After carrying out findings on the impact of the coronavirus on Cameroon’s economy, the Business cartel in Cameroon GICAM has outlined some proposals for implementation by the government. The President of the Employer group Celestin Tawamba believes that, these measures will keep the economy afloat should they be executed in the fiscal and social, customs, monetary and...
The Danpullo group, represented by the Director General of Nexttel, presented this afternoon in the Conference Room of Ministry of Public Health, a check of 100 million FCFA to Dr. Manaouda Malachi, Minister of Public Health, to beef up the Special National Solidarity Fund for the fight against Covid-19, created on Tuesday March 31, 2020, by the President...
Brahim Mahamat Djamaladine The water company of Chad (STE) will soon have a photovoltaic solar power plant. The installation is being carried out by Aboussimbil, a Chadian company specializing in general trade and building construction. The project will cost the construction company more than 500 million CFA francs (nearly ‘762,000). The plant of the Chadian...
Tower Resources has announced updates in respect of its Thali Production Sharing Contract (‘PSC’) in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon, and its binding heads of terms (‘HoT’) in respect of a farm-out of a 24.5% interest in the PSC to OilLR Pty Ltd (‘OilLR’). Petroleum operations in Cameroon have already been...
The African Export and Import Bank (Afreximbank) will make available to African countries a credit facility totaling $ 3 billion to help adapt to the financial, economic and health shocks caused by the COVID-19 pandemic Known as the Pandemic Trade Impact Mitigation Facility (PATIMFA), this financial support has 3 objectives at the economic level. These...
The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and revealed the key companies shortlisted for the execution of its landmark projects under its ongoing Year of Investment. The decision was adopted at the end of a meeting in Malabo.At Punta Europa, where most of Equatorial Guinea’s...
The United Bank for Africa – UBA Cameroon has officially handed over a cheque worth 150 million FCFA through the UBA Foundation, to the Minister of Public Health Manaouda Malachie who received this gesture on behalf of the Cameroon Government. The Managing Director /CEO of UBA Cameroon Dominique Mahend and the Board Chairman Ekoko Mukete handed over...
The African Development Bank (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies. The Fight Covid-19 Social bond, with a three-year maturity, garnered interest from central banks and official institutions, bank treasuries, and asset...
Projects financed by the Chinese government in Cameroon have been gripped by a plethora of challenges; causing some of them to be abandoned. While others are moving at snail pace. The 15 projects at the tune of 3.3 trillion francs CFA came under scrutiny during the March cabinet meeting chaired by the Prime Minister, Joseph...
Africa’s response to the Coronavirus Disease (COVID-19) outbreak received a boost today as the Africa Centres for Disease Control and Prevention (Africa CDC) and the Government of Ethiopia received a consignment of medical equipment from the Jack Ma and Alibaba Foundations. The shipment included over 1.5 million laboratory diagnostic test kits and over 100 tons...
São Tomé and Príncipe and Equatorial Guinea have agreed on the establishment of a Special Zone for Joint Exploration to explore and develop cross-border oil & gas reserves believed to be in the blocks bordering each country’s maritime zone. The decision was taken during a meeting this week in Malabo between H.E. Osvaldo Abreu, Minister...
Cameroon’s Employer cartel GICAM has appreciated measures rolled out by the government to mitigate the coronavirus. But wants increased support to enterprises and households to enable them tackle the shocks from the deadly pandemic. In statement following the holding of an extra-ordinary session, the Groupement Interpatronal du Cameroun GICAM also called on companies to strictly...
Gabonese authorities have outlawed the sale of pangolin scales in the country. The animal, considered by environmental protection NGOs as the most victim of poaching in the world, is indeed suspected by a team of Chinese researchers of having transmitted the Covid-19 disease to humans, on another game market, some 11,000 kilometers from Libreville, in...
Cameroon has decided to maintain trade with Chad and the Central African Republic despite taking measures to contain the spread of the coronavirus. This follows a readjustments of the anti Covid 19 master plan taken by the Prime Minister, Head of Government. The country had initially closed all its borders on Tuesday March 17, 2020....
The third French Debt Relief and Development Program C2D has been set in motion following its signing in Yaounde Wednesday between the Minister of Economy Planning and Regional Development, Alamine Ousmane Mey and the French Ambassador in Cameroon Christophe Guillou. Sixty eight billion FCFA is the amount delivered by Paris through the scheme for the...
Cette position est soutenue par le ministre marocain des Affaires étrangères. C’est aussi le centre des réflexions de la troisième édition du forum des femmes journalistes d’Afrique « Les Panafricaines », qui se tient à Casablanca du 6 au 7 mars 2020. Mars 2019. Beira, ville mozambicaine d’environ 500.000 habitants, est traversée par un cyclone sans précédent....
« Je suis formateur des formateurs des habilleurs sur mesure » « L’habillement est un art » « Avec les personnes que j’habille, je ne peux pas me permettre de faire de l’à peu près » « Ma passion pour la couture remonte à ma tendre enfance » « Quand tu t’habilles chez Saint Joe, tu as de la promotion ». Tel est le premier...
« Paillettes et lumières », c’est le thème du dernier défilé de mode à Sofitel Hôtel Ivoire d’Abidjan-Cocody de la styliste Ivoiro-Libanaise, Wafa Sarkis. 25 mannequins professionnels ont été sélectionnés pour défiler dans une centaine de tenues. Ce défilé dévoile sous toutes ses coutures, sa dernière collection dénommée « Afrika chik ». Créatrice de mode à l’inspiration très fertile, Wafa...
