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FAST FACTS AFRICA: Gabon
July 15, 2014 - 16:02 GMT
Gabon is a country on the west coast of Central Africa, bordering Equatorial Guinea, Cameroon, and Republic of Congo. Its key metals interests are manganese and iron ore.
The country covers an area of 267,667 sq km. Its
population is estimated to be about 1.4 million. French is the
official language. The country is the world's second-largest
manganese producer, next to South Africa. GDP growth forecast
Gabon's economic indicators are good, with the GDP growth rate
at 5.5% in 2013, slightly down from 5.7% in 2012. The GDP
growth is forecast to improve to 6.7% in 2014 and 7.2% in 2015,
respectively, as a result of increases in oil, forestry and
mining revenues, according to the African Economic Outlook 2014
report. The growth prospects for 2014 and 2015 will depend on
international oil prices...
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