Archiv: Gabun / Gabon


01.09.2023 - 04:05 [ GazetteNGR.com ]

Kagame, Biya sack Rwandan, Cameroonian military chiefs after soldiers seized power in Niger, Gabon

The Rwandan leader, known for his brutal crackdown on the media and opposition, also retired 83 senior officers, 06 junior officers and 86 senior non-commissioned officers, 678 end-of-contract officers, while 160 were discharged on medical grounds discharges,” the statement said.

In Cameroon, Mr Biya, who spends most of his time in Switzerland, is also not leaving his grip on the country to chance as he immediately shuffled the officers in the army, air force and marine.

The sweeping changes in Cameroon and Rwanda came barely hours after the coup in Gabon, where President Ali Bongo Ondimba was toppled and placed under house arrest by soldiers. Both leaders did not reference the coups in Niger and Gabon in their respective decisions.

31.08.2023 - 19:53 [ ABC News ]

EU grapples with its African army training dilemma as another coup rocks the continent

On Wednesday, the oil-rich nation of Gabon became the eighth Central or West African country to be hit by a military takeover in the last three years. The EU has not been training Gabon‘s armed forces -– although French troops have -– but it has funded and taught troops in Mali and Niger.

31.08.2023 - 19:30 [ ORF.at ]

Zentralafrikanische Staaten verurteilen Putsch in Gabun

Nach dem Putsch in Gabun hat die Zentralafrikanische Wirtschaftsgemeinschaft (ECCAS) die neuen Militärmachthaber aufgefordert, die verfassungsmäßige Ordnung wiederherzustellen.

31.08.2023 - 19:08 [ CNBC ]

African leaders work on response to Gabon military coup ousting President Bongo

Central Africa‘s political bloc, the Economic Community of Central African States (ECCAS), condemned the coup in a statement, saying it planned an „imminent“ meeting of heads of state to determine how to respond. It did not give a date.

The African Union‘s Peace and Security Council will meet on Thursday to discuss the coup, a spokesperson for the African Union Commission chair said.

31.08.2023 - 18:53 [ Mike Cohen and Neil Munshi, Bloomberg / Washington Post ]

What’s Driving the Coups in Gabon and Across West Africa?

Four days after the central African nation held disputed presidential elections that incumbent Ali Bongo was reported to have won, army officers appeared on state television to announce they’d canceled the Aug. 26 vote and dissolved the country’s institutions. Bongo first took office in 2009, succeeding his late father, who had held power since 1967. While the oil producer hasn’t had to deal with the jihadist attacks or spreading insecurity that’s dogged much of West Africa, the ruling family’s grip on power has come under pressure in recent years.

31.08.2023 - 18:39 [ Internationaler Währungsfonds / International Monetary Fund ]

What is the CFA franc zone?

The CFA franc zone consists of 14 countries in sub-Saharan Africa, each affiliated with one of two monetary unions. Benin, Burkina Faso, Côte D’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo comprise the West African Economic and Monetary Union, or WAEMU, founded in 1994 to build on the foundation of the West African Monetary Union, founded in 1973. The remaining six countries — Cameroon, Central African Republic, Chad, Republic of Congo, Equatorial Guinea, and Gabon — comprise the Central African Economic and Monetary Union, or CAEMC.

These two unions maintain the same currency, the CFA franc, which stands for Communauté Financière Africaine (African Financial Community) within WAEMU and Coopération Financière en Afrique Centrale (Financial Cooperation in Central Africa) within CAEMC. WAEMU and CAEMC account for 14 percent of Africa’s population and 12 percent of its gross domestic product (GDP).

31.08.2023 - 18:29 [ Marketwatch.com ]

Eramet Shares Tumble as Gabon Coup Halts Manganese Mining

At 0811 GMT, shares in Eramet slumped 19% to EUR61.65.

The company said all operations have stopped and rail traffic has been suspended in the West African country, and that it has begun procedures to ensure the safety of staff and facilities of its two subsidiaries there, Comilog and Setrag.

The former operates the Moanda manganese mine–the world‘s largest–and Setrag is a rail transport company.

