• About
  • Advertise
  • Privacy & Policy
  • Contact
Kenyan Business Feed
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business
No Result
View All Result
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business
No Result
View All Result
Kenyan Business Feed
No Result
View All Result
Home News

Gabon finds 200 missing containers of rare hardwood : The Standard

Kenyan Business Feed by Kenyan Business Feed
Share on FacebookShare on Twitter

[ad_1]

  • Reuters 16th May 2019 10:04:14 GMT +0300
The rare Kevazingo tree, which can take 500 years to grow to its full height of 40 metres, is highly valued in Asia but is illegal to fell in Gabon. (Photo, AFP)

Gabon has recovered 200 containers of protected hardwood out of a larger haul that was confiscated by the authorities earlier this year and then went missing, a senior prosecutor said late on Monday.

The announcement followed a promise from Gabon’s president to punish those responsible for the theft in April of 353 containers of illegally felled kevazingo wood – worth nearly Sh25.3 billion (USD250 million) – from a cache of 392 containers seized at the port of Owendo in late February and early March.
Gabon’s prosecutor general Olivier N’zahou said 71 of the missing containers were found on the port premises of Cameroon-registered transport company SOTRASGAB, and 129 were found on the property of company Owendo Container Terminal (OCT).
Two Chinese nationals are being held in relation to the case, which N’zahou said also involved Gabonese authorities.
“The people detained, and those who are set to be, will be presented before the state prosecutor once the investigation is completed,” said N’zahou, adding that 153 containers remained unaccounted for.
SOTRASGAB and OCT did not immediately respond to requests for comment.
There is high demand in Asia for wood from the rare kevazingo tree, which can take 500 years to grow to its full height of 40 metres (130 feet). While forestry is a major industry for Gabon, the kevazingo is protected by law.

Register to advertise your products & services on our classifieds website Digger.co.ke and enjoy one month subscription free of charge and 3 free ads on the Standard newspaper.

Related Topics

GabonKevazingo Wood



[ad_2]

Source link


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]
Kenyan Business Feed

Kenyan Business Feed

Recommended.

Kenya Airways posts Sh7.55bn loss

April 30, 2019
First look at the prison where El Chapo may live for the rest of his life

First look at the prison where El Chapo may live for the rest of his life

July 17, 2019

Subscribe.

Trending.

Xiaomi Unveils REDMI Note 15 Series: REDMI Titan Durability Meets Advanced Imaging

Xiaomi Unveils REDMI Note 15 Series: REDMI Titan Durability Meets Advanced Imaging

February 20, 2026
SportyBet Sporty Games Guide 2026 – Play Crash Games, Slots & Instant Wins

SportyBet Sporty Games Guide 2026 – Play Crash Games, Slots & Instant Wins

February 20, 2026
Why SportyBet’s 1UP Early Win Is a  Game-Changer for Kenyan Punters in 2026

Why SportyBet’s 1UP Early Win Is a Game-Changer for Kenyan Punters in 2026

February 20, 2026
The 4th Global Tourism Resilience Day, led by CS Rebecca Miano in Nairobi from February 16–18, united delegates from Africa, Europe, and Asia to advance adaptive tourism, climate resilience, digital transformation, and community engagement.

Nairobi Hosts 4th Global Tourism Resilience Day as CS Rebecca Miano Champions Sustainable Sector Growth

February 26, 2026
South Africa’s Casey Jarvis secured the Sh60 million top prize at the 2026 Magical Kenya Open after a record 25-under-par finish at Karen Country Club, as Tourism Cabinet Secretary Rebecca Miano positioned the DP World Tour event as a key driver of golf tourism, hotel occupancy, and international visibility for Kenya.

Magical Kenya Open Concludes with Ksh 60 Million Prize as State Bets on Golf to Boost Tourism Earnings

February 26, 2026
Kenyan Business Feed

We focus on news, analysis, and reports about Kenyan business, covering sectors like agriculture, finance, tourism, and technology.

Categories

  • African
  • Agribusiness
  • Courts
  • Education
  • Health
  • Hospitality
  • Manufacturing
  • NetWorths
  • News
  • Reports & Analysis
  • World Business

Popular News

  • First look at the prison where El Chapo may live for the rest of his life

    First look at the prison where El Chapo may live for the rest of his life

    2157 shares
    Share 1040 Tweet 466
  • Sameer Africa CEO Sacked

    1804 shares
    Share 750 Tweet 439

Recent News

Kenya and Jamaica signed a Memorandum of Understanding at the 4th Global Tourism Resilience Day in Nairobi, integrating AI tools to transform Kenya’s tourism sector, enhance data-driven visitor insights, and boost global competitiveness.

Kenya and Jamaica Sign MoU to Integrate AI and Drive Digital Transformation in Tourism

February 26, 2026
The 4th Global Tourism Resilience Day, led by CS Rebecca Miano in Nairobi from February 16–18, united delegates from Africa, Europe, and Asia to advance adaptive tourism, climate resilience, digital transformation, and community engagement.

Nairobi Hosts 4th Global Tourism Resilience Day as CS Rebecca Miano Champions Sustainable Sector Growth

February 26, 2026
  • Home
  • African
  • News
  • Education
  • Health
  • Reports & Analysis
  • World Business

© 2025 KBF

No Result
View All Result
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business

© 2025 KBF