AfDB Interim Director General for Central Africa, Solomane Koné, Findings of 2020 Report Provide Policymakers with Economic Review, State of Human Capital and Jobs , as well as the opportunities to explore. "It is a question of investing in the technical training and the recruitment of quality teachers …", he said, during the videoconference exchanges
According to the data compiled from this United Nations survey on e-government, Gabon is one of the sixteen countries that joined the high EGDI group in 2020, with 0.3235 points out of 1 for online services; 0.6250 for telecommunications infrastructure and 0.6719 for human capital. Likewise, the country registered an electronic participation index of 0.2738...
In his presentation, expert Ngonodji Kordjé noted that the risks associated with the various auxiliary operations cause the public treasury and even insurers to lose a lot of financial resources.
"Each operator must pay the fees and provide the service at a reasonable price because the population must benefit from quality service at an acceptable price. Postal operators have received specifications and have accepted them. As a regulator, we need to call them to order, follow them and monitor them to see how they can...
The planned disbursement is the second of its kind under the Rapid Credit Facility (FCR). It is the result of lengthy talks between IMF staff and the Chadian authorities, aimed at helping Chad cope with the economic consequences posed by Covid-19.
"Take the case of a bottle of wine that a Gabonese importer bought in France for 500 CFA francs. After the calculation of transport, customs, excise duties and port taxes, this bottle arrived in its warehouse in Libreville in 2017 at a cost price of 950 CFA francs. In 2020, taking into account the first...
According to Judith Yah Sunday, Director General of CAMTEL, this storage centre is one of the "flagship projects of the second part of CAMTEL's national Broadband Network program. It fills a real void and significantly enriches the telecommunications ecosystem in Cameroon and the sub-region. "
One of the AfDB's flagship publications, this report provides an overview of the economies of Central Africa through a regional approach to development. The theme of the third and new edition is: "Human capital, employment and skills development in Central Africa".
On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states. The disbursement validated during the Board of Directors meeting on July 10, by videoconference, will make it possible to finance "13 major projects initiated by the countries concerned in the sectors of health, water...
The budgetary envelope will also be used by government to strengthening the governance of artisan production units and the system for verifying and checking standards on imported and local products, the pursuit of the development of priority tourist sites (launch of the Mingoa Valley in Yaoundé, etc.), the establishment of the agro-industrial technopole of Ouassa-Baboute...
On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states, reveals Financial Afrik. The disbursement validated during the Board of Directors meeting on July 10, by videoconference, will make it possible to finance "13 major projects initiated by the countries concerned in the sectors...
GIMAC is announcing the commercialization of integral electronic payment services at the end of the pilot phase in which the CBC, BGFIBank Gabon, BICEC, UBA, MTN Cameroon, ORANGE Cameroon, CCEI Bank, NFC Bank and BSCA participated Bank, CCA BANK, Express Union, TERRAPAY, MAVIANCE, and during which more than one hundred thousand mobile transactions were successfully...
Indeed, the balance sheet for the financial year 2019 shows a net profit up 32%, or more than 15 billion FCFA against 11 billion FCFA in 2018. Better still, the total balance sheet stands at 459.8 billion FCFA, compared to 428.6 billion the previous year. "The general shareholders' meeting was pleased with the growing solidarity...
t is the Ogooué Mining Company (Comilog), which achieved a turnover of 741 billion FCFA in 2018. The company led by Léod-Paul Batolo jumped nine places compared to to 2019, where she was ranked 118th. Second company in this ranking, Total Gabon, which appears in 156th place, with a turnover of 545 billion CFA francs...
The government and local banks have agreed on loan mechanisms for young Chadian entrepreneurs. "Young project leaders will now be able to benefit from more flexibility and access to finance from our banks," Bichara Brahim Kossi, President of the Association of Professionals of Credit Institutions (APEC) in Chad said.
Hanan Morsy, Director of the AfDB's Macroeconomic Policy, Forecasting and Research Department, says the Africa Economic Outlook 2020 Supplement shows that for the first time in half a century, Africa will face a recession economic due to the fallout from the Covid-19 pandemic. This would affect progress made in poverty reduction as 49 million Africans...
“We applaud the BEAC for listening to the private sector concerns and for adopting a pragmatic approach to foreign currency regulations in the wake of the ongoing crisis caused by the Covid-19 pandemic and the historic crash in oil prices. Such a move falls in line with the African Energy Chamber’s commonsense agenda to help...
About his career, Jules Ngankam has "more than 15 years of experience in the field of banking and financial services within leading financial institutions", writes our colleague. Before joining the group, “he worked for eight years at Barclays Capital, the investment bank of the Barclays PLC Group, where he held various positions as portfolio manager...
