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Gabon Buys Back Okoume Hotel From Libyan Company, Union Reports

Feb. 21 (Bloomberg) -- Gabon bought back the Okoume Palace International Hotel from Libyan African Investment Portfolio after the company didn’t fulfill terms of an agreement, l’Union reported, citing the country’s tourism department.

The company was meant to renovate the hotel and build a tourist complex nearby, the Libreville-based newspaper said.

To contact the reporter on this story: Antoine Lawson in Libreville at ankolo@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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