According to the African Energy Chamber (the voice of the energy sector in Africa), these measures are insufficient, unrealistic and unlikely to boost sustainable development. “We need businesses that can be competitive and create well-paying jobs. For that, we do not need restrictive regulations like the new regulations on currencies which must come into force...
Applications will be received online until November 16, 2020. According to our colleague, candidates will compete in the areas of: "access to sustainable markets, green economy / covid-19 response, 'access to financial services, professionalization of services and the management system and finally logistics solutions and empowerment of production systems.” The competition will take place in...
In Central Africa, this is more than 60% on average, rising up to 90% in countries like Gabon. It Such policies with adverse effects to the oil and gas industry are therefore incomprehensible, especially in light of recent efforts to build local content and empower local entrepreneurs.
“About thirty Namibian business leaders have traveled to Congo over the past few years to develop their businesses and take advantage of existing opportunities. They have signed cooperation agreements in the sectors of agriculture, the timber industry and the hotel industry with Congolese companies. There are Congolese and Namibians who export mines and other goods,...
Work is also progressing on the sub-surface development plan, including location, number and type of wells required to produce wet gas from IM reservoirs.
I am sure that with the substantive work that we have done and the analysis of the files, we will succeed, ”said Daniel Ona Ondo, adding that out of the twelve integrating files selected, two of them have already found tenants, in particular the electrification project between Cameroon and Chad.
Both initiatives have benefited from foreign funding. ABC-Pader has benefited from a joint envelope from the European Union and Germany amounting to 12.725 billion FCFA. As for Procoton, which is only supported by Angela Merkel's country, it has received funding of CFAF 1.9 billion. As for the specific case of the latter project, it is...
The national response to Covid-19 was at the center of discussions between the Minister of Health and the European Union (EU) ambassador to Gabon on November 5 in Libreville. Rosario Bento Pais discussed with Guy-Patrick Obiang the terms of payment of the contribution of 200 million CFA francs, provided by the voluntary association of European...
According to Gatien Ondaye Obili, the head of the credit, capital market and bank control department at the central bank, the development of the Congolese financial market performance is linked to statutory reforms and the expansion of investment possibilities with a quality active.
The works of the Bedaya-Moissala axis, which follow in the wake of the PMCR, are entrusted to the SOLVET / SACRE GC Group). Costing 1,761,052,857 F CFA, this project has an execution time of 36 months and the contract for the control office is entrusted to the Group (BINED / AFRICONSULT) for an amount of...
These periods of adjustment are common in the extractive industries whose fate is closely linked to the price of a particular raw material. What is striking about the current crisis is the reaction of service companies who make at least unusual demands on their clients, whom they accuse of forcing them to fire. Some go...
Entirely dedicated to African cybersecurity decision-makers, the meeting will be an opportunity for participants to immerse themselves in the most relevant subjects, and to orient their companies towards reliable solutions in order to face the cybercrime which is progressing on the continent. .
“Comparisons between these two periods show an increase of 57.8% on onshore and offshore calls. Precisely, at the end of the 3rd quarter of 2019, the Port of Kribi had recorded 76 stopovers against 120 stopovers on behalf of the 3rd quarter of 2020 ”, says Philomène Nzameyo, in charge of for statistics at PAK.
The volume of undeclared activity in view of their turnover reached 11.4 billion FCFA in 2018 and 16.7 billion FCFA in 2019, for a total of 27.8 billion FCFA. On the non-repayment of the annual forestry royalty, the calculation of this variable made it possible to identify 75 forestry companies (out of 158 holding at...
This event is important for member countries of the zone looking for foreign investors. From twelve projects initially at an estimated cost of FCFA 2,820 billion, the PREF-CEMAC Steering Committee reduced these projects to eleven last July, after having notably twinned the Mbaikoro-Benja-Bekoninga road project, at the border Chad-Central African Republic, with that of the...
"Communication credits are a commodity, a product or a service which is only used for telephone services and which, even if they have a market value, are not means of payment or currency", specifies the Governor of the BEAC, stressing that "they are created by companies that are not payment service providers authorized to issue...
The new procedure just presented by the ISD consists of recording all taxes payable and monthly declarations in the e-Tax system. Initially, the procedure was mixed, the taxpayer declares himself online to obtain an acknowledgment of receipt and a statement of liquidation. The declarant presents himself with these two documents to the tax authorities in...
The infrastructure should be able to serve the countries of the Economic and Monetary Community of Central Africa (CEMAC), in this case the Central African Republic, Congo, Gabon, Equatorial Guinea and Chad. Its production capacity is estimated at 5 million tonnes / year, and its construction should be financed on the basis of a public-private...
