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La Rédaction

CEMAC: Prices of exported commodities fall by 3.2%

According to the BEAC, the variation in the prices of basic products between January and March 2020 was marked by a cumulative decline in energy products (-10.3%) and non-energy products,...
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Congo adopts Financial reforms for the next decade

According to the Minister Delegate in charge of the Budget, Ludovic Ngatsé, the global strategy for piloting the 2020-2029 public finance reforms reflects the government's will. "This dynamic of reforms,...
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35th Session of the Ministerial Council of UEAC ongoing in Yaounde today

This Council, which is held the day after the Inter-State Committee organized in Yaoundé on August 4, 2020, will allow the Ministers of Economy and Finance of CEMAC member States...
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Gabon presents COVID 19 recovery plan to IMF/ World Bank officials

At the end of the discussions, the consensual memorandum adopted by the African governors of the IMF and the World Bank highlighted an improvement in external aid and the effectiveness...
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Congo strengthens commitment to develop Digital Economy

"This strategy is reinforced by the decrees setting the terms of management of the fund for access and universal service of electronic communications and aims to offer the public throughout...
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Chadian Government discuss with actors of the Livestock sector

Ahmat Mahamat Bachir conveyed to entrepreneurs that the livestock sector is open and promising for those who want to invest in it. "I am even ready to give you the...
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Chevron’s entry into Equatorial Guinea and Cameroon could be a Turning Point for Central Africa’s Gas Industry

Chevron is indeed a true gas player in the African market. In Nigeria, it has been leading natural gas commercialization efforts for decades through its Escravos projects targeting the monetization...
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Congo and IMF wrap up a deal for the transfer of funds

“The outcome of the discussions with the IMF is favorable to the disbursement of the second tranche of financing and perhaps the lifting of the others. hanging files. In fact,...
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Gabon’s Mine School sets road-map for operations with Government

"Before this Council, it was a question of making the tour of the owner, that we understand the stakes given that the school takes a sub-regional vocation. There are both...
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Central African States to fine-tune second round of programs with the IMF

This draft emergency plan contains three categories of measures: the first is structurally linked to the economic and financial reforms underway. The second category concerns the production impetus that the...
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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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