Gabon: Government to end SEEG monopoly

The government has presented a bill to parliament that would remove the monopoly of power and water utility Société d’Energie et d’Eau du Gabon (SEEG) and open up both sectors to private investment.France’s Veolia, which owns 51% of SEEG, signed a 20-year concession contract in 1997 with the Gabonese state, which owns the other 49%.