Gabon Economic Forum 2026: fostering private sector growth and economic diversification

At the heart of Gabon’s economic ambitions lies a bold vision: transforming the nation into a diversified, industrialized powerhouse. This vision took center stage during the second edition of the Gabon Economic Forum (GEF), held at the Palais des Congrès in Libreville. The event brought together key decision-makers, international investors, and private sector leaders to address the country’s most pressing economic challenges and opportunities.

Private sector as the engine of development

Speaking at the opening ceremony, Alain Claude Kouakoua, President of the Fédération des Entreprises du Gabon (FEG), delivered a powerful message: « Tomorrow, the FEG must be recognized not just as a defender of businesses, but as a catalyst for their success. » His words underscored a fundamental truth—no nation achieves sustainable growth without a vibrant, thriving private sector. Kouakoua emphasized that enterprises are not peripheral players but the very driving force behind economic progress.

State commitment to private sector support

The forum highlighted a rare alignment of interests between the public and private sectors. Hugues Alexandre Barro Chambrier, Vice-President of the Republic, reaffirmed the government’s commitment to creating an enabling environment for private businesses. « The State will fulfill its role by ensuring public finances are managed in a way that resolves outstanding payments to private enterprises promptly, » he stated. This pledge signals a strategic shift toward strengthening the business ecosystem, reducing reliance on raw material exports, and accelerating industrialization.

Toward a resilient, diversified economy

The GEF’s second edition served as a platform for dialogue, collaboration, and shared ambition. By prioritizing economic diversification and industrialization, Gabon is positioning itself to weather global market fluctuations and build long-term prosperity. The forum’s emphasis on public-private partnerships reflects a forward-thinking approach to unlocking the country’s untapped potential.