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...
Conducted in an exceptional context linked to the health crisis, this survey of more than 150 bosses offers new elements on the state of mind, the situation and the prospects of the African private sector. The Africa Investment Attractiveness Index is based on responses provided by African business leaders to the following question: "Which African...
This overweight is justified by the combination of several factors, in particular "the evolution of the exchange rate between the currencies of the two countries. The South African Rand over the period under review lost 15% of its value against the CFA. Which contributes to inflate the income when it is converted.”
"The analytical platform will be an effective tool for data assessment and technical and political decision-making, for decision-makers and researchers in the forests of Central Africa, whom we urge, moreover, to use these data and reliable and quality tools made available to them. Said Raymond Ndomba Ngoye, Executive Secretary of the Central African Forestry Commission...
The country is also in the lead in the Central African Economic and Monetary Community (CEMAC) zone, where Gabon comes in second, and is ranked 24th on the continental scale, followed by Congo, the Republic Central African (CAR), and Chad (all tied for 36th in Africa).
This confidence in Gabon for the organization of this great meeting which will see the participation of a little more than 500 people, according to the president of the Gabonese Federation of Insurance Companies, also a member of the executive board of the African Organization insurance, Dr Andrew Crépin Gwodock, is a reflection of the...
The Djeno terminal gathers oil from all fields, not only from Total, but also from other operators in the Republic of Congo. “We have agreed to renew the concession of the Djeno Terminal, which is Total's historic anchor in Congo, for another 20 years. Total's story of this step will continue in good confidence with...
According to Carl Krogh Arnet, BW Energy "benefits from the availability of high quality jackup units at very attractive prices due to the current crisis in the drilling market". By reusing the facilities, he added, “BW Energy will also achieve a substantial reduction in CO2 emissions linked to the development of the fields compared to...
It is made up of multisectoral experts responsible for evaluating the relevance and implementation of projects. Its advent comes at the right time when we see in the field of sites abandoned or poorly executed because of multiple evaluations that increase costs and extend the deadlines for work.
“According to the Central Bank, the situation of the banks at the end of April 2020 was characterized by: a sharp increase in the cash surplus; an increase in customer deposits, due to the build-up of precautionary savings; an increase in treasury loans to the State; an increase in credits to public enterprises; a sharp...
Although the poverty rate has declined over the past fifteen years, it remains high in the country About 6.5 million Chadians (42% of the population) lived below the national poverty line in 2018. Poor households have more children, less access to education and often work in the agricultural sector in unfavorable production conditions. Despite an...
Richard Lariot Ombeny has therefore decided to brandish this ultimate threat to force debtors to come forward to "agree on new terms for discharging their debt in the books of the BGD before seizing their property". It remains to be seen whether the liquidator of the BGD will threaten execution.
“There are several phases in the MOU and it varies in terms of the amounts. It is on a case-by-case basis, from 100 thousand FCFA to 19 million FCFA. There is 50% which will be deducted payable; a schedule will be signed and the rest that is not on the principal will be paid in...
Biendi Maganga Moussavou explained the key points of the transformation of agriculture in Gabon, through the development of modern agribusiness and the establishment of High Productivity Agricultural Zones (ZAP) across the country. This transformation will in particular be supported by the implementation of seed policy reorganization programs; the general census of agriculture; improving health logistics...
