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La Rédaction

FAO mobilizes more than 102 billion FCFA in 2020 to fight hunger in Africa

According to the Resident Representative, all of these projects required an envelope of more than 170 million US dollars, or more than 102 billion FCFA approximately. If this sum was...
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CEMAC countries called to pay their dues

It should be noted that the TCI is considered to be the main source of funding for the Cémac budget. It concerns 1% of the taxable value of imports of...
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UEAC Committee members met, discuss challenging issues of the CEMAC zone

This meeting held in the prelude to the 36th session of the UEAC Council of Ministers scheduled for January 27, 2021 by videoconference. This assembly, also chaired by the Cameroonian...
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Gabonese authorities lay the groundwork to accelerate Economic Development

"We must make up for this delay in a context of budgetary restrictions, which obliges us to be innovative in the methods of mobilizing financing for our investments, by giving...
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10 localities in Congo connected by Mobile network

The budget of approximately 1 billion 600 thousand FCFA planned this year is also part of the continuation of the equipment of multimedia rooms in the schools concerned, the Sathoud...
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114 million FCFA for phase 2 of Azobe project

Specially dedicated to craftsmen in Gabon, specifically associations, GIEs, cooperatives, federations, confederations and professional orders of craftsmen, this mechanism for financing development projects for the year 2021 has a global...
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TOTAL E&P to strengthen production in Congo

“The health crisis has had a negative impact on our society. Our operators and employees were able to adopt a different pace of work within our facilities, both on land...
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BW Energy churns out 1.24 million barrels of oil in 4th semester of 2020

Pending its financial report for the 4th quarter of 2020, BW Energy provided an update on January 18 on the operation and development of the Dussafu Marin permit license, off...
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African Development Bank hails Chad for good governance

“The program also benefited from another grant of 9.7 billion FCFA from the African Development Fund (ADF) as well as a loan of 3.4 billion FCFA from the same ADF,...
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North-South Development Association launches “Connecting Days” to valorise Business opportunities

They offer a distinctive opportunity for sponsors, virtual exhibitors, panellists and partners, to expand their network and identify business opportunities. For the first day, Nigeria will be in the spotlight...
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Gabonese Tax officials unveil fiscal plans to Cameroonian businessmen

"The delegation mandated by the Gabonese state thus seized the opportunity to provide investors, in particular Treasury Securities Specialists (SVTs) and local institutional investors, with the schedule of securities issues...
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IMF expresses grim economic projection for the CEMAC zone

“With the fall in oil prices over the medium term, the outlook is that Cemac's budgetary and external adjustments will be slower than previously expected, and risks are tilted to...
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Financial Industry Summit to put Africa’s Economy on the rails

With an average growth in banking revenues of 11% per year and more than 800 million dollars raised by African FinTechs in 2019, the African financial industry was, before the...
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0.50% excluding tax now applied for transfers out of CEMAC beyond 5 million FCFA

"The rate of the commission to be charged by the Central Bank during the execution of outgoing transfers outside Cemac on behalf of authorized intermediaries is set at 0.5% excluding...
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