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La Rédaction

Transit rights on the Chad-Cameroon pipeline generated more than 36 billion FCFA for Cameroon in 2019

This information comes from the National Hydrocarbons Company (SNH). The National hydrocarbon company recently released the figures for profits made by Cameroon in the context of transit rights on the...
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Oil and Gas production in Gabon and Equatorial Guinea could be severely impacted if Oil personnel movement is not flexible

The African Energy Chamber is urging all stakeholders to put the safety of oil workers and the ability of oil companies to continue operating at the top of industry priorities....
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BW Energy records mixed returns in the Q1 of 2020

BW Energy has just announced an increase in production on the Turtle field to 11,485 bpd in the first quarter of 2020, against 10,735 bpd in the 4th quarter of...
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Franc CFA reform: Changes, Statusquo and Unknowns

The French government announced on May 20, having finalized the bill ratifying the agreement signed on December 21, 2019 between France and the member countries of the West African Monetary...
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World Bank approves 5 billion FCFA for Covid 19 response in Gabon

The World Bank approved on May 19 a loan of $ 9 million, or nearly 5.397 billion CFA francs, from the International Bank for Reconstruction and Development (IBRD) to strengthen...
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The Development of Equatorial Guinea’s Mining Industry will give a Boost to Economic Diversification and Jobs Creation

Recent developments coming from Equatorial Guinea on the development of its mining and minerals industry are extremely positive and need to be welcomed and applauded. As the demand for key...
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New boss at Gabon’s ARTF promises far reaching reforms in the railway sector

The new Executive Secretary of Gabon’s  Rail Transport Regulatory Agency (ARTF) took office on May 16. If he is committed to continuing the projects initiated by Karine Arissani, Prosper Ekomesse...
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Gabon records milestone wood export to China

Despite the Covid-19 pandemic in the country, the Minister in charge of Forests attended, on May 19 at the Port of Owendo, the largest load in the history of Gabon...
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Equatorial Guinea Announces Compliance with OPEC Production Cuts Obligations

Equatorial Guinea has announced that it is fully complying with its production cuts obligations under the record OPEC++ global oil cuts deal reached in April 2020 and which took effect...
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Gabon’s Trade and Industry Bank losses 113 million FCFA to fraud stars

The International Bank for Trade and Industry of Gabon BICIG announced on May 18 that it had suffered fraudulent withdrawals by international payment cards, amounting to 113 million CFA francs....
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COMILOG unveils 655 million FCFA project to kick out Covid 19 from Gabon

The Ogooué Mining Company COMILOG intends to step up its aid to the government as part of the response to the Covid-19 in Franceville. The company presented, on May 14,...
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JCDecaux wins Advertising concession at Libreville airport

The subsidiary of the French industrial group specializing in Urban advertising, JCDecaux Gabon, has won the contract for the exclusive advertising operation of Libreville International Airport. CDecaux Gabon has obtained...
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Equatorial Guinea Signs First and Historic Mining Contracts

The Ministry of Mines and Hydrocarbons has signed the very first mining contracts in the country’s history. Five Mining contracts were signed with three different companies and follow the conclusion...
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Chad’s private press threaten to strike over Covid 19 difficulties

Private television and radio stations in Chad grant have a three-day respite to the new Committee in charge of managing the Covid 19 crisis. On May 9, they threatened to...
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