Gabon, Africa

LIST OF INSURANCE COMPANIES IN GABON

Gabon, Africa – World Insurance Companies Logos​. The graphic mark of a company is synonymous with its brand. In insurance, a logo is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, it just prices and many other vital questions in the quest for the best insurance.

Click on the insurance company logos for a bunch of up-to-date information available to each GABON insurer. We would like to help you find the best insurance online.

LOGO LIST FOR INSURANCE COMPANIES IN GABON

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GABON

Is a sovereign state on the west coast of Central Africa. Located on the equator, Gabon is bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo on the east and south, and the Atlantic Ocean’s Gulf of Guinea to the west. It has an area of nearly 270,000 square kilometers (100,000 sq mi) and its population is estimated at 1.5 million people. Its capital and largest city is Libreville.

Since its independence from France on August 17, 1960, Gabon has been ruled by three presidents. In the early 1990s, Gabon introduced a multi-party system and a new democratic constitution that allowed for a more transparent electoral process and reformed many governmental institutions. Gabon was also a non-permanent member of the United Nations Security Council for the 2010–2011 term.

Low population density, abundant petroleum, and foreign private investment have helped make Gabon one of the most prosperous countries in Sub-Saharan Africa, with the highest HDI and the third highest GDP per capita (PPP) (after Equatorial Guinea and Botswana) in the region.

Gabon’s economy is dominated by oil. Oil revenues comprise roughly 46% of the government’s budget, 43% of gross domestic product (GDP), and 81% of exports. Oil production is now declining rapidly from its high point of 370,000 barrels per day in 1997. Some estimates suggest that Gabonese oil will be expended by 2025. In spite of the decreasing oil revenues, planning is only now beginning for an after-oil scenario.

Gabon’s oil revenues have given it a strong per capita GDP of $8,600, extremely high for the region. However the income distribution is skewed and social indicators show poor values. The richest 20% of the population receive over 90% of the income while about a third of the Gabonese population lives in poverty.

The economy is highly dependent on extraction of abundant primary materials. Prior to the discovery of oil, logging was the pillar of the Gabonese economy. Today, logging and manganese mining are the other major income generators. Recent explorations point to the presence of the world’s largest unexploited iron ore deposit. For many living in the countryside without access to employment in extractive industries, remittances from family members in urban areas or subsistence activities provide income.

At World Bank and IMF insistence, the government embarked in the 1990s on a program of privatization of its state-owned companies and administrative reform, including reducing public sector employment and salary growth, but progress has been slow. The new government has voiced a commitment to work toward an economic transformation of the country, but faces significant challenges to realize this goal.

Gabon, Africa – World Insurance Companies Logos