Loading weather...
GHANA WEATHER

Gabon to halt manganese exports by 2029

Gabon to halt manganese exports by 2029
Facebook
Twitter
LinkedIn
WhatsApp
Pinterest
Facebook
Twitter
WhatsApp

Gabon is set to stop exporting raw manganese by 2029, as part of a national strategy to boost local industry and reduce dependency on unprocessed resource exports. The government announced the move as part of efforts to transform its economy. Manganese, alongside oil and timber, is one of Gabon’s top revenue sources.

The country is currently the world’s second-largest producer of the mineral. By halting raw exports, Gabon aims to develop its domestic processing capacity, create skilled jobs, and retain more value from its natural resources. Officials have given the industry three years to invest in local transformation facilities.

A public-private investment fund is also being planned to support the transition. Similarly, the government will ban chicken meat imports from 2027 to encourage local poultry production. Despite being one of Africa’s wealthiest nations per capita, a significant portion of Gabon’s population lives in poverty.

The new policies are part of broader reforms aimed at reducing economic inequality and building a more self-reliant future.

More Stories Here

Source: Africanews

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent News

The Ghana Broadcasting Corporation is a giant electronic media (Radio and Television) organization tasked with a mission to lead the broadcasting industry through quality programming, which promotes the development and cultural aspirations of Ghana as well as undertaking viable commercial activities

Mission

To lead the broadcasting and communication industry through quality programming, which promotes the development and cultural aspirations of Ghana

Vision

To be the authentic and trusted voice of Ghana