– Ageing electricity infrastructure with frequent power cuts.
– Youth unemployment at a high rate of around 40%.- Poor road quality and meaningful public debt predicted to reach approximately 80% of GDP this year.
!File Photo: Brice Oligui Nguema (Image: AP)
Brice Oligui Nguema’s swearing-in as Gabon’s president represents a historic shift after decades under dynastic rule. With his overwhelming electoral victory following last year’s coup, international attention on domestic governance is heightened due to the country’s pressing challenges tied to infrastructure deficits, unemployment hurdles among youth segments exceeding global averages, and substantial public debt.
For India-a nation that maintains steady diplomatic ties across Africa-this growth could signal an opportunity to expand bilateral cooperation. Gabon’s oil wealth combined with its stated commitment toward economic diversification resonates well with India’s energy demands and aspirations for collaborations in renewable sectors or developmental partnerships under South-South cooperation frameworks.
However careful scrutiny regarding political stability will remain paramount given precedent uncertainties stemming largely from coup-led transitions globally yet gradual stabilisations hold promising democratic institutional deepening evaluated neutrally!