NEWS

New commitments made in particular for the benefit of the Congo; Gabon; Cameroon and Guinea, both in the public and private sectors, covering the areas of transport; Energy; agribusiness; industry; health; education; urban services and tourism etc. Note that these projects are in perfect synergy with national development plans.

"Let us know the vision of the Head of State and then the challenges of the agricultural sector, the Congolese must tell us what other type of capacity building they want to have. This is when the bank with all its knowledge and connections will deploy the appropriate assistance, "said the Deputy Director General of...

Following the restrictive measures enacted by the government in response to the spread of the coronavirus, the private sector hopes to benefit from the government from a reduction in corporate tax of 12.36%, according to the survey on the economic impact of the pandemic carried out in June 2020 by the task force, the technical...

“This signature shows France's unwavering support for the Republic of Congo, at a time of health crisis with significant economic and financial consequences. The initiative of the Paris Club and the G20 to suspend debt service is a strong accompanying signal at a critical time, "the French Minister for Foreign Trade and Attractiveness said.

“We understand these control measures. But, they must be done taking into account economic activity. We cannot admit that at this time when we are supporting companies all over the world, that we find ourselves in our environment implementing measures that block economic activity ”, disapproved Célestin Tawamba, President of GICAM.

This partnership results from the implementation of the recommendations of the Minister of Posts and Telecommunications (MinPostel) and the negotiations underway between Camtel and MTN Cameroon since 2018. It will allow the MTN Group through its entity MTN Global Connect to be able to acquire internet capacities from Camtel and resell them to international customers....

The official launch of the ‘Ellever’ program by Ecobank Cameroon took place on March 30th, 2021 in Douala with the presence of administrative authorities and several women entrepreneurs and business owners from all sizes and various sectors (Oil & Gas, agriculture, distribution, photography, event planning, catering, education, communication, childcare, fashion, beauty & hair etc.) of...

According to the explanations of Célestin Tawamba, president of GICAM, who was leading the work, the financing of the economy is a matter of Arles. This sinews of war which preoccupies captains of industries and any economic operator poses a double problem for businesses in general. “At the structural level, we note the low rate...

To implement this private project at a total cost of 10.4 billion CFA francs Global Development. The BDEAC grants a loan of 5 billion CFA francs, or 48% of the total cost while the BSCA-Bank grants a loan of 2.6 billion CFA francs or 25% of the total cost, Global Developpement puts as equity 2,...

The Congolese capital is, in fact, used to hosting pan-African and international meetings. For the time being, the mission reserves the right to comment on this matter. She continues to work with the Congolese authorities, with field visits, before revealing the content of her assessment. "The challenge is to report on evaluations on the ground,...

Raoul Keddy is an international business & affairs consultant, government Relations & public affairs expert, speaker and lobbyist. He is the Founder & Managing Director of Raked Intl LLC. Through Raked Intl LLC, Raoul has been instrumental in developing strategic plans, establishing key partnerships, facilitating negotiations and organizing trade mission trips. Keddy has helped to...

According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support to SMEs and the private sector, through lines of financing to banks local and financial institutions. In particular, it will assist in the development of...

Thus, for this year, the Monetary Policy Committee of the Bank of Central African States predicts, in particular, a real gross domestic product (GDP) growth rate of 1.%, against -2.1% in 2020; an increase in inflationary pressures to 2.7% against 2.4% a year earlier; a reduction in the budget deficit (commitment basis, including grants) to...

However, year-on-year, loans granted to the private sector increased by 2.9% to CFAF 1,132.6 billion in December 2020. They represented 70.9% of total loans against 67.9% in December 2020. This availability of resources would have made it possible to support private sector actors during the last health crisis.

According to the Minister of SMEs, craftsmanship and the informal sector, Yvonne Adelaide Mougany, the goal has been achieved, that of engaging entrepreneurial culture among young people and women. All social layers have been selected in this national private sector support initiative, as women account for 31% of all winners and 14% for vulnerable people.

The Bank thus hopes to get its hands on the operators who are at the origin of the current account deficit observed during fiscal year 2020. If the exact figures of this deficit are not communicated, the media are still talking about a considerable deficit which has led, in recent months, to a reduction in...

According to Agence France Presse, to date, 46 countries out of the 73 eligible, have requested and obtained a postponement of the payment of interest, for an amount of 5.7 billion dollars.

In figures, this economic growth was only 1.7%, whereas it had crossed 4.4% in 2019. This low growth rate was possible with the performance recorded on the mining site in the DRC. Indeed, the sector has benefited from the combined effect of the confinement of workers to mining sites and the good performance of world...