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La Rédaction

CÉMAC’s unified financial market prepares IPOs

It should be noted that the second phase of the CEMAC financial market merger project initiated in July 2019 concerns: the reform of the regulatory framework relating to market activities...
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COVID- triggers job losses in Gabon’s tourism sector

"The objective of this seminar is to take stock of all the concerns of the tourism sector and to see with the different entities what are the appropriate solutions to...
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New World Bank Representative in Chad assumes office

A Turkish national, Rasit Pertev was previously Secretary of the International Fund for Agricultural Development (IFAD). He first joined the Bank in 2003 and has worked as a Senior Agricultural...
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Gabon: Preliminary draft of the Investment Code under review before its presentation to the Council of Ministers

"The present draft Investment Code, submitted for our examination and validation, has the main ambition to restore the confidence of national and foreign investors and to guarantee the conditions to...
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Congo’s Tax Directors charged to overcome Economic challenges

According to Hermman Rodney Gouellet, the controls and services department, for example, has many challenges to overcome, the first being to have competent staff so that this department can support...
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Congo’s Business mediation center goes operational

The training of arbitrators and mediators launched by Prosper Bizitou, general administrator of Cemaco, made it possible to strengthen the capacities of the participants on the tools and techniques in...
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In Central Africa, Economic Recovery Must Go Through a Reform of Forex Regulations – Leoncio Amada NZE

Of the six member states, only Cameroon is a net oil importer. However, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon are more dependent on oil than Cameroon, which accounted for around...
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Congo launches evaluation tool for Public finance

According to the chief of staff of the Minister of Finance and Budget, Henri Loundou, the actors in the expenditure chain will now have this tool for the commitment of...
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Gabon strengthens Audit of Public Finance through NVAA

Supported by Denise Mekam'ne, Minister of State for Relations with Constitutional Institutions and Independent Administrative Authorities, the project to create the National Authority for Verification and Audit "stems from a...
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Gabon Oil: Maurel &Prom sees red in the first half of 2020

The Group's consolidated sales amounted to 142 million dollars in the first half of 2020, down 38% compared to the same period in 2019. The Group's production in M&P share...
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Central African States promise to boost job creation in the sub-region

Regarding the improvement of external aid in this time of health crisis linked to the coronavirus pandemic (Covid-19), the ministers in charge of the Economy wished from the two institutions...
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World Bank ranks Chad 33rd in Africa assessment of policies and institutions

In the report, countries are rated on a scale of 1, corresponding to the lowest score, to 6, on 16 indicators grouped into four categories: economic management, structural policies, social...
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Huawei to construct new site in Brazzaville

Currently, the area concerned houses a one-stop-shop customs clearance agency, the dilapidated buildings of the former Cosmos hotel. A delegation from the Huawei company met last week with the occupants...
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CEMAC member States pledge to create an early warning mechanism for macroeconomic imbalances

The Council of Economy and Finance Ministers of the CEMAC sub regions , that  met by videoconference on August 10, has  approved new measures to prevent the occurrence of risks...
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