• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
In Debt-For-Nature Deal, Gabon To Commit $163m To Protect Its Oceans

In Debt-For-Nature Deal, Gabon To Commit $163m To Protect Its Oceans

2 years ago
UK Urged To Arrest Israeli President Over Alleged Genocide In Gaza 

UK Urged To Arrest Israeli President Over Alleged Genocide In Gaza 

3 hours ago
Junk Food: One In 10 Kids Obese Worldwide – UN Report 

Junk Food: One In 10 Kids Obese Worldwide – UN Report 

3 hours ago
Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

6 hours ago
MWC Kigali
France Gets New Prime Minister After Bayrou’s Resignation

France Gets New Prime Minister After Bayrou’s Resignation

7 hours ago
Bodies Of Migrants Found In Tunisian Desert After Expulsions

Illegal Migration: Children Among Dead As Migrant Crossings Soar Past 30,000 In UK

8 hours ago
Wednesday, September 10, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    France Gets New Prime Minister After Bayrou’s Resignation

    France Gets New Prime Minister After Bayrou’s Resignation

    At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

    Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    Uganda: “Missing” Student Jailed Over TikTok Video Criticizing President Yoweri

    Uganda: Opposition Figure Arrested In Court During Colleagues Bail Hearing

    Burundi’s Nibigira Emerges President Of Central Africa’s Regional Bloc

    Burundi’s Nibigira Emerges President Of Central Africa’s Regional Bloc

    Senegal: Government Reshuffles Cabinet Amid Economic Tension

    Senegal: Government Reshuffles Cabinet Amid Economic Tension

    Japan: Prime Minister Shigeru Ishiba Resigns After Party’s Electoral Woe

    Japan: Prime Minister Shigeru Ishiba Resigns After Party’s Electoral Woe

    UK: Deputy PM Blames “Inaccurate” Advice For Tax Error

    UK Deputy Prime Minister Quits Over Tax Error

  • Economy
    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    African Leaders Demand Climate Justice At Ethiopia Summit 

    African Leaders Demand Climate Justice At Ethiopia Summit 

    Auto Draft

    Kenya: 66,000 Jobs At Risk As AGOA Deal Ends

    Africa’s Super Banker Resumes As AfDB President, Promises To Harness Africa’s Youthful Energy, Chart Bold Compass For Transformation

    AfDB President Unveils Four Urgent Priorities For First 100 Days In Office

    AfCFTA Key To Shielding Africa From Global Trade Shocks – Mene

    AfCFTA Key To Shielding Africa From Global Trade Shocks – Mene

    Registration Opens For MWC25 Kigali, Africa’s Biggest Connectivity Event

    Registration Opens For MWC25 Kigali, Africa’s Biggest Connectivity Event

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe To Commence Export Of Blueberry To China

    Goldman

    Nigeria: Naira Records Third Consecutive Appreciation Against US Dollar

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    France Gets New Prime Minister After Bayrou’s Resignation

    France Gets New Prime Minister After Bayrou’s Resignation

    At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

    Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    Uganda: “Missing” Student Jailed Over TikTok Video Criticizing President Yoweri

    Uganda: Opposition Figure Arrested In Court During Colleagues Bail Hearing

    Burundi’s Nibigira Emerges President Of Central Africa’s Regional Bloc

    Burundi’s Nibigira Emerges President Of Central Africa’s Regional Bloc

    Senegal: Government Reshuffles Cabinet Amid Economic Tension

    Senegal: Government Reshuffles Cabinet Amid Economic Tension

    Japan: Prime Minister Shigeru Ishiba Resigns After Party’s Electoral Woe

    Japan: Prime Minister Shigeru Ishiba Resigns After Party’s Electoral Woe

    UK: Deputy PM Blames “Inaccurate” Advice For Tax Error

    UK Deputy Prime Minister Quits Over Tax Error

  • Economy
    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    African Leaders Demand Climate Justice At Ethiopia Summit 

    African Leaders Demand Climate Justice At Ethiopia Summit 

    Auto Draft

    Kenya: 66,000 Jobs At Risk As AGOA Deal Ends

    Africa’s Super Banker Resumes As AfDB President, Promises To Harness Africa’s Youthful Energy, Chart Bold Compass For Transformation

    AfDB President Unveils Four Urgent Priorities For First 100 Days In Office

    AfCFTA Key To Shielding Africa From Global Trade Shocks – Mene

    AfCFTA Key To Shielding Africa From Global Trade Shocks – Mene

    Registration Opens For MWC25 Kigali, Africa’s Biggest Connectivity Event

    Registration Opens For MWC25 Kigali, Africa’s Biggest Connectivity Event

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe To Commence Export Of Blueberry To China

    Goldman

    Nigeria: Naira Records Third Consecutive Appreciation Against US Dollar

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

In Debt-For-Nature Deal, Gabon To Commit $163m To Protect Its Oceans

August 15, 2023
in Economy, Top Stories
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Enyichukwu Enemanna

Authorities in Gabon, in conjunction with an NGO, on Tuesday announced that the government has restructured a small portion of its debt in return for $163 million to be invested in the protection of its oceans.

