Gabonese Strategic Investment Fund (FGIS)

Company description

The Gabonese Strategic Investment Fund was established to assist Gabon in developing new industries capable of generating enough revenue to replace oil revenues.

The main missions of the FGIS are as follows:

  • To contribute to Gabon’s economic development through the active management of the State’s portfolio of investments, including disposal or consolidation of existing State investments, or stable equity investments in the capital of companies with strategic importance
  • To guarantee Gabon’s financial independence and diversify its risks through the investment in capital of part of the State’s surplus revenues, especially oil revenues;
  • To encourage investment by domestic or foreign companies in the national economy’s strategic sectors through equity investments in these sectors;
  • To enable equitable distribution of revenues from the exploitation of natural resources between the generations.

The FGIS thus intends to leverage the resources the Gabonese government assigns annually to the Sovereign Fund of the Gabonese Republic (FSRG), through strategic investments.
The FGIS is the operating leverage to save wealth for future generations.

Company details

City:
Libreville
Address:
Boulevard du Bord de Mer BP : 3873 Libreville

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • March 24, 2022

    MIGA has issued guarantees for 35 MW Kinguélé Aval Hydropower project in Gabon

    The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees to Meridiam for equity investments into Asonha Energie SA, which is responsible for the construction and operation of the 35 M...

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  • July 09, 2021

    Meridiam, Gabon Power Company achieve financial close on 35 MW Kinguele Aval hydropower PPP project on Mbei River

    Gabon Power Company (GPC), a portfolio company of the Gabonese Strategic Investment Fund (FGIS), and Meridiam have signed an agreement for the financing of the Kinguélé Aval hydroelectri...

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  • September 01, 2020

    Dibwangui hydropower project meets international sustainability standards

    The official International Hydropower Association (IHA) ESG has released an assessment report on the Dibwangui hydropower project in Gabon stating that the project has met international best...

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  • October 29, 2019

    Meridiam signs Kinguele Hydropower plant concession contract in Gabon

    Meridiam has signed a 33-year concession contract with the Government of Gabon (GoG) for the 34-MW run-of-the-river Kinguele Aval hydropower plant. Located on the Mbei River, 100 km East from Lib...

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