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Peter Nsoesie

African Development Bank churns out 26 billion FCFA for Logone bridge project

In its press release published on May 6, 2020, the African Development Bank (AfDB) has announced the disbursement  the sum of CFAF 26.9 billion on April 30, 2020, for the...
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Alafia wincovid-19: A strategic application for tracking risky cases in Gabon

DigiitaLink, a start-up evolving in the field of web and mobile application development offers an innovative solution in the fight against Covid-19. Its application “Alafia wincovid-19 is a decision support...
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After Cameroon Government eases restrictive measures, GICAM calls on the state to do more

The Cameroon Employers Asociation known in its French acronym as GICAM notes that its proposals have been partially taken into account by the government, and invites the authorities to make...
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IMF Approves 132 billion FCFA Disbursement to Cameroon to address impact of Covid 19 pandemic

Among the African countries most affected by the Coronavirus pandemic, Cameroon has just received significant financial support. The country of Paul Biya was granted a loan of 226 million dollars,...
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Cameroon Government warns 20 artisanal mining companies to restore exploitation sites within 60 days

The notice comes from the Minister of Mines, Industry and Technological Development, Gabriel Dodo Ndoke. The Minister of Mines, Industry and Technological Development (MINMIDT), Gabriel Dodo Ndoke, dissatisfied with the...
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Cameroon raises 34 billion FCFA in third Treasury Bond operation

Though expecting 50 billion FCFA, the  State of Cameroon is  satisfied with  34 billion FCFA, obtained on the money market on April 29, 2020. It was during its third operation...
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Cameroon Government announces expansion of the Pharmaceutical industry

This is one of the resolutions of the  Cabinet meeting  chaired on April 30, 2020 by the Prime Minister of Cameroon in Yaoundé. On April 30, 2020, Prime Minister Joseph...
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Equatorial Guinea takes bold action to aid explorers, Major firms to benefit include Kosmos Energy and VAALCO Energy

The Ministry of Mines and Hydrocarbons will grant two-year block extensions and ease capex requirements for E&P companies amid industry downturn; major U.S. upstream firms to benefit include Kosmos Energy,...
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Cameroon’s loan request to the IMF postponed over lack of an economic recovery plan

According to the official agenda of the International Monetary Fund (IMF), Cameroon’s case was to be examined on April 28, 2020 by its Board of Directors. But, in the absence...
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Construction of the Yaounde-Douala dual carriage way slowed by financial huddles

Emmanuel Nganou Djoumessi, Cameroon’s  Minister of Public Works brought together by video conference  officials of the China First Highway Engineering Company, the company in charge of the works of the...
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Andre Alexis Megudjou named Managing Director of CCA Bank

It was at the end of the CCA Bank’s board of directors held on April 28 that the news came. André Alexis Megudjou is the new managing director of the...
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Covid-19 to have minimal impact on Cameroon’s Insurance sector

Protais Ayangma, Insurer and founder of the National Insurance Company, now Saham Insurance Cameroon (2014), has just published a note on the impact of the coronavirus (Covid-19) in the insurance...
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The Franc CFA to be affected by the covid-19 pandemic

The CFA Franc used within the Central African Economic and Monetary Community (CEMAC) is on the list of potential victims of the covid-19 epidemic which is currently raging in the...
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Equatorial Guinea , Year of Investments Advances despite Challenges

COVID-19 has slowed global trade, but Equatorial Guinea is not relenting in its drive for investment and downstream diversification, said the country’s Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga...
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