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La Rédaction

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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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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