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La Rédaction

UEAC member states meet to roll back COVID 19 Economic shocks

Although one can not yet determine the duration of this health crisis, GDP in the CEMAC zone is expected to contract by around 4 to 6%. Such a development would...
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United Bank for Africa Provides $200 Million for Nigeria’s Petroleum Industry – Timely Financing for Post COVID Economic Growth

Both facilities will be repaid from an allocation of 30,000 barrels per day of NPDC’s crude oil. UBA has a strong track record in the resources sector across Africa, having...
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Chadian Government adopts amended 2020 Finance bill

According to the report of the Extraordinary Council of Ministers, the amending finance law is intended to be realistic and aims to provide adapted but strong responses to the socio-economic,...
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Equatorial Guinea holds discussions with African Energy Chamber and updates on energy developments during Covid-19

The Chamber commends the development of gas, as LNG stands to be a game-changer in the local, regional and international energy markets. It also puts Equatorial Guinea in line with...
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ACONOQ adopts sanitary referral for Congo’s Hotel and Catering sector

According to the general manager of ACONOQ, Jean Jacques Ngoko Mouyabi, the health benchmark is part of the fight against the spread of the coronavirus in connection with the barrier...
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Small businesses in Chad hit by COVID 19 barrier measures

According to the report, we should also expect significant job losses with the closure of these economic entities which generally fall within the urban tertiary sector which generates about 21%...
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Congo’s General Tax Code prescribes need to introduce tax incentives for investment

The first results of the work are satisfactory ten days after the start of the work in committees, estimated the Director General of taxes and estates, Ludovic Itoua. “The tax...
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ECCAS States hail revised Treaty, unveil Commissions

President Bongo called on leaders of the sub region to be gladdened by the consensual spirit that prevailed in the choice of members of the Commission. He added that “the...
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Congo validates National Investment Programme

Opening the proceedings, the chief of staff of the Minister of Planning, Statistics and Regional Integration, Ferdinand Sosthène Likouala, recalled that the PND 2018-2022 is built around three strategic axes....
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Gabon leans towards Biofuel to promote Economic diversification

"Our economy can only be resilient if we diversify the sources of our income," said the Minister of the Economy. "And we have identified biofuel production projects in Gabon, a...
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Chad seals 36 billion FCFA deal with AfDB to mitigate Covid 19 shocks

For Issa DOUBRAGNE, Minister of Economy, Development Planning and International Cooperation, these donations, which are added to the panoply of donations made by the ADB group, testify to the excellence...
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TOTAL Gabon reaffirms commitment to increase production

“The situation of Total Gabon is strongly marked by the Covid-19 pandemic. The work we have today at Total Gabon, there are two main priorities. The first is to protect...
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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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