The Minister of Trade, Luc Magloire Mbarga Atangana, issued a statement on October 30, 2025, addressed to the owners and managers of supermarkets and hypermarkets. This statement comes in response to consumer complaints denouncing excessive price increases in several stores, amidst post-election tensions. “You have allegedly taken advantage of the post-election context to carry out...
The Gabonese oil sector has been booming in recent weeks. Following the signing of the memorandum of understanding with British Petroleum, but also with the company Pilgrim Exploration Limited, the Gabonese State signed, on October 30, a new Production Sharing and Exploration Contract (PSEC) “Konzi – Ayol n° G5-146” with the Gabon Oil Company (GOC). ...
At the initiative of the International Labour Office (ILO) in partnership with the Ministry of Agriculture, Livestock and Fisheries and the Integrated Development Project for Agricultural Value Chains (Prodivac), twenty business advisors who are members of the Interprofessional Union of Private Sector Workers are strengthening their business management skills. The training began on October 29...
African Export-Import Bank (Afreximbank) on Saturday in Cairo, Egypt, swore in George Elombi as the bank’s fourth President and Chairman of the Board of Directors, taking over from Benedict Oramah as head of the African multilateral trade finance institution. Formalised with an oath administered by Mr. Wale Edun, Chairman of the Annual General Meeting of...
Meeting on October 23, 2025, the Council of Ministers adopted a major draft decree transferring powers and resources from the State to local authorities. This decision aims to concretize local governance and provide local authorities with the necessary means to better meet the needs of the population. This commitment notably provides for the creation of...
The current operation concerns all households, businesses and small industries connected to Eneo’s low-voltage network, i.e. more than 600,000 of the company’s customers. From October 16 to December 31, 2025, Eneo customers in its Douala region will receive technical teams at their homes or places of business. The company responsible for distributing electricity in Cameroon...
The participation of Finance Minister Louis Paul Motaze and Economy Minister Alamine Ousmane Mey in the IMF Annual Meetings in Washington, D.C., from October 13 to 18, 2025, confirmed Cameroon’s credibility with its partners, while paving the way for a new cycle of cooperation based on the consolidation of reforms, fiscal sustainability, and productive investment....
The United Bank for Africa (UBA) has reaffirmed its commitment to developing the next generation of African leaders through its prestigious Graduate Management Accelerated Program (GMAP), an intensive six-month initiative aimed at strengthening the technical and leadership skills of young professionals.At a vibrant graduation ceremony, UBA executives celebrated the new class of graduates who successfully...
According to the October 2025 Regional Economic Outlook report, Gabon loses between 1.2% and 1.5% of its GDP through VAT exemptions, primarily in the oil, mining, and forestry sectors. The International Monetary Fund (IMF) warns of the impact of these tax breaks on the country’s ability to mobilize domestic resources and finance its public infrastructure,...
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