Relatedreading

UK Urged To Arrest Israeli President Over Alleged Genocide In Gaza 

Junk Food: One In 10 Kids Obese Worldwide – UN Report 

The debt-for-nature swap covers about three percent of Gabon’s debt.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

It marks “the start of a 15-year conservation project… to help Gabon finance ocean protection and management for 30 percent of its ocean,” US-based NGO The Nature Conservancy (TNC) said in a statement.

The country’s beaches and coastal waters are home to the world’s largest population of endangered leatherback turtles, endangered Atlantic humpback dolphins, and one of the largest olive ridley turtle nesting sites in the Atlantic.

“For years we’ve been talking about green financing.. but there has been little action,” Water and Forestry Minister Lee White told AFP.

“We hope this… small step … will lead the way to new conversations,” he said.

The debt conversion enables Gabon to refinance $500 million of its national debt in a way that secures funding for marine conservation activities and a clampdown on illegal fishing.

The deal involved the Bank of America issuing a new bond that is insured against political risk by the United States’ International Development Finance Corporation, said TNC, who is piloting the scheme.

“Our Blue Bonds programme (helps) governments reach their conservation and climate goals while also supporting the well-being of their people and economies,” said CEO Jennifer Morris.

The new funds are designed to help Gabon improve the management of its territorial waters, 26 percent of which are currently earmarked as protected, and make its fishing industry more sustainable.

The small West African country is 88-percent covered by forest and has a vast coastline rich in marine species.

Its extensive mangrove forests represent one of the most secure carbon sinks in West and Central Africa, TNC said.

Tags: breakingGabon OceansHeritageheritage timesheritagetimesmediahtlatestnewsthe heritage timesThe Nature Conservancy (TNC)thehtafricathtthtafricatop stories
ShareTweetSend
Previous Post

JUST IN: Raya Teams Up With Arsenal 

Next Post

Rwanda Proposes Bill To Mandate Transporters To Share Passengers Information To Contain Crimes

Related Posts

UK Urged To Arrest Israeli President Over Alleged Genocide In Gaza 

UK Urged To Arrest Israeli President Over Alleged Genocide In Gaza 

September 10, 2025
Junk Food: One In 10 Kids Obese Worldwide – UN Report 

Junk Food: One In 10 Kids Obese Worldwide – UN Report 

September 10, 2025

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

France Gets New Prime Minister After Bayrou’s Resignation

Illegal Migration: Children Among Dead As Migrant Crossings Soar Past 30,000 In UK

Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

Next Post
Rwanda Proposes Bill To Mandate Transporters To Share Passengers Information To Contain Crimes

Rwanda Proposes Bill To Mandate Transporters To Share Passengers Information To Contain Crimes

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
UK Urged To Arrest Israeli President Over Alleged Genocide In Gaza 

UK Urged To Arrest Israeli President Over Alleged Genocide In Gaza 

September 10, 2025
Junk Food: One In 10 Kids Obese Worldwide – UN Report 

Junk Food: One In 10 Kids Obese Worldwide – UN Report 

September 10, 2025
Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

September 10, 2025
France Gets New Prime Minister After Bayrou’s Resignation

France Gets New Prime Minister After Bayrou’s Resignation

September 10, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

UK Urged To Arrest Israeli President Over Alleged Genocide In Gaza 

September 10, 2025

Junk Food: One In 10 Kids Obese Worldwide – UN Report 

September 10, 2025

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

September 10, 2025

France Gets New Prime Minister After Bayrou’s Resignation

September 10, 2025

Illegal Migration: Children Among Dead As Migrant Crossings Soar Past 30,000 In UK

September 10, 2025

Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

September 9, 2025

Aid Cuts Dominate Talks At Africa Climate Summit

September 9, 2025

Ivory Coast: Former First Lady Cleared To Contest Presidential Election

September 9, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In