Gabon - The development of agro-industries

The government's strategy aims to reduce food imports by 351 billion pounds by 2023 and 501 billion pounds by 2025. A number of renowned agro-industrial companies have already launched ambitious investment programs, some of which have high strategic value.

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The various policies and programs implemented by the State had previously prioritized the development of agro-industry based on imported raw materials, to the detriment of small-scale agriculture. Imports currently provide approximately 60% of the food consumed in Gabon, with market demand growing. While the industrialization of the oil palm, rubber, and poultry sectors has experienced constant double-digit growth over the past ten years, much remains to be done for 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 sector. Key agro-industrial players include: - Olam Palm Gabon is one of the largest companies in Gabon's agro-industrial sector in edible oil. 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 are in palm oil, rubber, fertilizers, special economic zones, and port logistics within the framework of a Gabonese Special Economic Zone (GSEZ) – a multi-product special economic zone.- SIAT Gabon, Société privée d'Investissement pour l'Agriculture Tropicale, was created in 2004 following a privatization process of the Gabonese parastatal entities Agrogabon, Hévégab, and the Nyanga ranch. Its main activities are based on the transformation of rubber into granulated rubber, as well as livestock farming, production, and marketing of beef for the Gabonese domestic market.- SMAG Gabon is a subsidiary of the international SOMDIAA group. It produces and markets flours and has a poultry farm producing eggs and one-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.