Gabon restricts wood exports [Business Africa]

Fri, 12 May 2023 07:27:48 +0000

The Gabonese government has imposed a definite ban on three highly priced wood species. The announcement comes a decade after the ban on logs in this Central African nation. The news has been welcomed by small operators.

They see the plan as an opportunity to protect segments of the processing sector and lower prices of raw materials. But industry players say the move could cost investors their cash.

And Egypt's borrowing needs would likely reach 820.7 billion Egyptian pounds or $48 billion i…
READ MORE : http://[a]www.africanews.com%2F2019%2F04%2F24%2Fgabon-restricts-wood-exports-business-africa[/a]

Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans.
Africanews is the first pan-African multilingual media outlet, unique in its concept and vision.
Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent.

Africanews is available in English and French.
Website : www.africanews.com
Facebook : https://www.facebook.com/africanews.channel/
Twitter : https://twitter.com/africanews