WoodBois International

WoodBois International (WBI) is 100 percent owned by Argento Limited and operates across the full spectrum of the timber market

The company is a global trader of sawn timber sourced from a large and diverse range of timber producers throughout Africa, while also producing its own sawn timber planks and veneer from its 96,851 hectares of concessions in Gabon.

WBI is headquartered in Copenhagen with African trading operations based in Abidjan, Ivory Coast, where the company leases warehouse space for inventory. Recently WBI opened an office in Pakistan to take advantage of the buoyant Asian markets.

WBI provides highest-quality, sustainable forestry products to a truly global, and often exclusive, customer base, with sales into the Middle East (32%), Europe (17%), North America (15%), Africa (14%), South America (13%) and Asia (9%).

Annual permitted cut in Gabon is set at 70,000m3, with the dominant species, out of more than 30 varieties, being Okume, with easy access to the sawmill and veneer facility located within 70km in Mouila. With a $400,000 cash injection from Obtala and an extension to existing credit facilities for the global trading division, WBI is now able to rapidly expand operations.

The concession rights have no fixed expiration and are renewable annually. FSC or similar certification is being sought in the near future.

Access WBI’s dedicated website here

WoodBois Management Team

Zahid Abbas

Director, WBI, Zahid, a Danish citizen, has more than 20 years’ experience in the timber business, formerly working for DLH Group in roles spanning procurement in Africa, sourcing Brazilian hardwood for French manufacturers and implementing and reinforcing the Group’s environmental policy, based in Copenhagen.

Paul Dolan

Director, WBI, Paul brings almost 30 years' experience in investment banking and finance, where he consistently built award winning, world-class teams and managed global portfolios in excess of $10billion across asset classes. Paul worked in London and Tokyo, and from 2007- 2012 in Hong Kong, as Nomura's Global Head of Convertible Bonds, Co-head of Equities APAC and Chairman of the committee for Corporate Social Responsibility. In 2014, he founded Dolan Sports Management with the goals of managing the careers and wealth of elite athletes, improving the visibility of female sporting role models and financing sports facilities for the underprivileged.

Hadi Ghossein

CEO, WoodBois Gabon. A former diplomat and a Gabonese citizen, Ghossein will manage the operations in Gabon with a minimum three-year commitment.

Jacob Hansen

Director, WBI, Jacob, a Danish citizen, has been in the timber business for more than 30 years. Before joining WBI in 2005, he worked for DLH Group, where he held various international sales and procurement roles based in France, the Middle East and Africa (Gabon, Cameroon) selling lumber produced in West Africa. Earlier in his career Jacob operated a sawmill in Sweden, Canada, and the UK and has also worked in hardwood procurement in the Philippines.

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