Between September 2018 and 2020, the outstanding bank loans to the economy of the sub-region were down by 119 billion FCFA. They explain that most of their resources are sight or short-term deposits. However, they are ready to store the resource without any remuneration.
The constant external shocks that Gabon has suffered due to the sharp drop in world oil prices and the need to finance development in the post-Covid-19 era demonstrate the importance of a transformation in Gabon that would do so move from brown growth to green growth based on its natural capital, ”said ECA Central Africa...
During his mandate, the national delegate ensures the Human Resources function vis-à-vis stakeholders. It recruits local workers, supervisors, service providers and learners through individual applications. Likewise, it supports banks in organizing the entrance test for the Banking Management Training, as well as for the entry tests on the various training courses for the entire banking...
In the same vein, the president of the CEMAC Commission, Daniel Ona Ondo, declared that: “this tax has suffered a big backlash in relation to the health crisis, with an outstanding debt of 80 billion FCFA by the end of 2020… given the objectives to be achieved, in particular the finalization of the project aimed...
According to the Resident Representative, all of these projects required an envelope of more than 170 million US dollars, or more than 102 billion FCFA approximately. If this sum was already considered to support the States of the sub-region facing the coronavirus pandemic, the United Nations official announces that the FAO should do more in...
It should be noted that the TCI is considered to be the main source of funding for the Cémac budget. It concerns 1% of the taxable value of imports of products originating in third countries. Thus, each of the member countries is responsible for collecting this tax at its borders and remitting it to the...
According to the 2019 report on public enterprises published by the Technical Commission for the Rehabilitation of Public and Para public Sector Enterprises (CTR), operated by our colleagues from Investing in Cameroon, SONARA showed a deterioration of its funds as of December 31, 2019. own, dropping from -60.3 billion FCFA in 2018, to -167.6 billion...
This meeting held in the prelude to the 36th session of the UEAC Council of Ministers scheduled for January 27, 2021 by videoconference. This assembly, also chaired by the Cameroonian Minister of the Economy, Planning and Territorial Development, Alamine Ousmane Mey, current President of the Council of Ministers of UEAC, will allow participants to discuss,...
"We must make up for this delay in a context of budgetary restrictions, which obliges us to be innovative in the methods of mobilizing financing for our investments, by giving priority to private investments and public-private partnerships, the risks of which we must, however, control" a declared Rose Christiane Ossouka Raponda.
The budget of approximately 1 billion 600 thousand FCFA planned this year is also part of the continuation of the equipment of multimedia rooms in the schools concerned, the Sathoud technical high schools in Dolisie, Victor Augagneur and Poaty Bernard in Pointe-Noire.
Specially dedicated to craftsmen in Gabon, specifically associations, GIEs, cooperatives, federations, confederations and professional orders of craftsmen, this mechanism for financing development projects for the year 2021 has a global envelope of 113,175 541 FCFA.
“The health crisis has had a negative impact on our society. Our operators and employees were able to adopt a different pace of work within our facilities, both on land and at sea. We had maintained our presence on the Djeno site as well as on other offshore sites, which enabled us to produce 75,000...
Forecasts for Sector South II amount to 11 billion FCFA, while Coastal Sector II is expected to pay out to 7 billion FCFA. 1 billion is the expected revenue for the South West Sector, and 535 million FCFA for the North Sector. The Far North, Center and South I customs sectors will have to replenish...
Pending its financial report for the 4th quarter of 2020, BW Energy provided an update on January 18 on the operation and development of the Dussafu Marin permit license, off Gabon. During this period, the oil and gas company achieved gross production of 1.24 million barrels of oil on the Tortue field, located on the...
“The program also benefited from another grant of 9.7 billion FCFA from the African Development Fund (ADF) as well as a loan of 3.4 billion FCFA from the same ADF, the Bank's window in charge. loans at concessional rates, ”the document said. PARFIP II (PUCB), for its part, “very quickly supported efforts to strengthen the...
They offer a distinctive opportunity for sponsors, virtual exhibitors, panellists and partners, to expand their network and identify business opportunities. For the first day, Nigeria will be in the spotlight on investment opportunities - the risks - the challenges - the prospects in a continent of the future. Several speakers have already confirmed their participation....
This 46-year-old lawyer is an administrative executive, having served from December 2011 to October 2020, as head of the Legal Affairs Division at the National Agency for Information and Communication Technologies (ANTIC). She also offered her services as Legal and Tax Counsel then Legal and Tax Manager at Okalla Ahanda & Associés for ten years,...
The audit is being carried out by experts from the international firm Moore Stephen, whose Central Africa branch is headed by Cameroonian Robert Prosper Nken, Concretely, at the end of the study, "the Cabinet Moore Stephen will have to formulate recommendations aiming at defining the conditions and the appropriate strategy to increase the quantity and...
