Financially and despite the flood "the situation is rather acceptable but we ask that the services catch up and work better so that the month of September and the months to come are efficient", declared the Minister of Finance and Budget, Tahir Hamid Nguilin.
“It is utter desolation. Since June 2019, a unilateral reduction in commissions relating to transactions via MTN mobile money has been observed. Commissions increased from 1 to 0.7% for deposits, i.e. 70 FCFA for a deposit of 10,000 FCFA and from 0.7 to 0.5% six months later, or 50 FCFA for a deposit of 10,000...
"It is a great pride for me to join the teams of the Benin / Niger cluster of Bolloré Transport & Logistics. The employees are passionate and the challenges for our company are great. Together, we will continue to develop activities, offer our customers competitive solutions and participate in the socio-economic growth of these two...
It is expected to reach 7.2 million tonnes in 2020, down 1.8% from 2019. This contraction is explained by the effects of Covid-19, characterized by a slowdown in global demand. The 2020 production targets have therefore been revised downwards, despite the increase in national production capacities.
During the ceremony, the National Cocoa and Coffee Office (ONCC) revealed that the national marketed production of the 2019-2020 season has fallen by 14,633 tonnes compared to the previous season. “We have therefore gone from 264,253 tonnes in 2018-2019 to 257,151 tonnes in 2019-2020. The main actors attributing this poor performance to the security crisis...
The program will call on a South-South partnership already in place with West African countries (Benin, Ivory Coast), major producers and consumers of cassava products. Established for two years, this program aims in the long term to diversify sources of income in rural areas and to bring new local cassava-based products to the market.
"Since the banks are at the heart of the Fund's Guarantee implementation mechanism, bilateral meetings have taken place in particular with the BSIC, BCC, UBA, CBT, ECOBANK, ORABANK in order to develop synergies to boost the financing of projects productive investments." Alixe Naimbaye, Secretary of State for Finance and Budget and Head of FAGACE said.
“We are talking about going wherever the planters are. But above all, to bring young people back to the culture of coffee and cocoa. Because it is with them that we will develop the sector. We continue to say that planters need to come together to benefit from our help. When we ask the planters...
Despite an increase in net banking income, United Bank for Africa had to cope with an increase in its personnel costs. A situation which seems to result from a certain restructuring of its human resources and more generally of its activities.
The organizers are announcing an envelope of 300 million FCFA to be shared between the 10 different winners of this competition, one of the main objectives of which is "to respond to the problem of unemployment among young people", in particular by encouraging self-employment. . Applicants who have distinguished themselves by the viability of their...
“The disruptions in international trade and the drop in demand for oil and other raw materials, coupled with restrictive internal measures to prevent and protect against the pandemic, have led to the shutdown or slowdown of economic activities, resulting in GDP forecast to decline by 0.1% in 2020 according to the most optimistic scenario ”,...
The particularity of the application is that it combines remote medical services and those in the field. This combination brings together a wide variety of customers including individuals, doctors, pharmacists and others in the field. Founded at the start of the year, the Healthlane solution already has more than 60,000 customers in Cameroon and Nigeria....
Gabriel Mbairobe, the Minister of Agriculture and Rural Development, explains that: "with a view to the emergence of 2035, there was a first phase which was supported by the strategy document for growth and employment, the development of the rural sector, the national agricultural investment plan."
"These mitigation measures have made it possible to lessen the negative effects of Covid-19 on household well-being and on economic growth and have complemented those taken at the end of March 2020 by the Monetary Policy Committee of the Bank of Central African States (Beac) ”, the UNDP report states.
"Through this plan, the UNS renews its commitment to be a key partner of the government, capable of federating strategic partnerships for an inclusive and sustainable response to the current crisis, more generally to the challenges of socio-economic development of the Congo", Chris Mburu says.
The head of the FAGACE delegation underlined that in the past, this organization in Benin has maintained and developed partnership relations with several banks in the sub-region. Investment projects have been financed with the guarantee of the Fund as part of its relations in the member states of the Fund, including Chad. According to her,...
In light of the maturity conditions, twelve projects meeting international criteria were selected, said the permanent secretary. This involves, among other things, the establishment within the Cémac space of basic infrastructure: transport, electricity and telecommunications, without which no economic take-off is possible. These integrative projects also take into account the critical levers of competitiveness of...
In the area of community health, we note "the continuation of the program to reduce mortality due to snakebites in Touboro and in the Chadian province of Logone Oriental through the improvement of the supply of antivenom. In the education sector, high-tech equipment was offered to the University Institute of Technology of Douala and the...
