Cost of living in Gabon

Because most early Bantu languages spoken in these kingdoms did not have a written form, much of Gabon's early history was lost over time. Portuguese traders who arrived in the mid-1400s gave the area its name of Gabon. At that time, indigenous trade networks began to engage with European traders, exchanging goods such as ivory and wood. For a century beginning in the 1760s, trade came to focus mostly on enslaved people. While many groups in Gabon participated in the slave trade, the Fang were a notable exception. As the slave trade declined in the late 1800s, France colonized the country and directed a widespread extraction of Gabonese resources. Anti-colonial rhetoric by Gabon’s educated elites increased significantly in the early 1900s, but no widespread rebellion materialized. French decolonization after World War II led to the country’s independence in 1960. Within a year of independence, the government changed from a parliamentary to a presidential system, and Leon M’BA won the first presidential election in 1961. El Hadj Omar BONGO Ondimba was M’BA’s vice president and assumed the presidency after M’BA’s death in 1967. BONGO went on to dominate the country's political scene for four decades (1967-2009). In 1968, he declared Gabon a single-party state and created the still-dominant Parti Democratique Gabonais (PDG). In the early 1990s, he reintroduced a multiparty system under a new constitution in response to growing political opposition. He was reelected by wide margins in 1995, 1998, 2002, and 2005 against a divided opposition and amidst allegations of fraud. After BONGO's death in 2009, a new election brought his son, Ali BONGO Ondimba, to power, and he was reelected in 2016. He won a third term in the August 2023 election but was overthrown in a military coup a few days later. Gen. Brice OLIGUI Nguema led a military group called the Committee for the Transition and Restoration of Institutions that arrested BONGO, canceled the election results, and dissolved state institutions. In September 2023, OLIGUI was sworn in as transitional president of Gabon.