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Peter Nsoesie

Gabon submits to the terms of EITI and IMF, Gains Reintegration

In response to international demands, Gabon is undertaking an unprecedented approach to transparency in the management of its extractive resources. The country is committed to making public contracts and permits...
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IMF Approves 72 Billion FCFA for Cameroon after 6th Economic Review

The International Monetary Fund IMF Has approved, on the one hand, the 6th review of Cameroon ‘s Economic and Financial Program 2021-2024 supported by the Extended Credit Facility (ECF) and the Extended Credit...
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Cameroon Domestic debt repayment falls by 32%

These amounts showed a downward trend between the first quarters of 2023 and 2024 according to the Long and Medium Term Economic and Budgetary Programming Document 2025-2027 published by the...
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Cameroon executes first container shipment of Alluminium to Algeria under the Africa Continental Free Trade Area

The cargo loaded this Friday under the supervision of the Minister of Commerce from the port of Douala-Bonabéri, thus constitutes the first export from Cameroon under this project. It will...
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Monte-Carlo TV Festival Awards oustanding Talents

The Monte Carlo Television festival  has rolled out the blue carpet welcoming star guests for its 63rd edition, but it also has an eye on the future. “We’re always working towards expanding...
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Gabon Extractive Industry records 4.5% drop in Q1 of 2024

After three months of activity in 2024, according to the latest Sectoral Economic Outlook Note from the Ministry of the Economy, the consolidated production of extractive activities recorded a decrease...
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Commercial banks in the CEMAC zone in search for liquidity despite 90 Billion FCFA offer from BEAC

The financing need of these banks is increasingly expressed, to the point where the liquidity offer of 90 billion FCFA issued by the Beac on June 25, 2024; could not...
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ECCAS Ambassadors resolve to strengthen Economic Cooperation with the USA

Ambassadors from the Economic Community of Central African States (ECCAS) accredited to the United States of America, met recently to fine tune their strategies, in order to give ECCAS more...
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At WTO Ministerial Confab, Cameroon calls for Emergency support on Agriculture

In his capacity as President of the 14th Ministerial Conference of the World Trade Organization (WTO), Cameroon’s Minister of Trade, Luc Magloire Mbarga Atangana, spoke at the plenary session on...
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BEAC Advocates for the rehabilitation of SONARA

It is a distress call that Yvon Sana Bangui, the governor of Beac, launched on June 24, 2024, reminding the Cameroonian authorities of the need for rapid rehabilitation of Sonara...
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CEMAC adopts new code of Good Governance

The Council of Ministers of the Central African Economic Union (UEAC), one of the community entities, approved, on June 20, in Bangui (Central African Republic), the new financial and public...
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UK Cameroon Chamber of Commerce births Business Guide to boost Economic ties between Cameroon and the United Kingdom

Trade in goods and services between the UK and Cameroon is currently valued at £911 million. The UK stands as one of the principal investors in Cameroon, presenting abundant opportunities...
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BEAC Foreign Exhange reserves stall at 7.2 Trillion FCFA

The volume of foreign exchange reserves of the Bank of Central African States (BEAC) represents an external coverage of the currency of 78.4%, or 4.79 in months of imports of...
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Gabon Oil Company acquires Assala Energy in strategic move

Gabon is taking a decisive step in controlling its energy resources with the finalization of the acquisition of Assala Energy by the Gabon Oil Company (GOC), according to an announcement...
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