"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%...

Until this first agency obtains an approval from the Central African Financial Market Supervisory Commission (COSUMAF), the CEO of HPS International Consulting SA has engaged in consultations to select experts and analysts from the financial world. internationally renowned financiers who will sit on the rating committee of Ewatch Africa Investment Analytica SA

Drinking water production stabilized at 29.6 million m3 in the first quarter of 2020. "This development can be explained by the saturation of production capacities, especially in Libreville". Sales excluding sales increased by 3.2% to 16.5 million m3, driven by household demand (+ 5.8% of the number of subscribers). Turnover increased 2.9% in the wake...

Despite the dreaded disaster, the country's authorities have worked tirelessly to absorb the shock anyway. It is true that the measures taken have far-reaching effects on the labor market and on the living conditions of households, but the results are worth the effort.

Concretely, the aim was to prepare the companies to subcontract to the National Hydrocarbon Company (SNH) and other structures working in the oil and gas sector. The BSTP and its partner ANOR want to help equip those who are there or who aspire to be there to better understand the sector and its requirements, to...

The settlement of the external debt (88% of payments) was made to the tune of 570.1 billion CFA francs in the 1st quarter of 2020 against 116.9 billion CFA francs in the same period in 2019. The payments mainly related to the debt of the international financial markets (75.6% of the shares) amounting to 490...

Ngueto Tiraïna Yambaye is, in fact, a high-level economist specializing in International Finance and Financing Strategy. He has over 25 years of international and national experience. Former Minister of Economy, Planning and Development, he was also an administrator of the IMF (International Monetary Fund) for Africa. Pundits believe he therefore,has all the qualities and expertise...

Bank analysts warn that Gabon, like much of the globe and the rest of the continent, could fall into recession in 2020, and estimate a negative real GDP growth rate of -1.7% for the country, due to the pandemic.

Failure in realizing the plan led to the dismissal in 2018 of 270 CNIC employees for economic reasons. It must be said that the company has experienced permanent discomfort for ten years, marked by poor working conditions, salary arrears and unpaid benefits. A situation which has led to several demonstrations by disgruntled past and present...

The note also points out that “conversely, crude oil exports fell 20.2% to 2.35 million metric tonnes, due to weak demand, linked to the glut of 'international offer'. Explanation: “the average crude prices were 50.26 dollars per barrel for Brent and 49.16 dollars per barrel for the basket of Gabonese crude, representing respective decreases of...

Under the terms of the new decree, PCAs benefit from a salary, the terms of which are fixed by the Board of Directors of each entity. PCAs carrying out another remunerated public activity will only be entitled to an occasional flat-rate allowance. The terms and amount of this allowance are set by the Board of...