About us
Who we are
As part of their partnership strategy for the period 2019 - 2023, as formalised in the Member Country Partnership Strategy (MCPS), Gabon and the Islamic Development Bank have committed to structuring infrastructure projects to improve the logistics of the timber and mining sectors. A special investment vehicle, known as RISE Gabon, has been established for this purpose.
Within the context of this unprecedented partnership, the IsDB has decided to go beyond sovereign loans and invest its own funds in Gabon, within the RISE investment vehicle. Article 1 of the constitutive statutes of RISE Gabon, signed by the Gabonese Republic and the Islamic Development Bank on 20 October 2020, designates this investment vehicle as:
''
A special fund of an international nature {....} by virtue of Article 10 of the agreement establishing the Islamic Development Bank, ratified by the Gabonese Republic.
The share capital of RISE Gabon is USD 60 million USD shared between the Republic of Gabon, represented by the Gabonese Strategic Investment Fund (exclusive mandate of the Sovereign Wealth Fund of the Republic of Gabon), and the Islamic Development Bank.
RISE has the capacity to cover the full project cycle from conducting the feasibility studies, to structuring the concessions, tendering them out to the market, supporting the development of the projects in a partnership with a technical developer and contributing to the project debt financing.
Key Dates
February 24, 2020
The IDB and RG signed a memorandum of understanding on the principles of structuring of the RISE Gabon vehicle and its structuring process as well as its implementation implementation process.
October 15, 2020
RISE Gabon was formally created during the signing ceremony of its constitutive documents documents (statutes, shareholders agreement and headquarters agreement) between the Republic of Gabon and the IDB.
January 20, 2021
The first AGM defined RISE Gabon as a special investment fund endowed by the "Partners" with a cash sum of 60 million (60,000,000) US dollars and appointed the directors of RISE Gabon.
July 13, 2021
The first Board of Directors meeting allowed for: (i) the appointment of the Chairman of the Board of Directors (ii) the appointment of the Director General (iii) the validation of the RISE Gabon roadmap and budget (iv) the launch of the recruitment of a consultant for the elaboration and adoption of the RISE Gabon procedure manual.
Our Vision
RISE is a major investment vehicle that aims to be a catalyst for investment in infrastructure in Gabon in order to promote the growth of high potential sectors.
Its intervention is structured around two key missions:
01
Structuring and financing infrastructure projects that contribute to improving the competitiveness of the Gabonese economy, particularly in sectors with high growth potential such as the timber industry and mining.
02
Strengthen Gabon's national capabilities in the structuring of Public Private Partnerships and the mobilisation of private investment.
Our Gouvernance
RISE Gabon has been structured with its own legal personality and with a governance built at three levels. This governance structure is defined in the constitutive documentation of RISE Gabon and more particularly in the in particular in the Articles of Association and the Shareholders' Pact.
The governance bodies have a hierarchical structure described as follows
General Assembly
The highest level is the General Assembly. This body is the main controlling body of RISE Gabon, it is composed of the shareholders who are currently limited to the Republic of Gabon which holds 75% of the capital and the IDB which holds 25%.
For most of its mandate, it makes decisions by a majority of the voting rights, which are voting rights, which are distributed in proportion to the shareholding. However, for certain specific issues, mainly related to the capital structure, decisions are taken by a two-thirds majority. capital structure, decisions are taken by a two-thirds majority of votes in a of votes at a specific meeting of shareholders called the Extraordinary Shareholders' Meeting Extraordinary General Meeting, at which the IDB has a veto right on all decisions right of veto for all decisions taken.
The General Assembly, at its normal or extraordinary meetings, is The General Meeting, at its normal or extraordinary meetings, is exclusively competent for all matters relating to the and shareholding structure. The General Meeting meets at least once a year and once a year and appoints the members of the Board of Directors.
Board of Directors
The second level of governance is the Board of Directors. This is the the decision-making body of RISE Gabon that defines the strategic direction of RISE Gabon of RISE Gabon and makes decisions on all matters delegated by the General Assembly or delegated by the General Assembly or directly assigned to it by the statutes. The Board of Directors is composed of five directors, three of whom are appointed by the Republic of Gabon and two by the IDB. It is chaired by one of the It is chaired by one of the two IDB directors. The Board of Directors takes all decisions relating to RISE Gabon and decisions relating to RISE Gabon and appoints its General Manager and Deputy General Manager. Director General and Deputy Director General. The Board of Directors takes its decisions by a majority vote. The Board of Directors takes decisions by a majority vote, with each director having one vote. The Chairman of the Board of Directors has no additional voting power.
General Management
The third level of governance is provided by the Chief Executive Officer, who is appointed by the Board of Directors for a term determined by the Board. The CEO's term of office is renewable and can be revoked at any time by the Board of Directors. The Chief Executive Officer is responsible for the general day-to-day management of RISE. He reports on his activity to the Board of Directors and the General Assembly. He is responsible for implementing the strategies and decisions of the two higher governance bodies.
The Chief Executive Officer represents RISE in its relations with third parties. In the performance of his duties, the Chief Executive Officer is vested with the broadest powers within the limits of the corporate purpose and subject to the responsibilities expressly assigned to the General Meeting or specially reserved for the Board of Directors. In its relations with third parties, RISE Gabon is bound by the signature of the Chief Executive Officer within the limits set by the Articles of Association.
Our team
Emmanuel LEROUEIL
General Manager RISE Gabon
Emmanuel LEROUEIL
General Manager RISE Gabon
Emmanuel LEROUEIL has been appointed, on July 13, 2021 by the Board of Directors of RISE Gabon, as a Director. As such, he fully plays the role of General Manager of the structure.
Professional experience
Emmanuel LEROUEIL is also Special Advisor to the President of the Gabonese Republic since April 8, 2021.
