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La Rédaction

Congo’s Economic, Social and Environmental Council begin reflections to revive Covid 19 hit economy

Faced with the economic crisis with increasingly limited public resources, the ESEC calls on the political authorities to rectify the situation. "This shock should allow us to enter a new...
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Chad’s Transport sector hit by Coronavirus

In a disaggregated manner, the minibuses which provide urban transport recorded a monthly loss estimated at 25.4 million FCFA. As for urban transport provided by taxis, the monthly losses are...
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Coronavirus hits Congo’s Shippers Council

The Chairman of the Board of Directors of the CCC, Jean Louis Osso, praised the results of the past financial year of this public company of an industrial and commercial...
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Congo to adjust 2021-2023 Budgetary Policy

The Congolese government intends to continue implementing the reforms initiated a few years ago, as part of the implementation of the agreement reached with the International Monetary Fund (IMF).
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Ali Bongo receives ECCAS envoy as Summit draws near

If the key articulations of this high level meeting remain unknown for the moment, the stake will be to take stock of the “historic” reform, adopted last December at an...
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Issa Doubragne discusses with members of the “Convergence économique” think tank

After a balanced mandate the president of the think tank “Economic Convergence”, Amir Adoudou Artine outgoing president of the CCIAMA intends to run for a second mandate. With a view...
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Hydrocarbons: rebound in oil prices restores Congo’s budget balance

Faced with these fluctuations, the Congolese government decided in April to revise its budget forecasts by half, by putting in place mechanisms to restore budgetary balances. According to the Minister...
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OPEC restrictions on Gabon may cause constraints on the country’s economy

Finally, the sudden adjustment imposed by OPEC compromises Gabon’s economic diversification efforts, even though we can see how dependence on hydrocarbons is a dangerous trap. The country is resolutely committed...
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BEAC injects 600 billion FCFA into financial market

Indeed, the implementation of this operation is linked to the agreements concluded with the International Monetary Fund (IMF). "To benefit from this operation, the central bank asks the States, in...
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Covid 19 threatens 1000 jobs in Gabon’s tourism sector

According to the member of the government, the consequences are alarming with 1000 direct jobs threatened; 150,000 lost customers; the three-quarter drop in operator turnover compared to 2019; several companies...
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Congo sets ground work to upgrade Tax code

Thus, for ten days, agents and executives of the tax administration will discuss issues relating to the draft of the new general tax code and the book of procedures. Two...
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Congolese bank assets up 6.3%

Due to underperformance in exports and imports, inflation is estimated at 2.8% this year, down from 1.8% a year earlier. The money supply in circulation will fall by 14.1% due...
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AfDB predicts gloomy economic outcome for Gabon

According to forecasts from the African Development Bank, the health crisis linked to Covid-19 should lead to a slowdown in the process of diversification and industrialization, given the decline in...
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Elimination of roaming charges planned from January 2021 in the CEMAC sub region

To give a boost to the integration process, CEMAC also intends to rely on telecommunications. “It would be wise for CEMAC member states not to miss the deadline of January...
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