“The postponement or the possibility of not paying this debt to the Paris Club (in the period from May to December 2020) represents approximately 130 billion. The Paris Club asked the other creditors, in particular those of the London Club, who are private creditors, to follow it in this initiative. And there, we could benefit...
Tower Resources hopes to obtain $ 7.5 million upon completion of the divestment and evidence of financial capacity for another $ 15 million settlement, including funds the operator estimates it has already spent on the location of the Njom-3 well.
This major project to modernize the tax system will make it possible to digitize and computerize all of the tax services so that checks and declarations are most easily carried out. The basis of this project is the interconnection of all of the financial management services.
A fully secure system. "Security is the first priority when talking about banking, money and the financial implementation system," said the director of digital bank UBA Gabon. "On the bank side, this is the same type of security that we apply. We haven't changed our system, we just linked with Airtel Money, which also keeps...
“I would like to congratulate Stephen and Uche on their appointments,” said MTN Group President and CEO Rob Shuter. “Both are renowned for harnessing the power of people to move businesses forward. This is evident in the significant improvements in employee engagement, as well as overall performance, at MTN’s operations in Benin and Liberia in...
“The response focuses on controlling the spread of the virus, increasing public resources allocated to the health sector and strengthening the resilience of the most vulnerable communities, as well as maintaining livelihoods and strengthening enterprises and the national industry in order to maintain the production system and pave the way for a rapid recovery, "...
The National Chamber of Women’s Entrepreneurship is about making women and girls in Chad more entrepreneurial. It is a framework that will train, mentor and orient women because many are in the informal sector and are struggling to emerge in the business world towards the formal sector.
The Government is mapping out the 2021-2023 plan when the National Development Strategy 2020-2030, has still not been published. Experts believe the document must synthesize the next axes of development which will allow the country to reach emergence in 2035 and, above all, to catch up with the delay of the poor performance of the...
This loss assessed by the chamber of commerce only concerns small shops and services in the country. It could considerably increase with the accumulation of those of large companies. The same document specifies that the year 2020 is a deficit for the Chadian economy.
A strong economic recession with a negative growth rate of between 10% and 7%, a sharp increase in unemployment, through the loss of jobs, especially in the formal sector, a sharp contraction in foreign trade, both in exports and imports, a significant deterioration in public finances, evidenced by the adoption of the amending finance law...
"I am more confident and confident that my successor to the post of President, Mr. Alain Nkontchou will continue to lead the Board of Directors in his journey towards leadership," Emmanuel Ikazoboh, who had the delicate task of having taken orders from the institution during the great crisis from 2014 to 2015 expressed.
In a letter sent on June 20 to Bogdan Sgarcitu, the Director General of ANGTI, the boss of Faco Construction indeed mentions "negligence and illegal practices and not in accordance with the rules in force", in public procurement The Republic of Gabon. Jean-Pierre Grelon is particularly surprised that the five lots have all been awarded...
The specific objective assigned to the consultant who will be selected is to examine the design of the new bridge, in order to check its adequacy and effectiveness.
For the minister, who sees digitization as an efficiency opportunity that will bring additional revenue to the government, "we cannot have platforms dotted around each department." Léon Juste Ibombo said that through this multimodal platform, "it is above all a question of accelerating the process of the digital transformation of our country", which has the...
According to the Minister of Economy and Development Planning, Issa Doubragne, the Cameroon-Chad interconnection line is one of the flagship projects selected in the energy master plan of the CEMAC member states (Economic and Monetary Community of Central African States).
The NEO Industry Group CEO has also partnered with a French Real Estate and Consultancy company CIOA and now holds 51% shares of the new merger specialized in low-cost housing and road construction in Cameroon. The estate company will construct 100 homes in Kekem and will be increased to over 300 in the middle term....
Selena Souah and Feissal Mombo whose parents also worked in the Telecom sector in Gabon are experienced professionals. The former has a Master 2 in Enterprise Finance from the Higher Commerce Institute in Paris. The latter on his part has a Master of Science in International Banking and Finance from Lingnan University in Hong Kong...
According to the central scenario, an economic recession of 5.9% is forecast, a slight inflationary rise to 2.5%, that is to say below the Community standard which is 3%, a deterioration in the budgetary balance , commitment base at -6.2% of GDP (Gross domestic product), a significant widening of the current account deficit to 7.3%...
