La Rédaction, auteur/autrice sur CEMAC ECO FINANCE

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...

InCEO, cooperation, Economy, Featured, NEWS

Ngueto Tiraina named FAGACE chief

June 28, 2020ByLa Rédaction

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,...

Incooperation, Economy, Featured, Finance, NEWS

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

June 27, 2020ByLa Rédaction

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...

InEconomy, Featured, NEWS

Gabon records increase in Petroleum and decreased exports in Q1 of 2020

June 27, 2020ByLa Rédaction

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...

InEconomy, Featured, NEWS

Equatorial Guinea adopts New Petroleum Regulation

June 24, 2020ByLa Rédaction

“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,...

InEconomy, Featured, Finance, NEWS

Gabon: Tax on household waste maintained for some and not for others

June 23, 2020ByLa Rédaction

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...

Incooperation, Economy, Featured, NEWS

CEMAC spearheads project to electrify Gabon from Equatorial Guinea

June 22, 2020ByLa Rédaction

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...

Incooperation, Economy, Featured, NEWS

Clustering in special economic zones can boost Central Africa’s creative industry, says ECA’s Pedro

June 22, 2020ByLa Rédaction

“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...

InEconomy, Featured, NEWS

Gabon’s OPEC bridge, not bad compared to other defaulters

June 22, 2020ByLa Rédaction

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,...

Incooperation, Economy, Featured, Finance, NEWS

Cofina Gabon: 4 billion FCFA for SMEs

June 20, 2020ByLa Rédaction

"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...

InEconomy, Featured, NEWS

Sasol Ltd to end activities in Gabon

June 19, 2020ByLa Rédaction

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...

Incooperation, Economy, Featured, NEWS

Gabon, APPO member states seek ways to increase petroleum production despite Covid 19 threat

June 19, 2020ByLa Rédaction

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....

Incooperation, Economy, Featured, NEWS

New World Bank financing process for Chad under review

June 18, 2020ByLa Rédaction

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...

InCompanies, Economy, Featured, Hi-Tech, NEWS

Orange promotes African Start-ups through ground-breaking Tech competition

June 18, 2020ByLa Rédaction

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...