Gabon has set out a range of administrative and financial incentives to attract foreign firms into priority growth sectors such as agriculture, agro-processing, manufacturing, mining, timber, telecommunications and tourism. This is part of the government’s drive to diversify the economy away from oil sector, where new discoveries have been largely absent over the past decade and production has remained anchored at around 250,000 bpd since 2002....

Botswana has relied upon diamond mining for economic growth and political stability for many years. Diamond mining currently accounts for over one-third of GDP, the vast majority of export earnings, and about half of the government’s revenues. However, the drive for greater economic diversification is gathering pace as diamond production is expected to levels off over the next decade and reserves are set to run out in around 20 years’ time. As...