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...
On the first 40 km of the motorway, it rolls easily. All that remains is the installation of 2 toll booths. In the last section, there is grain to grind. In particular on the Manyaï bridge, located a few kilometres from the town of Boumyebel, in Nyong-et-Kelle, central region.
According to Prof. Daniel Ona Ondo, chairman of the Commission of the Economic and Monetary Community of Central African States (CEMAC), the measure taken by Ali Bongo banning the export of logs to favor their first processing at the local level has started to produce positive results, particularly in these times of crisis due to...
To secure and maximize state revenue, the Ministry of Finance and Budget has set up the Single Payment Window (GUP) for the collection of taxes. Within one month of operation, this device housed within the Postal Bank was able to collect around 40 billion FCFA.
During the official first contact meeting, the new FAO resident representative wanted to reassure the Congolese side of its willingness to realise priority projects. The fight against poverty and food insecurity, according to Yannick Ariane Rasoarimanana, involves promoting agriculture among young people, by introducing the concept of agricultural entrepreneurship.
"We can work to make agriculture more transformative, which means not only producing but also transforming to sell the harvest on the national market. Young people deserve to be supported and followed, to be good agri-entrepreneurs. It is not a question of subsistence agriculture, but rather that feeds people, ensures financial autonomy and creates jobs,...
Regarding the increase in the total balance sheet, BGFIBank explained that this performance results from the combined effects of the increase in outstanding customer loans in almost all subsidiaries; the increase in customer deposits in connection with collection actions carried out at Group level, with a significant impact in the entities of the UEMOA and...
“6000 people including 1000 households will benefit from this project in the towns of Bibemi, Zina and Poli. They will be trained in the use of solar energy systems, in ecological briquette manufacturing techniques, in biomass manufacturing techniques, all of this to enable the availability of clean, affordable and more efficient energy ”, Valérie Nkue,...
