Brazil

In August 2023, Gabon experienced a seismic shift when a military coup ended the 56-year Bongo family rule.General Brice Oligui Nguema led the takeover, promising a return to democratic governance.

The transition process has moved swiftly.In April 2024, Gabon held its National Inclusive Dialogue, bringing together 600 participants from diverse backgrounds.

This crucial event concluded on April 28, 2024.The dialogue produced significant recommendations.

It maintained the two-year transition timeline and proposed a new constitution.

Key suggestions include a strong presidential system and a 7-year presidential term.Notably, the forum cleared General Nguema to run for president in future elections.

It also proposed suspending political parties temporarily, a controversial move that has sparked debate.Gabon’s Political Transition: A Nation Charting a New Course.

(Photo Internet reproduction)Economic reforms are underway.

The government aims to centralize funds, improve state enterprise management, and reduce public debt.

These efforts have led to improved credit ratings for Gabon.However, challenges persist.

Despite its oil wealth, a third of Gabon‘s population lives in poverty.

Youth unemployment stands at a staggering 36.9%.The transition government now faces the task of implementing reforms while addressing long-standing economic and social issues.

Their success could have far-reaching implications for Gabon and the region.As of September 2024, Gabon is preparing for the next steps in its transition.

This includes forming a constituent assembly to draft the new constitution until October 2024, with a referendum planned for later in the year.The world watches as Gabon navigates this critical period.

The outcome will shape not just Gabon’s future but potentially serve as a model for political transitions in Africa.





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.


STRIPE


Zamp Aims to Expand Starbucks to 1,000 Stores in Brazil


Maduro?s Win Contested: Gonz?lez Cites Coercion in Victory Acknowledgment


Israel Reopens Embassy in Paraguay After Six-Year Closure


Argentina's GDP Shrinks 3.4% in First Half of 2024 Amid Recession


Argentina's Public Debt Hits $458 Billion: A Record High in August


[Brazil] - Brazil Raises Selic Rate to 10.75% as Inflation Risks Mount


Worshipping Wealth: Capitalism's Evolution into Quasi-Religion


Sanctions and Security: The Unlikely Alliance of Burkina Faso and Iran


US Navy Gears Up for Potential 2027 China Conflict


Europe?s Innovation Crisis: A Tale of Missed Opportunities and Systemic Challenges


Spiritual Divide Deepens in 2024 U.S. Presidential Race


[Brazil] - Multiplan's Golden Lake: Porto Alegre's First Private Neighborhood Expands


StoneCo?s Strategic Shift: Selling Linx and Refocusing on Core Fintech Business


Luxury Watch Market Navigates Turbulent Waters


Zimbabwe Follows Namibia's Lead: Elephant Culling Amid Drought Crisis


Rock in Rio 2024: Check out this Saturday's line-up, September 14


Chile?s Exports Soar: Record $66.3B in Goods, $1.8 B in Services


Ecuador Closes Venezuela Consulate, Shifts Services Online and Nearby Countries


UK Watchdog Offers Conditional Path for Vodafone-Three Merger


Senegal's Political Shakeup: President Faye Dissolves Parliament, Calls for Early Elections


Russia Hikes Interest Rate to 19% as War Spending Fuels Inflation


Pioneering Aerospike Engine Takes Flight: A New Era in Aerospace Propulsion


Nigeria's Creative Economy: Big Ambitions, Bigger Challenges


Gabon's Political Transition: A Nation Charting a New Course


China's Retirement Age Hike: A Nation Grapples with an Aging Workforce


Dollar Retreats as Markets Anticipate Potential Fed Rate Cut


[Brazil] - Brazil Raises 2024 GDP Growth Forecast to 3.2%


Oil Prices Dip as Storm Francine?s Impact Reassessed


[Brazil] - Amazon's Cloud Computing Arm to Invest $1.8 Billion in Brazil Over Next Decade



Gold Hits Record High as Fed Rate Cut Looms


Global Outcry: 49 Nations Demand Venezuela Release Election Results


[Brazil] - Mexican Companies Expand Abroad Amid Domestic Uncertainty


Economic Divide: Mexico's South Struggles as North and Center Flourish


[Brazil] - Online Gambling Surge: Brazil Becomes World's Third-Largest Betting Market


[Brazil] - Petition for Supreme Court Justice Moraes' Impeachment Gains Massive Support


[Brazil] - Azul Airlines' Financial Tightrope: Creditors Clash Over Guarantees



SpaceX Suits Up: First Commercial EVA Mission Launches


Mozambique's Debt Crisis: A Nation Burdened by Internal and External Obligations


Malaysia Stands Firm on South China Sea Oil Exploration Despite Chinese Pressure


Drowning Sands: Sahel's Battle with Extreme Rainfall


China's Renewable Energy Dominance: A Global Game-Changer


China's Export Resilience: A Double-Edged Sword


The Bread Wars: Mexican Bimbo?s Uruguayan Acquisition Saga


[Brazil] - Dollar Surges on Oil Slump and Inflation Expectations in Brazil and US


[Brazil] - Brazilian Stock Market Dips as Oil Prices Plummet and US Inflation Data Looms


Oil Prices Plummet to Lowest Level Since 2021 as Demand Concerns Grow


The Vanishing Middle: Indonesia's Economic Conundrum


The Rocky Road for Crypto ETFs in Asia: A Tale of Caution and Potential


Somalia's Crackdown on Somaliland Recognition


Silicon Dragons: China's Chip Industry Fuels Unicorn Boom Amid Tech Tensions


Nigeria?s Kogi Steel Project: A Catalyst for Solid Minerals Sector Revival


Morocco?s Tourism Surge: A Beacon of Hope for Africa?s Travel Industry


Monday's African Short News Roundup


Lunar Leap: Global Partners Join China in Pioneering Moon Research


Haiti?s Security Crossroads: UN Considers Replacing Kenya-led Mission with Peacekeepers


Draghi's Call: EUR800 Billion to Revive Economy or Risk Europe's Decline





70