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La Rédaction

Prodece: Signature of the first public-private partnership framework agreement

Launched in 2018, the Prodece is an initiative of the government-funded by the World Bank as part of a program to improve the effectiveness of vocational training, skills development and...
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Gabon reviews 2020 State Budget as Covid 19 hits economy

"The amending finance bill for the year 2020 is part of a particular context marked by the spread of the Covid-19 worldwide with consequences for the national economy," the government...
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Tradex S.A sets up first service station in Equatorial Guinea

During this solemnity, Tradex Managing Director, Simon Paley, took the opportunity to present the company's ambitions for this neighbouring country and friend of Cameroon. "This is a first step, an...
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Prof Oramah re-appointed AFREXIMBANK Chief

Also during his speech to shareholders, he also indicated that between 2015 and 2019 Afreximbank disbursed 30 billion US dollars or 17,495 billion FCFA to support African trade. Of which...
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Chad and Germany review Economic cooperation

The Minister of Economy and Development Planning says he is very satisfied and very happy to welcome the German ambassador, a first of its kind. Dr Issa Doubragne goes on...
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World Bank predicts 2.8% decline in sub-Saharan Africa’s economy in 2020

"Growth could resume at 3.1% in 2021 assuming that the pandemic subsides in the second half, that national virus epidemics follow a similar trajectory and that the growth of the...
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African Energy Chamber Calls on Investors to Benefit from Extension of the 12th Gabon Licensing Round

In addition to the seismic data, well data is now available for 167 wells within the MegaSurvey area, in order to support the evaluation of the blocks on offer. “Value-added...
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Public structures in Cameroon witness significant cuts following slashing of State budget

This drop in revenue is due to the drop in tax revenue (-587.353) driven by "Value-added taxes and turnover" (-298,017), "Taxes on specific products and excise duties "(-69,022)," Import duties...
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Chad benefit from debt Moratorium

"The representatives of the Paris Club creditor countries have agreed to grant" to these countries a "suspension of debt service for a fixed period, from May 1 to December 31,...
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93% of Enterprises and Households affected by Coronavirus shocks in Cameroon

The survey reveals that: "93% of business owners admit that the activities of their production units have been negatively impacted. Among these companies, 14% of the informal sector and 18%...
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Tax rebates for 175 SMEs and VSEs in Gabon

The lucky ones were selected after examining the files by the Tax Counter, said the Minister of Economy. "Beneficiaries of tax breaks are asked to approach the tax centres on...
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Gabon: “Public investment is not the engine of growth” – IMF

In terms of quality of infrastructure, the efficiency of public investments has halved from the optimal level forecast, compared to a drop of 20% in the world and in sub-Saharan...
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Gabon unveils Digital Investment Window

According to Gabriel Ntougou, the GNI generates a reduction of the delays in terms of formalization for obtaining a circuit sheet. The same is true for the waiting time and...
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Total Gabon: 30 billion FCFA dividend to be paid to shareholders from June 11

This dividend will be paid in Euros from June 11, 2020 for an equivalent value of 9.88 Euros based on the rate of the dollar of the European Central Bank...
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