Latest news with #Gabonese
See - Sada Elbalad
9 hours ago
- Health
- See - Sada Elbalad
Egypt Delivers Medical Aid to Gabonese Ministry of Health in Support of Bilateral Health Cooperation
Taarek Refaat In a renewed gesture of African solidarity and health diplomacy, Egypt's Ambassador to Gabon, Reham Hussein Ammar, officially handed over a consignment of Egyptian medical aid to Gabon's Minister of Health, as part of Cairo's ongoing support for the Egypt-Gabon Joint Hospital in the capital, Libreville. The aid package, which includes essential pharmaceuticals, was provided by the Egyptian Agency of Partnership for Development (EAPD) — an initiative under Egypt's Ministry of Foreign Affairs aimed at strengthening cooperation with African nations through development-focused support. Speaking during the handover ceremony, the Gabonese Minister of Health expressed deep gratitude to the Egyptian government and people for their continued commitment to improving public health services in Gabon. The Minister highlighted Egypt's role not only in providing medical supplies but also in offering scholarships and professional training programs across several sectors, which he described as critical to Gabon's human capacity development. He also voiced hope for the swift arrival of additional Egyptian doctors to serve at the Egypt-Gabon hospital, and expressed interest in expanded future cooperation, saying the medical aid is 'a promising sign of deeper engagement.' In her remarks, Ambassador Ammar reaffirmed Egypt's strategic vision for reinforcing ties with African nations, particularly in vital sectors like health. She emphasized that the donation symbolizes Egypt's 'long-standing commitment to revitalizing African partnerships, with health care as a cornerstone of that mission.' 'The Government of Egypt attaches great importance to sharing its pharmaceutical capabilities and medical expertise with sisterly African nations, including the Gabonese Republic,' she said. The Egypt-Gabon Joint Hospital, established in 2009 in Libreville, stands as one of Egypt's flagship development projects in Central Africa. Staffed by Egyptian medical professionals and equipped with Egyptian-supplied technologies, the hospital treats thousands of patients annually and has become a regional hub for multi-specialty care, attracting patients from across Gabon and neighboring provinces. Egyptian officials say the hospital exemplifies African-led cooperation and sustainable development, aligning with broader continental goals under the African Union's Agenda 2063. This latest shipment of medical supplies reflects Egypt's intent to scale up its presence and positive impact in Africa through practical, people-centered initiatives — particularly in health care, where access and equity remain key challenges across the continent. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
Business Insider
17 hours ago
- Business
- Business Insider
Gabon secures $3.8 billion Afreximbank pact for Gold, Manganese and energy projects
Gabon has signed a $3.8 billion memorandum of understanding with the African Export-Import Bank (Afreximbank) to fund major national development projects across mining, energy, and transport sectors. Gabon signed a $3.8 billion MoU with Afreximbank to fund development projects. The agreement aims to enhance mining, energy, and transport sectors in Gabon. Most gold production in Gabon is currently unregulated, requiring better oversight. Gabon has signed a $3.8 billion memorandum of understanding with the African Export-Import Bank (Afreximbank) to fund major national development projects across mining, energy, and transport sectors. The agreement, formalized during Afreximbank's annual general meeting in Abuja, Nigeria, aims to support the development of gold and manganese trading, enhance energy infrastructure, and expand the country's railway network. Gabon's gold sector remains heavily informal, with approximately 70% of production coming from unregulated sources. Inadequate infrastructure, particularly poor road networks, continues to hinder the sector's growth. Afreximbank's support for Special Economic Zones (SEZs) and Africa Quality Assurance Centers (AQACs) is expected to bring greater oversight and formalization, though success will depend on stronger enforcement of mining regulations. As the world's second-largest producer of manganese, a vital mineral for steel production, and one of the smallest members of OPEC+, producing around 220,000 barrels of crude oil per day, Gabon is positioning itself to strengthen industrial and export capacity. According to recent data, Gabon's economy expanded by 2.9% in 2024, largely driven by oil production and increased public investment. Minister of State for Economy, Finance and Debt, Henri-Claude Oyima, signed the agreement on behalf of the Gabonese government. However, President Brice Oligui Nguema, has pledged to reduce Gabon's overdependence on oil by prioritizing sectors such as agriculture, tourism, and manufacturing, part of a broader strategy to combat poverty and diversify the economy.
