Four major new projects were signed during the official opening of The New York Forum AFRICA

• Published on 24 May 2014 • Category : NYFA 2014

Libreville, May 24 2014: Four major new projects were signed during the official opening of The New York Forum AFRICA in the presence of H.E. Ali Bongo Ondimba, President of the Gabonese Republic and H.E. Paul Kagame, President of Rwanda. The deals, which were between governments and with the private sector, will create more than a billion Euros of new investment and thousands of jobs.

Laurent Fabius, Minister of Foreign Affairs and International Development for France, and Akagha Mba, Minister of Economy for Gabon, signed an agreement for a EUR200m investment in infrastructure and sanitation. The project will protect 100,000 homes that are threatened by flooding in Libreville, and will regenerate a significant area of the city.

An agreement was signed between Akagha Mba, Minister of the Economy in Gabon, and the representative of the African Development Bank in Tunisia to create a SME incubator in Gabon.

Serge Toulekima, CEO of Gabon Oil Company, and Ho Joon Shin, Vice President of Samsung C+T in Korea, to build a new, more efficient refinery in Mandji in Port Gentil. This will create 400 new direct jobs and 3,000 new indirect jobs.

Simon Toutoume Emane, Gabon's Minister of Labour, Employment and Professional Training, signed an agreement with Larbi Bencheikh, Director General of OFPPT in Morocco, to develop vocational and professional training. This will create a Microsoft IT Academy and many certification centres certified by Microsoft in Gabon, as well as training and certification for 5,000 competencies a year.