Gabon’s strategy to protect and increase its oil production
Gabon's strategy to increase its oil production and Congo to increase tourism contribution to GDP [Business Africa]
Gabon’s oil industry alone accounts for 27 percent of the country’s GDP.
The government wants to up this figure by putting in place a 4 year development strategy .
This strategy will also protect its economy from fluctuating oil prices.
Congo to increase tourism contribution to GDP to 10%
The government of the republic of Congo wants to make its tourism sector a driving force for diversification to stimulate economic growth.
The country’s tourism officials in charge of implementing a master plan hope to boost GDP contribution from 3 to 10 percent by 2021.