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La Rédaction

Banks in the CEMAC zone to face stiff regulations

Banking regulation has remained rigid for the banking sector in the CEMAC zone. Commercial banks in the sub-region are forced to continue to strictly adhere to the prudent rules that...
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Gabon rolls out 407 billion FCFA to stabilize her Economy

Gabon has released 407 billion CFA francs for economic, social and macroeconomic resilience measures, in order to support the impacts linked to the Coronavirus crisis. More than two-thirds of this...
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Equatorial Guniea’s Ministry of Mines and Hydrocarbons pushes for financing of Post Covid-19 Investment Projects

As African markets take the hit of the economic crisis caused by the COVID-19 pandemic, the Ministry of Mines and Hydrocarbons of Equatorial Guinea is pushing for the mobilisation of...
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Gabon gives out more than 50.000 Food Bank vouchers in two weeks

Two weeks after launching its activities in Grand Libreville, the Food Bank is on track to reach its target of 60,000 households impacted by the distribution of food vouchers and...
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Cameroon eases restrictive measures, steps up support mechanisms to ease Economic shocks of Coronavirus

Transportation, hotels and restaurants, and commerce are the sectors that the government says have been most affected by the coronavirus pandemic. This is the result of a study carried out...
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Rehabilitation of Libreville’s urban roads on good course despite Coronavirus

Launched a few months ago with the aim of rehabilitating the streets  in the municipalities of Libreville, the works are continuing, in compliance with the barrier measures set out by...
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Gabon to review her industrialization plan to limit black gold dependence

The government will initiate an assessment of the national industrialization strategy with a view to adapting it to new priorities. The initiative aims to lessen the dependence of the national...
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Chad seals deal with Islamic Developemnt Bank for the tarring of Abeche-Abouglem road

Chad and the Islamic Development Bank have signed a loan agreement on for the construction and asphalting of the Abeché – Abouglem road. The Abéché Abouglem section construction and asphalting...
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Chad envisages construction of dry port with funds from Islamic Development Bank

A project to create a dry port between Adré and Abougoulème is under study, the representative of the Islamic Development Bank (IDB) in Chad, Ali Ousmane Khassim announced this week...
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Gabon’s economic growth rate to slump drastically due to Covid-19

Growth should be around zero in 2020, very far from the 3.8% expected by the government. The coronavirus crisis has gone through this. Highly hoped for in 2020, the increase...
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More than 3000 workers in Gabon put on technical leave

After two weeks of total confinement of Grand Libreville, the impact of Covid-19 on the health of Gabonese companies is alive. 121 companies have resorted to technical unemployment proposed by...
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Discussions underway in Chad for the payment of internal debts

No consensus between the Chadian Ministry of Finance and Budget and credit institutions. The two parties have deferred on the possibility of paying the domestic debt in a meeting on...
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CAR relaxes restrictive measures, extends other to curb covid-19

A relaxation in the observation of the barrier measures against the coronavirus has been noted recently in the Central African Republic (CAR), while the country reached Monday the bar of...
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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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