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La Rédaction

Congolese household assets in International banks reach $533 million in 2019

By the end of December 2019, assets in international banks of households residing in Congo-Brazzaville were $ 533 million, according to statistics provided by the Bank for International Settlements (BIS),...
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Bars, Nightclubs and Restaurants at the brink of collapse in Gabon due to Coronavirus restrictions

Faced with the epidemic of the new coronavirus having induced a prolongation of the state of emergency in Gabon and its natural corollary, the confinement of Grand Libreville, the concern...
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Gabon eases covid-19 restrictions in Grand Libreville, set new rules

If the peak of the Coronavirus epidemic should be reached between the middle of May and  June, the government has nevertheless eased confinement restrictions  of Grand Libreville, one of the...
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Gabonese Government launches project to check food imports from Cameroon

In Meyo Kye and Eboro, two localities bordering Cameroon, a food product transfer dock and a standing cattle processing area will be built. The construction work, which is expected to...
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More than 70 million FCFA to be shared to Chadian entrepreneurs

The Minister of Youth Promotion, Sports and Employment, Mahamat Nassour Abdoulaye announced on Monday that more than 70 million FCFA  will be delivered today Tuesday to young entrepreneurs carrying micro-projects...
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Gabon postpones closing of bid submission on Oil Blocks

The Minister of Petroleum has announced  the postponement of the closing of the bid for the 12th call for tenders for the allocation of 35 oil blocks, originally scheduled for...
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Chad revises budget for coronavirus response

The Minister of Public Health, Professor Mahamoud Youssouf Khayal, made a press conference this Sunday to give more details on the government’s efforts in the fight against the Covid-19 pandemic....
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Gabon shares out more than 20.000 Food Bank vouchers for about 500 million FCFA to needy persons

Ten days after the launch of the activities of the Food Bank, the Ministry of National Solidarity claims the distribution of 20,424 vouchers in total in several districts of Grand...
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Banks in the CEMAC sub region snub BEAC liquidity offer

The liquidity made available by the Central Bank does not attract the bankers of CEMAC, credited with about 2000 billion FCFA of free reserves, according to the IMF. But beyond...
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IMF approves 22 billion FCFA for the Central African Republic

“I came to congratulate the Minister of Finance for the approval by the board of directors of the International Monetary Fund (IMF) of the Rapid Credit Facility program which includes...
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Chadian government unveils Economic stimulus plan to assist businesses during covid-19 State of Emergency

Finance and Budget Minister Hamid Tahir Nguilin hosted a press conference this Saturday. He clarified the message to the nation from the President of the Republic, Idriss Deby Itno, and...
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The moratorium on maturing bank loans outlined for Gabonese companies

The terms of the moratorium on maturities of corporate bank loans were detailed by the Ministry of Economy and Finance on April 22. Aimed at companies of all sizes, this...
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SETRAG continues freight operations despite Coronavirus threat

Contrary to rumors circulating recently on social networks, the Transgabonais Operating Company (SETRAG) specifies that if it has stopped the transport of passengers in accordance with the measures decreed by...
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Cameroon to resist Covid-19 induced economic shocks despite recording the highest infection rate in the CEMAC zone

Cameroon is the most affected country in the CEMAC sub region by the covid-19 with over 1,500 cases so far,. However, it will be the least impacted macroeconomically.  Solomane Konén,...
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