Slower population growth in Gabon at 11%

Slower population growth in Gabon at 11%

ABiQ predicts Gabon’s population will grow at 11% in the next decade to 2.4 million. In 2019, the GDP was $18 billion, or almost $8,100 per capita. Gabon is the 5th largest oil producer in Africa and oil accounts for over 45% of its GDP. As a result, the government is...
West Africa oil and gas – part two

West Africa oil and gas – part two

Oil price volatility over the last few weeks is creating havoc in the global oil and gas sector. As a result, the African oil industry faces major cutbacks and potential closures.  The Financial Times reported on the 22 April 2020: “The big difference between $20 oil...
Djibouti’s population to grow 21%

Djibouti’s population to grow 21%

Djibouti is one of the smallest countries in Africa with a population of 1 million people. Based on ABiQ’s population forecast, Djibouti’s population will grow to 1.2 million by 2030. Djibouti had a GDP of $2 billion in 2019 or just shy of $3,000 per capita. Djibouti...
Senegal’s population to hit 30 million in 2030

Senegal’s population to hit 30 million in 2030

Senegal’s population will grow by 22% over the next 10 years from 16.8 million to 20.4 million, based on forecasts done by ABiQ. The government has adopted a new model for development as part of the ‘Plan for an Emerging Senegal’ initiative. Senegal’s economy is...
Namibia will have 3 million people by 2030

Namibia will have 3 million people by 2030

Namibia has a population of 2.5 million, and growing at 20% over the next 10 years, will reach 3 million.  In 2019, Namibia had a GDP of $14 billion or equal to slightly over $5,800 per capita. Namibia’s economy depends heavily on fishing, tourism and its mineral...