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La Rédaction

African Energy Chamber Forecasts Increased Gas Monetisation in Latest 2021 Outlook

The forecast notably points to a tight LNG balance between 2023 and 2025, and along with it, a price spike. Following this period, there is a downside risk in prices...
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Congo and IMF discuss Emergency aid

Asked about the continuation of the macroeconomic reform program concluded with the Congo in July 2019, the representative of the Bretton Woods institution said that discussions on this subject will...
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Vaalco Energy bags 4.2 billion FCFA profit in Q3 of 2020

“We have continued to focus on operational excellence and execution, which allows us to maintain a healthy cash flow, and cost discipline remains a key priority for the company as...
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BICIG: Establishment of a special banking system for State officials

"The documentation to be provided is as follows: a valid ID and a copy of a recent bulletin or receipt, a half-photo in color or black and white," Bicig said....
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BEAC called to review its foreign exchange regulations

According to the African Energy Chamber (the voice of the energy sector in Africa), these measures are insufficient, unrealistic and unlikely to boost sustainable development. “We need businesses that can...
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Congo and Namibia strengthen trade ties

“About thirty Namibian business leaders have traveled to Congo over the past few years to develop their businesses and take advantage of existing opportunities. They have signed cooperation agreements in...
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CEMAC Commission Chairman expresses optimism over French investments

I am sure that with the substantive work that we have done and the analysis of the files, we will succeed, ”said Daniel Ona Ondo, adding that out of the...
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European Union and Gabon seal 200 million FCFA to tackle COVID 19 induced economic shocks

The national response to Covid-19 was at the center of discussions between the Minister of Health and the European Union (EU) ambassador to Gabon on November 5 in Libreville. Rosario...
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Financial market: the volume of Congolese treasury issues on the rise

According to Gatien Ondaye Obili, the head of the credit, capital market and bank control department at the central bank, the development of the Congolese financial market performance is linked...
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Field Marshall to launch rehabilitation of Bedaya-Moissala road

The works of the Bedaya-Moissala axis, which follow in the wake of the PMCR, are entrusted to the SOLVET / SACRE GC Group). Costing 1,761,052,857 F CFA, this project has...
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Gabon: the crisis of service companies reveals the deep flaws in the extractive system

These periods of adjustment are common in the extractive industries whose fate is closely linked to the price of a particular raw material. What is striking about the current crisis...
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Uncertainty over the holding of the round table for infrastructure financing in CEMAC zone

This event is important for member countries of the zone looking for foreign investors. From twelve projects initially at an estimated cost of FCFA 2,820 billion, the PREF-CEMAC Steering Committee...
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BEAC prohibits the use of telephone credit units in CFA Francs

"Communication credits are a commodity, a product or a service which is only used for telephone services and which, even if they have a market value, are not means of...
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Five enterprises join Congo’s electronic payment platform

The new procedure just presented by the ISD consists of recording all taxes payable and monthly declarations in the e-Tax system. Initially, the procedure was mixed, the taxpayer declares himself...
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