Constituting the staple food of the Congolese population, cassava is cultivated by nearly 98% of farmers. Due to the lack of development of the value chain, the product barely covers around a third of the country's food needs.
This money, he told senators, will be used to reduce food imports and develop an agri-food industry at the national level. This will specifically finance the program for the establishment of agricultural areas across the country and the activities of fishing centers, the effective launch of which would soon be in several localities.
The project team indicates that the second phase of the project is preparing calmly and the 30 billion FCFA for its implementation have already been mobilized. It will include a huge business park in which a 5-star intercontinental hotel will be built. With an investment of more than 80 billion FCFA, the DGM is the...
On December 15, the Ministry of Water and Forests, Lee-White, and his colleague in charge of Agriculture and Livestock, Biendi Maganga-Moussavou, signed two agreements for the effective start-up of five agropoles intended to the diversification of the national economy, but also to encourage young people to return to the land.
The Director of this bank says that the opening of this line of credit is part of the initiative called "Grow With Africa". Its objective is to "strengthen the bank’s commitment to the sustainable development of the African continent. It will therefore be a question, for this line of credit, of relaxing the usual conditions."
“This crisis is resulting in huge financial losses for all players in the ICT sector. By way of example, the members of our Association alone lost 96 billion CFA in 2018 and more than 22 billion in 2019. However, we have continued to invest, with more than 58 billion in 2019. However, this situation cannot...
Its missions consist, among others, in liaison with other competent administrations and bodies, in carrying out the inventory of mining indices, conducting studies relating to the exploration and exploitation of mineral substances, carrying out purchasing operations and marketing of mineral substances on behalf of the State, conduct mining and exploration activities for mineral substances, manage...
The Congolese Republic has just adopted, on December 7, a new investment promotion strategy, a document of around one hundred pages that reveals its great economic potential, particularly in terms of transport infrastructure. With this roadmap, the authorities hope to attract foreign investors and revive the national economy impacted by the health crisis and the...
To enable the new CNLCEI to fulfill its missions, the government estimates that it will need money … a lot of money. Also, after her stint in the National Assembly a few weeks earlier, Denise Mekam’ne m. Taty recently presented herself to the senators to request their review and especially the validation of the estimated...
I think there is not a clearer and brighter impression that Chad is a serious country, the Chadian government is serious. We have decided to work alongside you to show that Africa can regain its dignity ", rejoices the director of the Songhaï NGO, Godfrey Nzamujo.
This project includes, in particular, the project for access to basic services in rural and peri-urban areas implemented with financial support from the World Bank for a little over 32.412 billion CFA francs; and the Greater Libreville Integrated Drinking Water Project benefiting from an envelope of approximately CFAF 41.591 billion from the African Development Bank...
They reaffirm their determination to strengthen continental integration through the AfCFTA and welcome the contribution of African trade ministers in the preparations for the launch of trade on January 1, 2021. “The start of trade will be one of the most important stages. of the continental integration project and the clearest assertion to date that...
During the ceremony to lay the foundation stone for this project, held on December 10, 2020 in Mbankomo, a locality located 30 kilometres from Yaoundé, the builder reassured that the infrastructure will be delivered in about fifteen months.
Although the current management team has inherited a gloomy social situation, Congo Télécom is working to restore its image. According to the deputy Maurice Mavoungou, whose commission has searched well in the accounting books of the company, "salaries are paid regularly, social contributions are paid, the IRPP, retirement pensions and provisions for those who owe...
This operation will be carried out at the applicable tender interest rate (TIAO) of 3.25%, in accordance with community provisions. Assets accepted as collateral for BEAC refinancing operations operate in accordance with the resolutions of the CPM. According to the Central Bank, for this variable rate tender, the submission deadline of which is December 9,...
Setting up projects likely to be supported by GIZ within the framework of COMSSA; mobilization of funding for the implementation of local projects; support for decentralized local authorities and FEICOM in accessing climate finance on the basis of files that meet donor requirements; the joint organization of an ’Energy and Climate Finance Forum for Local...
Thus, article 3 of the decree of December 3 specifies that: "although remaining under the financial supervision of the Ministry of Finance, the ART will no longer work with a financial controller or an accountant, but with an auditor", the reporter notes.
This is the highest level recorded in previous months, supported by the consensus of OPEC members and its allies on a gradual increase in their production of black gold from next January. According to OPEC, this increase is explained by the agreement of the organization and its allies (OPEC +), limiting the increase in oil...
