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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
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