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La Rédaction

66 billion FCFA from the AfDB to enable Gabon mitigate the effects of Coronavirus

“The response focuses on controlling the spread of the virus, increasing public resources allocated to the health sector and strengthening the resilience of the most vulnerable communities, as well as...
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Chad to create Chamber of Women Entrepreneurship

The National Chamber of Women’s Entrepreneurship is about making women and girls in Chad more entrepreneurial. It is a framework that will train, mentor and orient women because many are...
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Small scale business in N’Djamena loose 6 billion FCFA to Covid 19

This loss assessed by the chamber of commerce only concerns small shops and services in the country. It could considerably increase with the accumulation of those of large companies. The...
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Coronavirus grips Congo Brazza’s economy, several sectors touched

A strong economic recession with a negative growth rate of between 10% and 7%, a sharp increase in unemployment, through the loss of jobs, especially in the formal sector, a...
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Gabonese local companies accuse the government of bias contract awards

In a letter sent on June 20 to Bogdan Sgarcitu, the Director General of ANGTI, the boss of Faco Construction indeed mentions "negligence and illegal practices and not in accordance...
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Congolese government to foster digital platform through 1Rivet support

For the minister, who sees digitization as an efficiency opportunity that will bring additional revenue to the government, "we cannot have platforms dotted around each department." Léon Juste Ibombo said...
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Chad seals 54 billion FCFA accord to improve electricity supply

According to the Minister of Economy and Development Planning, Issa Doubragne, the Cameroon-Chad interconnection line is one of the flagship projects selected in the energy master plan of the CEMAC...
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Emmanuel Neossi, poised to conquer Africa’s promising business terrain

The NEO Industry Group CEO has also partnered with a French Real Estate and Consultancy company CIOA and now holds 51% shares of the new merger specialized in low-cost housing...
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CEMAC economic recession could hit 6% according to BEAC

According to the central scenario, an economic recession of 5.9% is forecast, a slight inflationary rise to 2.5%, that is to say below the Community standard which is 3%, a...
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HPS Boss Prosper Sugewe births financial rating agency in Cameroon

Until this first agency obtains an approval from the Central African Financial Market Supervisory Commission (COSUMAF), the CEO of HPS International Consulting SA has engaged in consultations to select experts...
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Chad suffers economic shocks from Covid 19 pandemic

Despite the dreaded disaster, the country's authorities have worked tirelessly to absorb the shock anyway. It is true that the measures taken have far-reaching effects on the labor market and...
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Gabon’s public debt: 648.0 billion FCFA settled in the Q1 of 2020

The settlement of the external debt (88% of payments) was made to the tune of 570.1 billion CFA francs in the 1st quarter of 2020 against 116.9 billion CFA francs...
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Ngueto Tiraina named FAGACE chief

Ngueto Tiraïna Yambaye is, in fact, a high-level economist specializing in International Finance and Financing Strategy. He has over 25 years of international and national experience. Former Minister of Economy,...
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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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