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La Rédaction

African Development Bank approves 100.5 million euros budget support for COVID-19

Bank analysts warn that Gabon, like much of the globe and the rest of the continent, could fall into recession in 2020, and estimate a negative real GDP growth rate...
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Gabon records increase in Petroleum and decreased exports in Q1 of 2020

The note also points out that “conversely, crude oil exports fell 20.2% to 2.35 million metric tonnes, due to weak demand, linked to the glut of 'international offer'. Explanation: “the...
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Equatorial Guinea adopts New Petroleum Regulation

“This new Regulation gives an opportunity to the Republic of Equatorial Guinea to continue being a world reference in the hydrocarbons sector. To maintain our position, we must be prepared,...
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Gabon: Tax on household waste maintained for some and not for others

Indeed, according to the modifications recently carried out in article 15 of the law n ° 047/2018 of January 30, 2019 determining the resources and the loads of the State...
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CEMAC spearheads project to electrify Gabon from Equatorial Guinea

The project is part of the objectives pursued by the countries of Central Africa to make their sub-region, "an emerging integrated space, where security, solidarity and good governance prevail for...
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Clustering in special economic zones can boost Central Africa’s creative industry, says ECA’s Pedro

“The complexity and opacity of the production and monetization chain within the creative industries in Africa makes the sector more informal and discourages investors and insurers from contributing to its...
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Gabon’s OPEC bridge, not bad compared to other defaulters

On the African continent, the difference allegedly recorded in Gabon’s production in May would be tiny compared to that of other countries such as Nigeria and Angola. These two countries,...
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Cofina Gabon: 4 billion FCFA for SMEs

"I am pleased to have obtained the funding necessary to continue the growth of Cofina Gabon," Cofina Gabon Chief executive revealed.. "It will allow us to continue to meet the...
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Sasol Ltd to end activities in Gabon

Sasol's interests in petroleum include a 27.75% stake in the Etame Marin license off the coast of Gabon, operated by Vaalco Energy, and a 10% stake in a gas to...
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Gabon, APPO member states seek ways to increase petroleum production despite Covid 19 threat

The latter resolved to envisage the future with the Covid-19 and see what arrangements are necessary and how to pool efforts in sharing experiences to develop the African oil industry....
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New World Bank financing process for Chad under review

This will be allocated to it on the basis of the Annual Assessment of Policies and Institutions (CPIA / EPI). The increase will bring Chad’s envelope from $ 431 million...
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Orange promotes African Start-ups through ground-breaking Tech competition

The objective of this challenge is to give entrepreneurs in Africa and the Middle East, and in particular those in Cameroon, the means to get started and develop, "announces the...
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Gabon Telecom triggers 20% drop in internet rates

“In response to requests from several of its customers, Gabon Télécom has made changes to its price list, concerning Internet packages. This revision aims to give better readability, as well...
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CEMAC zone: beyond Covid-19, multiple issues at stake

Irresolved concerning the process of regional integration, CEMAC, is confronted with this health crisis of Covid-19 which highlights a multiform state of emergency: economic, security and political. When Cameroon, the...
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