INVESTING FOR SHARED PROSPERITY IN GABON
Our new investment strategy aims to achieve a dual objective of financial performance of our portfolio to promote social impact.
The Sovereign Wealth Fund of the Republic of Gabon the will soon celebrate its tenth anniversary of service to the Gabonese people. Created to strengthen national savings and actively contribute to the diversification of the Gabonese economy, it has inherited the State’s holdings in a dozen key sectors in Gabon and has a total of 83 companies in its portfolio.
Our organization is regulated by an extremely strict governance and social and environmental responsibility protocol to conduct its missions in accordance with the needs not only of the Gabonese people, but also of leading international institutions and companies.
In 2020, the FGIS saw the appointment of a new governance and management team. Over the past year, several projects have been undertaken within the FGIS and its portfolio companies to reorganize its activities and modes of intervention in order to achieve the objectives set by the government.
The strategic review of our organization and operations in the context of a global pandemic gave us the opportunity to conduct a thorough reflection. This transformation is now beginning to bear fruit, as evidenced by the development and early implementation of a new 2020-2025 strategic plan, led by a remobilized and committed team.
Our new investment strategy (“One Fund”) intends to achieve a dual objective of financial performance of our portfolio to promote social impact. We intend to achieve this performance through the optimized management of our assets and the mobilization of our resources to serve the people of Gabon, today and tomorrow.
Our commitment to create an impact is reflected in three areas of intervention: the development of essential infrastructures, the financial and technical support for small and medium-sized enterprises to promote job creation, especially for young people and women, and the strengthening of social sectors in line with the United Nations Sustainable Development Goals.
This new strategy is aligned with the key responsibilities entrusted to the FGIS in the 2021-2023 Transformation Acceleration Plan, which sets the Government’s roadmap for our economic diversification. Over the next three years, our teams will work to implement projects that will help transform our economy.