The Tony Elumelu Foundation’s $100million Entrepreneurship Programme, launched in 2015 to empower 10,000 entrepreneurs over 10 years, is now entering its 7th year and has empowered to date, over 9,000 young African entrepreneurs from 54 African countries.
With regard to actual recruitments, 1,700 posts are planned at the level of primary, secondary and literacy education; 410 technical and vocational education, skills training and employment; 80 to social affairs and humanitarian action. At the Ministry of Health, Population, Promotion of Women and the Integration of Women in Development, 715 places are available, including...
The United Kingdom is committed to supporting developing countries by encouraging growth through trade. The preferential terms for their key exports, such as bananas, will support jobs and economic development in Cameroon, and make sure British consumers get the products they want.
This reassured them and led to a general consensus on December 30. Employers and workers signed the final version of the reform to validate the content before the text is submitted to Parliament. This last step, says the Ministry of Labor, marks the end of the consultation process required by convention number 144 of the...
Under the support and economic recovery, it is proposed to provide a tax incentive for companies operating in the fields of agriculture, livestock, renewable energies; VAT exemption on fertilizers, pesticides and seeds; exemption from the rental value tax for agro-pastoral enterprises operating in rural areas; the 25% reduction on the MFI basis for agro-pastoral enterprises...
According to one of the project designers, Éric Armel N’Doumba, the Telecom adviser, Congo-Pay will allow the aggregation of all the other means of payment that already exist at the national level. "It is not replacing them but to provide more in terms of interoperability between Airtel money, Mobile money and merchant accounts", he explained,...
For two days, the members of the technical commission relied on precise economic parameters to consider the implementation of said projects. “This is a game of interests but based on technical data. The heads of state have asked us to go and work on all the technical aspects so that the announcements made in Paris...
Inaugurated by the Secretary-General of the Ministry of Justice, François Mangari, this structure which promotes alternative dispute resolution methods in business circles, intends to deploy its expertise in commercial and investment arbitration, conciliation and mediation across the country.
As regards the exports of manufactured products, “the drop was mainly supported by the drop in exports of processed wood (sawn wood -11.7%, wood pasture sheets -23.5%). Also, exports of certain processed products and singularly sold in the sub-region such as beer, cement, paper boxes and cardboard, and aluminium sheets also fell sharply (-16.4%, -...
A banker-financial expert by training and by profession, Alphonse Nafack is one of the best-known faces of the Cameroonian financial landscape. Its name is practically the trademark of Afriland First Bank. He has more than 25 years of career there and has climbed all the steps. From Commitments Controllers in 1993, he has been CEO...
To compensate in particular for the deficit of cars and traction units, the Minister in charge of Transport, Ingrid Olga Ghislaine Ebouka-Babackas, announced on December 8 the upcoming arrival of eight new locomotives for the CFCO, from Belgium. . These new machines will bring a breath of fresh air to the railway company.
"This favourable development reflects the rebound recorded from the third quarter of the year, demonstrating the resilience of the economies of the sub-region in the face of the COVID-19 pandemic", BEAC indicates.
Since last June, Gabon has singularly shown its interest in returning to this institution. A decision that is part of a global desire to have better management of public funds and to step up the fight against corruption, embezzlement and illicit enrichment, particularly in the extractive industries sector.
The demand for sugar, a staple food, is estimated in Chad at around 130,000 tonnes per year. This demand is partly supplied by the Chad Sugar Company (CST), a subsidiary of the SOMDIAA group, which produces nearly 40,000 tonnes per year, a volume insufficient to supply the entire Chadian market. The rest must be imported.
“Henceforth, therefore, the use of this wood is obligatory in the realization of all the works and supplies forming the object of public order… It is a question for the economic operators engaged in the construction of buildings or/and the public order in connection with products derived from wood to prove the legal origin of...
With these $ 15 million, the project is expected to benefit around 365,000 people in the provinces of Mandoul and Moyen-Chari, through the rehabilitation of around 400 km of roads and tracks.
The MMH has drafted and concluded a new onshore drilling plan as well as preliminary studies to identify targets in its continental basins. Negotiations with Cameroon for the joint development of the Yoyo-Yolanda cross-border gas field have also been reactivated.
Initiated by the Central African States Development Bank (BDEAC), the public call for savings called "BDEAC 5.45% NET 2020-2027" was presented on December 22 in Libreville. This bond loan aims to raise a minimum amount of CFAF 100 billion from households, private or public companies and institutional investors. According to the institution, the subscription period...
