Gabon Launches National Energy Fund

June 05, 2025

Key Figures & Findings: Gabon has launched the National Fund for Energy and Water (FNEE) to finance electricity production and distribution projects, aiming to address persistent power outages that have hindered economic activities. Approved during a Council of Ministers meeting on May 30, 2025, the FNEE is part of a broader strategy to enhance energy supply, complementing the emergency energy plan initiated in February. This plan encompasses short-term measures, key infrastructure investments, and regional energy cooperation initiatives. Notably, two Turkish floating power stations have been connected to the grid, adding 70 MW, while a cross-border link with Equatorial Guinea contributes an additional 3 MW to northern regions.

Statistics & Insights: Gabon plans to invest CFA1,134.5 billion (approximately $1.93 billion) in energy projects from 2024 to 2026. The FNEE may also support stalled projects under the national development plan, including the 125 MW thermal power station at Owendo (planned for 2027) and hydroelectric plants at Ngoulmendjim and l’Impératrice Eugénie, which require an estimated $453 million in investment.

Future Implications: If successfully implemented, these initiatives could significantly improve Gabon’s energy infrastructure, reducing power outages and supporting economic growth. The FNEE’s success will depend on effective resource mobilization and clear project selection and oversight mechanisms, managed by the Ministry of Economy.