bongoTucked between Cameroon and Congo Republic on Africa’s Atlantic coast is Gabon, a country much unlike its neighbours.

Many other African countries face problems that Gabon’s President Ali Bongo has the luxury of not needing to worry about.

Domestic insurgencies and armed rebel groups, the ruin caused by recent civil war, the presence of al Qaeda, refugees, rapid population growth, an economy dependent on aid rather than exports, an army inclined to overthrow its own president — Gabon is not bedevilled with such troubles.

By contrast, Gabon is a picture of stability and relative wealth, densely forested and lightly populated, with an economy fuelled by rich energy deposits.

But that’s not to say the country is without difficulties.

The oil reserves that provide most of the country’s export income are dwindling, demanding the government does all it can to profit from its other natural resources such as minerals and
timber, a need Bongo recognises.

And while Gabonese per capita gross domestic product of $13,900 is around four times that of its neighbours, most of the country’s wealth is in the hands of a minority. The gap between rich and poor is  huge — an issue not yet fully addressed by Bongo, who took over the presidency after his late father’s four decades of rule in elections last year.

For investors, the risks in Gabon are different to the risks in many other African countries.

In Gabon, investors say the main problems are connected with a deadening bureaucracy, slow pace of work and poor infrastructure, rather than worrying about having their contracts torn up, being subject to long, unclear and often politically motivated reviews, or having to deal with sudden changes in government.

The Belinga iron ore deposit is one exception in that the government has said it will review the 2006 contract it signed with a Chinese firm, but it seems unlikely Gabon will strip the Chinese of their rights.

China’s vice-minister of commerce, visiting Gabon last week, spoke about the contract with Bongo. And with the Chinese having promised to build Gabon a “Friendship Stadium” for football matches in the 2012 African Cup of Nations, co-hosting of which is a source of national pride, there will be little appetite for disturbing Sino-Gabonese ties.

Bongo need not worry about domestic opposition. Having blown their chance to take him head on in the presidential election last year, the still disparate opposition parties continue to squabble about their own leadership.

It is difficult to judge approval ratings, and many people are wary of criticising Bongo in public, but there is little sense that street-level discontent is rising, and the Gabonese population is largely unarmed and unradicalised.

Gabon, far more insulated from political instability than any other country in the region, has in Bongo a president who claims to be a reformer, and who appears able to count on international support and patience as he attempts to modernise his country’s system of government.

It’s no small challenge, effectively ending 40 years of patronage without denouncing his father’s tenure, and shifting from that system to accountable, progressive government. But Bongo has a chance. Given his country’s advantages, he will have no excuses if he fails.

Comments

Gabon is, by many accounts, not different from many African countries, perhaps in their least modern features: It is a dynasty, whether Ali Bongo was fairly elected or not. The mere fact that the son succeded his father after the latters’ long rule (1969-2009) removes the little credibility that the leaders claim they are about to achieve. Moreover, like elsewhere in Africa, ethnicity is not a simple equation (some groups are also found in Equatorial Guinea and Cameroon), wealth is controled by not even an ethnic group but a clan, and a former colonial power is still very much pulling the strings. So the relative stability currently enjoyed may not get very far unless wealth is better distributed. Nevertheless, StrategiCo. currently rates Gabon’s risk as moderate, 9/14. http://www.strategico.org

Posted by lydieboka | Report as abusive
 

So wait. To be a real African Country you have to have armed rebel groups, ruined by war, house terrorist, and have no political stability?

And here I was thinking that you just needed to be a country on the continent of Africa.

Posted by Hyrcan | Report as abusive
 

” Chinese having promised to build Gabon a “Friendship Stadium” for football matches in the 2012 African Cup of Nations “: is that all we African people can negociate ?
Are we just good to play football …? Or can someone explain me how can such investments turn into growth propulser or wealth disparities (as highlited above )reducer …?

Posted by JoMaja | Report as abusive
 

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