MarketInsightsReport also argues that “Gabon is one of the richest countries in Central Africa, where urban electrification reached over 97% in 2019. However, access to electricity in rural areas is still low compared to urban areas ”. Faced with growing demand for electricity, the Energy Ministry plans to increase hydropower production capacity in the coming...
The authorities have been proactive in responding to the COVID-19 pandemic and are stepping up their efforts to contain the spread of the disease, boost health and social protection spending, and provide temporary support to affected businesses and households. In that regard, they adopted a series of measures including a revised budget with a larger...
"Electronic payment by Airtel Money makes it possible to reduce poverty, to modernize the means of payment, to facilitate financial inclusion and also the integration of populations through it. " Djibril Tobe, Managing Director of Airtel Chad says.
Component 2 of the program funded by the European Union (EU) and focused on improving the business climate is supported by the Chamber of Commerce, Industry, Agriculture and Trades (CCIAM) of Pointe-Noire. It consists of three components, namely the operationalization of Cemaco (alternative method of settling trade disputes), whose activities started last August; awareness raising...
For the president of the Cemac Commission, the countries have taken appropriate measures to face recent economic shocks. "Naturally at the level of integration, in the sub-region, we have taken measures which are starting to bear fruit. It was normal that we come and report to the Head of State on the arrangements we have...
This reform made it possible to endow the ECCAS with an "executive with a renovated architecture, thanks to the adoption, at the extraordinary summit in Libreville, on December 18, 2019, of a revised treaty, leading to the replacement of the general secretariat of the organization by a commission whose members were all sworn in on...
The Belgian Embassy then undertook to play the role of facilitator. “I came to talk about the follow-up to this economic mission, in other words, to see how to envision a return mission through an assessment and outlook meeting. Our contribution is to recontact and bring together the businessmen who had come. We will call...
Alamine Oousmane Mey also expressed the government's gratitude to the MIGA authorities for the efforts made to support Cameroon within the framework of the Nachtigal hydroelectric dam project (420 MW) and other energy projects, with a view to reducing the country's energy deficit.
The communication unit of the Ministry of Commerce, which reports on this working session, informs that "the label" Committed chocolate makers "has come to ensure the quality of the production of Cameroonian excellent cocoa in order to provide answers clear to consumers' concerns about the origin of cocoa, its producers, production mechanisms and also the...
There is also Cameroon, which the country has relied on to solve its recurring electricity problem. In June 2020, the World Bank Group Board of Trustees approved $ 385 million in funding from the International Development Association (IDA) for the interconnection and strengthening of electric power supply between the Cameroon and Chad.
According to the Minister of the Economy, the signing of this pact with the Islamic banking institution is "the realization of the economic policy actions of the Head of State, His Excellency Ali Bongo Ondimba, who has established a partnership with the Islamic Bank of development ; a development partner who supports Gabon in certain...
Representing the Minister of Finance who is also president of Gabac, Ndolenodji Alixe Naimbaye, said: "The fight against transnational crime helps protect the entire financial system, attract investment, promote economic prosperity and ensure protection of international trade."
The president of the National Union of Economic Operators of Congo (UNOC), El hadj Djibril Abdoulaye Bopaka, like other business leaders, said he was relieved after the meeting. “We believe that the collaboration has been established with the Brazzaville club. There are a lot of technical questions, in particular on the discount and the percentages...
The five future agricultural zones with high productivity, perceived as the key to agricultural development, will be created in areas previously studied through studies carried out and validated by the National Land Use Commission according to their proximity to road and rail infrastructure. existing, as well as the nature of the soils, relief and climate.
Chad's public debt ratio is 46.6% as of March 31, 2020, compared to 37.2% a year earlier. An early lower than the CEMAC convergence criterion which sets the debt ceiling at 70% of gross domestic product (GDP). Chad therefore meets this criterion to date.
“It should be noted that the foundation is an association which carries out activities continuously in order to perpetuate the actions always carried out. This is part of our corporate social responsibility policy of the bank, so we have an obligation to do it, ”he assured during the second UBA insid issue, an interactive exchange...
The first phase of the project (PAMAB-I), whose implementation is underway, was approved in November 2019. It is 100% financed by the Bank from the resources of the African Development Fund, the concessional window of the Bank. and the Transition Support Facility (TAF) (Pillar 1), for a total amount of around € 1.42 million (over...
Prime Minister Chief Dr Joseph Dion Ngute on a 48-hour working visit to the city of Douala, before the inauguration ceremony began an enlightened but inquisitive visit of the many projects and achievements undertaken by the Top management of the Port Autonome de Douala , under the enlightened leadership of its Managing Director, Mr. Cyrus...
