In a dazzling display of glamour, the 63rd Monte-Carlo Television Festival unfurled its red carpet to the world’s finest in television, inaugurated by H.S.H. Prince Albert II of Monaco at the resplendent Grimaldi Forum. The evening’s festivities commenced with the introduction of the esteemed Golden Nymph Awards jury members on the prestigious Salle Des Princes...
The document was initialed by the Minister of Public Health Dr Abdelmadjid Abderahim and the Deputy Country Director of the World Food Program Enrico Pausilli. The amount was mobilized by the World Bank and makes it possible to cover various interventions relating to the prevention of malnutrition, to ensure nutritional care, cash transfer, distribution of...
Faced with the outcry caused by Gabon’s debt figures (70% of GDP) contained in the recent report produced by the international financial institution, the Resident Representative of the International Monetary Fund (IMF), Gomez Agou, declared, Monday 10 June, that this data, until 2023, is data inherited from the fallen regime. “These are figures for management...
In detail, this new agreement falls within the framework of the first review of the Resilience and Sustainability Facility (FRD), as well as the sixth reviews of the program supported by the Extended Credit Facility (ECF) and the Extended Credit Facility. credit (MEDC). Indeed, the said agreement will very soon be submitted for validation by...
The Resident Representative of the International Monetary Fund (IMF), Gomez Agou, spoke on Monday, June 10, on issues relating to the Report of the IMF’s Article IV consultation with Gabon. Faced with misunderstandings and sometimes erroneous interpretations of the data in this report, currently published in English, he provided clarification on points such as Gabon’s...
Faced with Chinese competition and its hegemony at the global level, the European Union once again demonstrated its interest in raw materials during the Cameroon International Convention of Mines and Exhibitions (CIMEC) held from May 22 to 24 2024 in Yaoundé. Present at the work of Cimec 2024, the current ambassador, Head of Delegation of...
Departing from Abu Dhabi’s Khalifa port last April, the two quay gantry cranes (STS) and five park gantry cranes (RTG) were received on June 3 at the port of Owendo. Equipped with the latest automation technologies, this new equipment will allow Owendo container terminal (OCT) to take a big step forward in port exports. They...
From July 10 to 19, 2023, the High-Level Political Forum on Sustainable Development (HLPF) was held under the auspices of the Economic and Social Council (ECOSOC). The forum, themed “Accelerating the recovery from COVID-19 and fully implementing the 2030 Agenda for Sustainable Development at all levels,” brought together global stakeholders to discuss inclusive and effective...
Kylian Mbappé, 25, will officially leave Paris Saint-Germain to join Real Madrid. The forward, who has made a significant impact on French football in his eight-year professional career, announced this decision on Monday, June 3. “I play to make history, and I’ve always said I wanted to make history in France, in the capital of...
The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under the leadership of Madame Kabedi Malangu Mbuyi, Governor of the Central Bank of Congo, the CPM also maintained the mandatory reserve coefficients for deposits in...
The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under the leadership of Madame Kabedi Malangu Mbuyi, Governor of the Central Bank of Congo, the CPM also maintained the mandatory reserve coefficients for deposits in...
In a strategic approach for the development of port infrastructure, the Autonomous Port of Douala (PAD) signed a framework cooperation agreement with the Support Council for the Realization of Partnership Contracts (CARPA). This collaboration aims to strengthen and expand the capacities of the port of Douala-Bonabéri, an economic hub for Cameroon and the sub-region. May...
Dr. Akinwumi Adesina, the president of the African Development Bank Group, today unveiled an ambitious five-point programme to attract much-needed private sector investment to accelerate Africa’s economic transformation and meet the challenges of a host of interlocking global crises. Addressing the Governors’ Dialogue, a keynote event of the Bank’s Annual Meetings, Adesina on Tuesday called...
Experts attending an African Development Bank High-level dialogue in Kenya have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary education and equip the continent’s youth with competitive skills. During a panel discussion at the Bank’s 2024 Annual Meetings in Nairobi, the experts stressed the importance of political commitment to guarantee...
Judith Suminwa inherits from Sama a certain revenue performance over the first four months of 2024 but pressures on security spending, but not only, remain high. For the IMF, a revised finance law for 2024 must integrate the positive impact of the amendment to the contract with the mining company SICOMINES recently signed, both in...
At the end of the first Gabon-France economic forum held on Wednesday 29, which saw the participation of nearly 600 business leaders from both countries, the Gabonese side managed to mobilize more than 1.100 billion euros, including memoranda of understanding (MoU) signed in the presence of the President of the Transition. Undeniable success this Wednesday,...
On May 24, 2024, the Minister of Labor and Social Security, Grégoire Owona, on behalf of the President of the Republic, Paul Biya, honored the Globeleq staff in Cameroon. Alongside the top management led by Frédéric Mvondo, Managing Director of Globeleq in Cameroon, 79 medals including 61 in silver, 16 in vermeil and 2 in...
Africa stands at crossroads – a continent beaming with potential, innovation, and promise. As we navigate the complexities of the global landscape, it is important that we chart a course towards sustainable development, inclusive growth, and shared prosperity. At the forefront of this transformative journey is the philosophy of Africapitalism—a bold and visionary approach to...
