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France 24
France 24
Politics

Gabon's oil-dependent economy reels from Covid-19

Gabon's oil capital Port-Gentil has lost millions of euros over the last six months. And it's not alone: other oil-producing cities in Central Africa have lost hundreds of millions of euros in total. © FRANCE 24

Since April, Gabon has been under a health state of emergency. The Central African country is facing a major economic hit as a result of Covid-19 lockdown measures and the fall in oil prices. The scars from this unprecedented crisis could remain on Port-Gentil, its oil capital, for a while. Businesses, shops, transport, tourism and other sectors in the country's economic hub are all struggling. Port Gentil has lost millions of euros over the last six months and is relying on public investment to survive. Our team reports.

A report by Erwan Schiex, Ismael Nze Obiang, Joel Tatou, Alex Niamkey, Jules Kpognoe and Regina Sondo.

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