Bitcoin
97,978
Bitcoin
$ 115,301
Bitcoin
97,978

Peter Nsoesie

CEMAC and ECCAS for unique industrial and diversification agenda

“The project of developing a unique industrialization and economic diversification strategy for Central Africa is therefore godsend to enable us work together around the common value chains that will provide...
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Memve’ele Dam to be fully operational by June 2021

The construction of the structure, on Sino-Cameroonian funds, has been completed since June 2017 but the expected energy (211 MW) of the production plant is not yet available at the...
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Cameroon issues another ATBs of 25 billion FCFA

Since April 2020, the public treasury has been requesting the BEAC securities market, as part of a vast fundraising program for a total amount of CFAF 220 billion. The Cameroonian...
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Chadian government empowers 86 employment promoters through ONAPE

Sadick Brahim Dicko reassured that transparency was used in the process of granting these credits by his entity. "No young person will be discriminated against for their political, ethnic, religious...
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BW Energy: 51 billion FCFA paid to Gabon for the 2019 financial year

These payments to the State are distributed as follows: $ 60.3 million to the General Directorate of Hydrocarbons, or $ 46.1 million in kind based on production; $ 12.9 million...
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Chad: oil revenues increase by 33.4% in the 1st quarter of 2020

During the first quarter of 2020, oil revenues collected in Chad amounted to FCFA 102.1 billion in the 1st quarter of 2020 compared to FCFA 76.5 billion in the 1st...
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CIMAF Gabon braces up stiff competition with imminent arrival of Dangote cement in Gabon

Cimaf Gabon's approach is not trivial. The arrival of Dangote Cément, led by the Dangote Industries group, suggests a shock in this market segment whose annual demand is 600,000 tonnes....
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Public accounting in Cameroon: Government creates specialized payments for more budget transparency

The Communication Unit of MINFI explains that the creation of certain specialized payrolls with certain ministerial departments is part of "the dynamics of decongesting the expenditure circuit in general and...
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UBA Foundation Commemorates 2020 International Day of the African Child, Donates Thousands of Books across Africa

During the virtual session, the Managing Director, UBA Foundation, Bola Atta, spoke to the students on various issues, ranging from financial literacy and the importance of imbibing good reading culture...
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Cameroon launches “Fonds-Proto”

"It will then be necessary to move on to contractualization and the actual support for prototyping … at the end of this stage, a national workshop will be organized to...
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Gabon’s petroleum revenue may drop after briding OPEC production quota

Furious, OPEC should punish the bad guys. Having joined this organization in 2016, Gabon, in particular, will be forced to lower its production for several months in 2020, in order...
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GICAM advocates for economic patriotism to summount Covid 19 induced economic shocks

Regarding the publication of the evaluation report of the socio-economic effects of the coronavirus in Cameroon, published by the National Institute of Statistics (INS) and the United Nations System, "they...
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CIMAF invests 9 billion francs to make Gabon self-sufficient in cement

"If we take into account the production of CimGabon, estimated at 150,000 tonnes per year, and Africa Cement which is around 200,000 tonnes, we can easily say that Gabon should...
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CAMAIR CO to lay off over 300 workers, Management explains

“… Faced with the cessation of our operating activities, and after having objectively assessed the relevance of all the possibilities offered by the legislation in this area, it appeared necessary...
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