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La Rédaction

BDEAC allocates 155 billion FCFA to Chad, Congo, Cameroon and Gabon

On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states. The disbursement validated during the Board of Directors meeting...
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Chad’s Finance Minister lauds satisfactory execution of the Budget

On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states, reveals Financial Afrik. The disbursement validated during the Board...
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GIMACPAY, the converged card, mobile and transfer ecosystem now a reality

GIMAC is announcing the commercialization of integral electronic payment services at the end of the pilot phase in which the CBC, BGFIBank Gabon, BICEC, UBA, MTN Cameroon, ORANGE Cameroon, CCEI...
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COMILOG, first company in Gabon for 2020

t is the Ogooué Mining Company (Comilog), which achieved a turnover of 741 billion FCFA in 2018. The company led by Léod-Paul Batolo jumped nine places compared to to 2019,...
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Chad’s 30 billion FCFA youth entrepreneurship fund operational

The government and local banks have agreed on loan mechanisms for young Chadian entrepreneurs. "Young project leaders will now be able to benefit from more flexibility and access to finance...
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Covid-19: Africa’s economic growth estimated at 3% in 2021

Hanan Morsy, Director of the AfDB's Macroeconomic Policy, Forecasting and Research Department, says the Africa Economic Outlook 2020 Supplement shows that for the first time in half a century, Africa...
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BDEAC to assist in the realization of Congo’s Economic programme

The members of the Board of Directors also discussed the financial situation of the bank in the context of a health crisis due to the coronavirus. "The BDEAC is doing...
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Gabon seeks ways to promote Coffee production and sales

"The purpose of my visit was to come and present to the Prime Minister the policy for promoting the coffee produced by Caistab. The various sales made in several supermarkets...
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Chad seals two financial deals for Development

The second agreement concerns the Global Environment Facility (GEF). It is valued at 5.3 million US dollars or about 4 billion CFA francs. It supports the Reinforcement of Resilience to...
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Gabon: the diaspora contributes 0% to GDP

Estimated in millions of US dollars, the contribution of the Gabonese diaspora is again the least important on the continent, arriving three places before the last (Sao Tome and Principe,...
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Congo and UNDP to strengthen community involvement in SDGs

According to the two parties, the work plan will facilitate the assessment of the efforts made to achieve the results of the 2018-2022 National Development Plan and the SDGs, as...
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Chad hails relations with China after successful digitization of infrastructure

The Director-General of Huawei Technology Chad, Mr. Kong Ling Yu, presented the three components of the project, namely the construction of a national data centre, the construction of an optic...
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French Development Agency churns out 4.8 billion FCFA to promote Higher Education and Employment in Congo

Two financial agreements worth 7.35 million euros were signed on July 8 in Brazzaville between the Minister of Finance and Budget, Calixte Nganongo, the French ambassador to the Congo, François...
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Chad’s modernization of infrastructure to boost the economy

The Minister of Posts, New Technologies of Information and Communication, Idriss Saleh Bachar, affirmed, this Tuesday, that the project of modernization of the infrastructures and the electronic communications must make...
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