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La Rédaction

BEAC dangles devaluation hammer on CEMAC countries

The spread of Covid-19 in the Central African Economic and Monetary Community CEMAC still poses a new risk of devaluation of the common currency, the CFA Franc. At least that’s...
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BW Energy sets ambitious plan despite covid-19

BW Energy gave an update on May 4 of its activities on Dussafu Marin, located off the coast of Gabon. If the oil company currently produces 17,500 barrels per  day...
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Gabon’s Oil sector suffocate under Coronavirus restrictions

Restrictive measures taken by the government to fight the spread of Covid-19 have a strong impact on the oil sector. The operators are asking the government to make it easier,...
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Gabon eases procedure to create Limited Liability companies SARL

To improve the business climate and its ranking in the next Doing Business report, Gabon recently announced the promulgation of a law on the simplification of the creation of Limited...
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Chadian youths discuss economic revival after covid- 19

During a press conference on Sunday morning, the Association of Young Economic operators presented a plan to support businesses after the covid-19 crisis. The joint covid-19 crisis intervention and management...
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The Ministry of Mines and Hydrocarbons grants Historic Two-Year Extensions to Oil & Gas Exploration Companies in Equatorial Guinea

In the face of the covid-19 global pandemic and its consequences on oil prices and African economies, the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has signed a...
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According to International Budget Partnership, Chadians are sidelined from the budgetary process

In the Open Budget Survey 2019 established by the International Budget Partnership, Chad scores 0 out of 100 compared to public participation in the budget process. Transparency alone is not...
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Central African Republic lauds Patapaye project despite challenges

The Minister of Finance and Budget of the Central African Republic has praised efforts made in digitizing the civil service despite the low penetration of internet in the country. Henrie-Marie...
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Gabon Telecom supports households against covid-19

Gabon Telecom went there to contribute to the Food Bank on April 30 in Owendo. The leader of the telephony in Gabon has donated 60 tonnes of basic necessities and...
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Chadian Startup specializes in transformation of Dates

“Délices” is a startup specialized in the transformation of dates. It is the initiative of a group of young women whose ambition is to enhance and promote local dates all...
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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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