The 2024 Finance Law of Gabon (Loi n°005/2023), promulgated on January 22, 2024, approves FCFA 2 729 690 273 240 in total state expenditures and authorizes FCFA 2 568 851 281 920 in domestic and external financing.
In line with its strategic priorities, the law channels significant resources into modernizing and maintaining the country’s water and electricity systems—both through externally financed infrastructure projects and through domestic budget lines for capital and operating needs.
This article distills every dedicated water- and power-related commitment for 2024, with a strong focus on the numbers and clear, accessible explanations.
1. Externally Financed Infrastructure Projects
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Note: Total externally financed water/E-sector disbursements in 2024 exceed FCFA 38 908 + bn, reflecting Gabon’s strong partnership with multilateral lenders.
2. Domestic Capital Investments (Titre 5)
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Details:
Local Service (5.2) covers routine network upkeep, small extensions, and municipal-level staffing across 47 communes.
National Service (5.3) finances high-voltage grid maintenance and SEEG operational readiness.
Hydraulic & Petroleum (24.794) supports watershed management, reservoir studies, and petroleum-sector oversight.
3. Operating & Personnel Budgets
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Interpretation:
Over FCFA 10 bn empowers local administrations to staff, maintain, and upgrade water and electricity networks.
An additional FCFA 5 bn ensures SEEG’s ongoing operating deficit coverage when tariff revenues fall short.
4. Key Figures & Technical Highlights
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Total State Expenditures (2024): FCFA 2 729 690 273 240
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Total Financing Capacity: FCFA 2 568 851 281 920
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External Water/E-Sector Disbursements: > FCFA 38 908 306 000
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Domestic Capital Share for Water/Energy:
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Operating Share (Local Service + Subsidy):
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Budget Stability: Domestic capital lines for core services remain flat year-on-year, while the hydraulic & petroleum line jumps 75 %.
5. Implications for Gabon
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Sustained Operations & Maintenance: Flat domestic budgets for local and national services secure existing infrastructure reliability.
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Strengthened Resource Planning: A 75 % boost for hydraulic & petroleum management underscores a strategic pivot toward integrated water-energy planning.
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Robust External Partnerships: Over FCFA 38 bn in externally financed water and energy projects positions Gabon to meet Millennium Development Goals for universal access.
Read the full Finance Law 2024 (in French):
