Who We Are
Gabonese Sovereign Wealth Fund
As the exclusive manager of the Sovereign Wealth Fund of the Gabonese Republic and of the non-attributed assets of the Gabonese government’s portfolio, FGIS mobilizes the government’s resources from its portfolio and from oil exploitation for the benefit of Gabon’s infrastructure, economic fabric and social sectors.
Since November 2022, FGIS is also the exclusive agent in charge of marketing carbon credits belonging to the Gabonese Republic.
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Established in 2012, the Gabonese Fund for Strategic Investments (FGIS), is the exclusive manager of the Sovereign Wealth Fund of the Gabonese Republic (FSRG) and is dedicated to investing in the realization of intergenerational shared prosperity in Gabon.
Today, we act as a development fund dedicated to financing the implementation of government priorities for the benefit of the population and future generations. Our action is aligned with the country’s strategic orientations defined in the Plan d’Accélération de la Transformation (PAT), presented in 2021 in a logic of structural transformation of the economy.
Message from the Chief Executive Officer, Mr. Akim Daouda
Created to grow national savings and actively contribute to the diversification of the Gabonese economy, the Gabonese Sovereign Wealth Fund inherited state holdings in a dozen key sectors in Gabon and has a total of 83 companies in its portfolio.
The FGIS is regulated according to an extremely strict protocol in terms of governance, social and environmental responsibility in order to carry out its missions in accordance with the needs, not only of the Gabonese people, but also of leading international institutions and companies.
The strategic review of our operations in the context of a global pandemic gave us the opportunity to carry out an in-depth reflection on transformation. This is now beginning to bear fruit, as evidenced by the development and the start of the implementation of 2020-2025 strategic plan, fully supported by a mobilized and committed team.
Our investment strategy aims to achieve a dual objective of financial performance of the portfolio to promote social impact. We intend to achieve this performance through optimized management of our assets and mobilization of our resources, at the service of Gabonese, for today and tomorrow.
Our History
Abrogation of the legislation requiring any company developing in Gabon to cede 10% of its share capital to the State.
Creation of the Future Generations Fund (FGF) to ensure a quality of life at least equal to that of the current generation.
Conception of the Emerging Gabon vision which explores new avenues for economic growth beyond the oil revenues and sets up an investment program to diversify the economy.
Adoption of Order Nº008/PR/2011 of August 11, 2011 for the transformation of the FGF into the Sovereign Wealth Fund of the Gabonese Republic (FSRG).
Creation of the Gabonese Strategic Investment Fund (FGIS) in the form of a public body with industrial and commercial functions (EPIC).
Creation of a subsidiary dedicated to the development of sustainable energy infrastructures, Gabon Power Company (GPC) and a subsidiary dedicated to urban planning and development projects, Façade Maritime Champ Triomphal (FMCT).
Creation of Okoumé Capital (OKC), a structure dedicated to the financing and support of SMEs.
Onboarding of a new Board of Directors and a new Chief Executive Officer.
Integration of 2 subsidiaries into the portfolio: RISE, an infrastructure fund specialized in transport and co-owned by the Islamic Development Bank and the National Pharmaceutical Office (OPN).
The FGIS becomes the exclusive representative for the marketing of carbon credits in the Gabonese Republic.
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Our Mission
To contribute to a shared prosperity for current and future generations through a new model of inclusive and sustainable development.
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Our Vision
To be a catalyst for the development, and economic, social and environmental transformation of Gabon.
Our Values
Agility
Resilience
Benevolence
Commitment
