Gabon - The development of agro-industries

The government's strategy aims to reduce food imports by 351 metric tons by 2023 and by 501 metric tons by 2025. Already, several renowned agribusiness companies have launched ambitious investment programs, some of which are of high strategic value.

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Previously, various policies and programs implemented by the State had prioritized the development of agribusiness based on imported raw materials, to the detriment of small-scale farming. Imports currently supply approximately 601,300 metric tons of food consumed in Gabon, while market demand is growing. While the industrialization of the oil palm, rubber, and poultry sectors has experienced consistent double-digit growth over the past decade, much remains to be done in the livestock sector. Substituting imports with local production will reduce food costs and contribute to accelerating the industrialization of the country's priority sectors, as well as creating direct and indirect jobs in the agri-food industry. Among the main agribusiness players is Olam Palm Gabon, one of the largest companies in Gabon's edible oil sector. The Asian multinational OLAM began operations in Gabon in 1999 and is currently developing seven industrial and agro-industrial projects in several joint ventures with the Gabonese Republic.

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OLAM's main operations in Gabon involve palm oil, rubber, fertilizers, special economic zones, and port logistics within the framework of the Gabonese Special Economic Zone (GSEZ) – a multi-product special economic zone. SIAT Gabon, a private investment company for tropical agriculture, was created in 2004 following the privatization of the Gabonese semi-public entities Agrogabon, Hévégab, and the Nyanga ranch. Its main activities are the processing of rubber into granulated rubber, as well as the raising, production, and marketing of beef for the Gabonese domestic market. SMAG Gabon is a subsidiary of the international group SOMDIAA. It produces and markets flours and has a poultry farm producing eggs and 1-day-old chicks.-For the production of Gabonese coffee and cocoa, CAISTAB is a public establishment created in 1971 and endowed with legal personality and financial autonomy.