Yahoo
03-06-2025
- Business
- Yahoo
Eramet to work with Gabon despite manganese exports ban
Eramet said it will work with the Gabonese Government despite a forthcoming ban on unrefined manganese exports, set to take effect from 1 January 2029. This regulatory change could disrupt operations for the French mining giant, particularly its Gabon-based subsidiary Comilog, currently the world's largest manganese mine. The Gabonese Government's weekend statement regarding the ban aligns with a broader trend of African nations such as Guinea (bauxite) and Zimbabwe (lithium) moving towards local processing of raw materials instead of exporting them, reported Reuters. The demand for manganese is on the rise globally, not only for steel production but also for electric vehicle batteries. In response to the announcement, Eramet acknowledged the Gabonese Government's intentions and expressed its commitment to continue working with the authorities 'in a spirit of constructive partnership and mutual respect'. The company emphasised its goal to protect the jobs of the 10,460 Gabonese employees at Comilog and its railway transport unit, Setrag. Despite an initial 5.5% drop, Eramet's shares later stabilised, trading around 4% lower by 08:00 GMT. Gabon's President, Brice Oligui Nguema, who came to power following a coup in 2023 and was elected last month, is focused on uniting the country and revitalising its struggling economy. While Comilog, partly owned by the Gabonese state, does process some manganese locally, most of its ore is exported. Eramet's growth has been largely driven by the Moanda mine and the Weda Bay nickel mine in Indonesia, in contrast to its traditional nickel operations in New Caledonia, which have been hampered by losses and social issues. The company's recent memorandum of understanding (MOU) with Indonesia's sovereign fund, Danantara, reflects its strategy to explore potential investments in nickel processing, following Indonesia's own nickel ore export ban to foster local industry development. Moreover, Firebird Metals has secured a non-binding MOU with Eramet in February for the supply of manganese ore, which will be utilised in the initial phase of Firebird's planned facility in China to produce battery-grade manganese sulphate and manganese tetra-oxide. "Eramet to work with Gabon despite manganese exports ban" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
TimesLIVE
03-06-2025
- Business
- TimesLIVE
Eramet's shares slide as Gabon plans manganese ore export ban
Shares in Eramet fell sharply on Monday after Gabon announced an export ban on unrefined manganese from 2029, potentially upending the French mining group's massive export-orientated production of the steel ingredient in the West African country. Gabon's plan, announced by the government in a weekend statement, comes as several African countries — including Guinea with bauxite, Zimbabwe with lithium, and Mali and Tanzania with gold — seek to move from exporting raw material to local processing. Demand for manganese, used in steel production and increasingly in electric vehicle batteries, has grown globally. Eramet is the main shareholder in Gabon-based manganese mining firm Comilog, whose Moanda mine is the world's biggest for manganese. Eramet said in a statement that it noted the Gabonese government's intention to ban crude manganese exports from January 1, 2029 and would continue to work with the authorities "in a spirit of constructive partnership and mutual respect". The group will aim to safeguard the 10,460 Gabonese jobs sustained by Comilog and Comilog railway transport unit Setrag, it added. Eramet shares fell as much as 5.5% before paring losses to trade about 4% lower by 8am GMT.
Arab Times
31-05-2025
- Sport
- Arab Times
Al-Ittihad wins King's Cup to complete domestic double
JEDDAH, May 31: Al-Ittihad added the King's Cup to its Saudi Pro League triumph, defeating Al-Qadisiyah 3-1 in front of 51,331 fans at Al-Enma Stadium, completing a historic domestic double. Having secured the league title just days earlier, Al-Ittihad lifted the King's Cup for the first time since 2018, when it also won 3-1 over Al-Faisaly at the same venue. The victory was powered by French striker Karim Benzema, who scored twice (34', 90+4'), while Algerian midfielder Houssem Aouar added a third in the 43rd minute. Al-Qadisiyah's lone goal came from a penalty by Gabonese striker Pierre-Emerick Aubameyang (45+6). The team later went down to ten men after Argentine Ezequiel Fernandez received a second yellow card in the 81st minute. The title marks Al-Ittihad's 10th King's Cup win and grants its international stars—Benzema, N'Golo Kanté, and Fabinho—a historic milestone in their club careers. According to Opta, Benzema secured the second domestic double of his career, the first being with Lyon in the 2007–08 season. Kanté and Fabinho, meanwhile, celebrated their first domestic double despite previous success in European and international competitions. Dutch winger Steven Bergwijn also played a key role in the team's successful season, contributing goals and assists. However, his achievements in Saudi Arabia came amid ongoing tensions with Netherlands coach Ronald Koeman, who left him out of the national squad following his transfer to the Saudi league. Bergwijn, excluded throughout the season, criticized Koeman's handling of the situation, stating last September: "I don't want to play under this coach again. He disrespected me and never gave me a chance to explain myself." Following the double triumph, Bergwijn further addressed the issue, telling TV reporters: "Playing for the Netherlands is an honor, but the support from Al-Ittihad fans means more to me right now. My focus is here." Although rumors persist about a possible return to the national team, Bergwijn's strained relationship with Koeman and continued criticism of the coach may complicate any comeback.
