Gabon’s mining sector poised for economic growth with new investments

The Gabonese government is doubling down on mining as a critical driver of economic diversification, following a decline in oil production. Recent months have seen a surge in investment announcements, accompanied by ongoing exploration and research initiatives across multiple provinces.

With mining Minister Sosthène Nguema Nguema at the helm, the sector has seen renewed momentum. A comprehensive plan outlines the opening of roughly eight new mines between 2026 and 2030, focusing primarily on iron ore, but also including gold and potash. The initiative aims to generate thousands of jobs and significantly boost the mining sector’s contribution to the national economy, currently standing at around 6%. Officials anticipate this figure could climb to 15-20% in the coming years.

Infrastructure: the backbone of mining expansion

Economist Orphée Mouelé, an alumnus of Omar Bongo University, emphasizes that the success of these mining projects hinges on robust infrastructure development. He points to the urgent need for upgraded road networks, railways, ports, and bridges to facilitate the efficient transportation of minerals.

Energy access remains another critical challenge for the mining sites in development. Ensuring a stable and sufficient electricity supply will be vital not only for mining operations but also for fostering ancillary industries that process raw materials.

Balancing growth with inclusive development

While the Gabonese government and mining authorities welcome the promising outlook for the sector, civil society organizations are urging accountability. Edmiaune Zouga, president of the NGO Éthique et bonne gouvernance, stresses the importance of translating mining revenues into tangible benefits for local communities. Her organization advocates for policies that ensure these economic gains directly improve the living conditions of the Gabonese people on a broad scale.