He has more than 10 years of experience in economic development strategy and public policy consulting: in consulting firms (EY, Performances Group, Deloitte) supporting community (CEMAC) and national (Gabon, Madagascar) public institutions as well as companies in the financial sector.
Emmanuel LEROUEIL also holds several directorships in major institutions in Gabon such as the Gabonese Fund for Strategic Investments (FGIS), the urban development company Façade Maritime du Champ Triomphal (FMCT) and the Guarantee Company of Gabon (SGG).
Academic background
Emmanuel LEROUEIL is a graduate of Sciences Po Paris.
Pierre MOUNANGA
Project Development Manager
Pierre MOUNANGA
Project Development Manager
Pierre Ybimba MOUNANGA is the Director of Project Development at RISE Gabon.
Academic background
Engineer in Civil Engineering and Urban Planning graduated from the National Institute of Applied Sciences of Rennes, and holder of a Diploma of Advanced Studies, a Ph.D. and a Habilitation to Supervise Research in Civil Engineering, he was Senior Lecturer (2004-2010) and then University Professor (2010-2012) at the University of Nantes (France) where he directed the Civil Engineering training program.
Professionnal experience
Back in Gabon, Mr. Pierre MOUNANGA was Deputy Director General of the Agence Nationale des Grands Travaux d'Infrastructures (ANGTI) and also worked as Deputy General Coordinator of the Coordination Office of the Gabon Emerging Strategic Plan, in charge of monitoring the implementation of the National Master Plan for Infrastructure.
Mr. Pierre MOUNANGA was also Coordinator of the Local Infrastructure Development Project (PDIL2), the result of a partnership between the Government of Gabon and the World Bank financed to the tune of 100 million US dollars.
In April 2020, he was appointed by the Council of Ministers as Special Advisor to the President of the Republic, in charge of infrastructure issues.
Pierre Celestin MEYE BIKA
Project Finance Director of RISE GABON
Pierre Celestin MEYE BIKA
Project Finance Director
Before joining RISE Gabon in January 2022, Pierre Célestin MEYE BIKA was Director of Cabinet of the President of the Economic Community of Central African States (ECCAS).
Professional experience
His career was mainly spent in the Gabonese Administration, where he held several positions. First, in the General Directorate of Economy and particularly as Director of Sectoral Programmes (which gave him the opportunity to follow the activities of the productive sector) and subsequently, in the cabinets of the Ministers of Economy and Finance over the period 1998 to 2012. In this position, he mainly monitored the State's financial operations in the context of the implementation of financial programmes signed with the IMF, privatization and liquidation of public companies. In addition to coordinating the elaboration of the economic and financial model of the New ANDEM Airport (2012-2013), he also provided consultancy services for certain projects financed by donors, the Economic Commission for Africa (ECA) and for some Gabonese public companies (Transgabonaise, SNBG, BGD).
In 2012, he was appointed to the Prime Minister's Office as Director of Cabinet and later as Adviser to the Prime Minister, Head of the Economy Department, before moving to the international arena in January 2018, following his promotion to the rank of Director of Cabinet of the ECCAS Commission, a position he held until December 2021.
At the end of his time in the ECCAS institution, his experience was strengthened by the monitoring and processing of the Community major work files and also partnerships between the Community and donors in the context of financing of integration projects in the sub-region.
After having been, over the period 2007-2019, Administrator representing the Gabonese Republic at Gabon Télécom, Pierre Célestin MEYE BIKA is currently Administrator representing the FGIS on the Board of Directors of Moov Gabon Télécom.
Academic background
In terms of academic background, in addition to courses in economic and financial programming under the supervision of the IMF, he is a graduate of the Institute of Economics and Finance (Libreville), the CEFEB (French Development Agency - Marseille), the International Institute of Public Administration (Paris) and holds a DESS (post-graduate diploma) in Management and Corporate Finance (University of Paris 1 Sorbonne).
Frédéric EMANE
Managing Director SAGL
Frédéric EMANE
Managing Director SAGL
Frederic Emane is a skilled and results-oriented executive with more than twelve years of experience, delivering strategic leadership in project management and business development in infrastructure projects.
Professional experience
He joined RISE as Managing Director of the special purpose vehicle (SPV) Societe d’Amenagement du Grand Libreville (SAGL). His experience covers all phases of an infrastructure project from early stages to commissioning, including execution. Prior to joining RISE, Frederic worked for Vinci, Bechtel and the Agence Nationale des Grands Travaux in Gabon, where he held several leadership positions. He is used to working with professionals of all disciplines involved on the development of infrastructure projects such as Engineering for constructability reviews, Project Controls for scheduling or Legal firms.
Academic background
Frederic holds a Master of Science in Civil Engineering from CESI engineering school (France).
Emmanuel EYEGHE
Managing Director INPAX
Emmanuel EYEGHE
Managing Director INPAX
On November 12, 2021, Emmanuel EYEGHE NZE was appointed General Manager of INPAX SA.
Professional experience
Prior to this date, Emmanuel EYEGHE NZE served for more than 20 years in the Gabonese Administration, particularly in the economic and financial field, holding the positions of Minister's Advisor, Minister's Cabinet Director and Director General of Competition and Consumption.
During his experience in the Administration, he coordinated the technical discussions and monitoring of the implementation of the Transgabonais Upgrade Program (PRN 1), co-financed by the State and the concessionaire SETRAG, and which aimed at increasing the transport capacity of the railway and strengthening the governance of the concessionaire.
Academic background
Emmanuel EYEGHE NZE is a graduate of the Institut de l'Economie et des Finances du Gabon (IEF), with a major in Public Finance, and of the Ecole Nationale d'Administration (ENA) in France.