31.08.2023 - 18:20 [ Eramet.com ]

About us

No. 1
producer of manganese worldwide (Gabon)

Largest
nickel mine in the world (Indonesia)

1st
European company to develop responsible lithium production

4th
largest producer of titanium raw materials worldwide

31.08.2023 - 18:16 [ Privacyshield.gov ]

Gabon – Mining and Minerals

The Directorate General of the Economy and Tax Policy (DGEPF) revealed that Gabon had produced 1.109 million tons of manganese in the first quarter of 2018, compared to 827,551 tons during the same period in 2017, an increase of 27.2%.
A number of other companies have or are exploring obtaining prospecting or exploration permits for iron, copper, diamonds, and other minerals.

31.08.2023 - 17:52 [ Spokesman.com ]

Gabon soldiers seize power in OPEC member in latest coup

Gabon’s dollar bonds due June 2025 and November 2031 were the worst-performing in emerging markets on Wednesday. The 2025 notes fell 8.55 cents to 84.74 cents on the dollar as of 11:48 a.m. in London. Shares in French mining group Eramet SA, oil and gas producer Maurel & Prom SA and a listed unit of TotalEnergies SE, which all have operations in Gabon, sank in Paris trading.

19.10.2022 - 05:43 [ Reuters ]

OPEC+ members endorse output cut after U.S. coercion accusation

(17.10.2022)

Khalid bin Salman on Sunday said he was „astonished“ by claims his country was „standing with Russia in its war with Ukraine“.

„It is telling that these false accusations did not come from the Ukrainian government,“ he wrote on Twitter.

01.10.2022 - 16:16 [ ORF.at ]

Nach Putin-Rede: Kiew kontert Annexion mit NATO-Ansuchen

Zehn Länder stimmten am Freitag in New York für das von den USA und Albanien eingebrachte Dokument. Darin wird Russland zudem zum sofortigen militärischen Rückzug aus der Ukraine aufgefordert. Vier Länder in dem mächtigsten UNO-Gremium mit insgesamt 15 Mitgliedern enthielten sich. Das waren China, Indien, Brasilien und Gabun.

01.06.2019 - 06:22 [ Wikipedia ]

CFA franc

The currency has been criticized for making economic planning for the developing countries of French West Africa all but impossible since the CFA‘s value is pegged to the euro (whose monetary policy is set by the European Central Bank).[3] Others disagree and argue that the CFA „helps stabilize the national currencies of Franc Zone member-countries and greatly facilitates the flow of exports and imports between France and the member-countries“.[4] The European Union‘s own assessment of the CFA‘s link to the euro, carried out in 2008, noted that „benefits from economic integration within each of the two monetary unions of the CFA franc zone, and even more so between them, remained remarkably low“ but that „the peg to the French franc and, since 1999, to the euro as exchange rate anchor is usually found to have had favourable effects in the region in terms of macroeconomic stability“

01.06.2019 - 06:20 [ Spiked ]

French colonialism lives on in Africa

CFA franc. These two words probably do not mean much to most readers, but they encapsulate one of the world’s most enduring – and little-known – economic experiments. In the simplest possible terms, the CFA franc is a currency used by 14 countries of Western and Central Africa, all of which are former French colonies.

05.01.2019 - 01:23 [ Reuters ]

Fearing Congo violence, U.S. deploys small military force to Gabon

He said they “will remain in the region until the security situation in the Democratic Republic of the Congo becomes such that their presence is no longer needed.”

Trump said additional forces may deploy to Gabon “if necessary.”

20.11.2018 - 20:23 [ JungeWelt ]

Paris spielt Kolonialmacht

Der tatsächliche Grund für das Manöver der Franzosen ist jedoch offenbar die derzeitige Vakanz des Präsidentenpostens. Die militärischen Kräfte, die jetzt in Gabun landeten, sind darauf trainiert, Aufstände der lokalen Bevölkerung zu unterdrücken. Sie patrouillieren durch die Straßen Librevilles und beziehen an strategischen Punkten Position.