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Peter Nsoesie

First round of Three Treasury Bond series earns Cameroon 71 billion FCFA

Cameroon has raised 71 billion FCFA at the end of a 5-year fungible Treasury bonds issuance (T-bonds) operation on April 8, 2020. Investors we are told offered up to 75...
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US think-tank says Congo’s difficult economic situation poses a major challenge for BEAC

The economic situation in the Republic of Congo will be a challenge for the Bank of Central African States (BEAC) in 2020, in the light of the latest analysis provided...
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Gabonese citizens to each receive 15,000 FCFA water and 20,000 FCFA electricity “credit” during coronavirus lockdown

The Minister of Energy and Hydraulic Resources of Gabon has announced that, the monthly expenditure inherent in the management of water and electricity during this confinement period is estimated at...
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Gabon’s brewery giant to begin recycling brewery waste

Société des Brasseries du Gabon (SOBRAGA) wants to limit the waste of resources in Gabon. The company plans, with the collaboration of Name Recycling, to go door-to-door in order to...
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Seven additional measures rolled out in Cameroon as covid-19 surges

The Prime Minister of Cameroon has announced new measures, taken on April 9, 2020, following an  inter – Ministerial meeting of the Committee responsible for implementing the government strategy to...
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Hotel Group “La Falaise” suspends operations in Douala due to Covid-19

After dismissing some of its staff, the La Falaise Hotel group has finally closed its three hotels located in the Akwa, Bonanjo and Bonapriso neighbourhoods in Cameroon’s economic hub Douala....
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“No contamination of our products” – SOBRAGA

The Société des Brasseries du Gabon SOBRAGA  has announced that her products are Covid 19 free, emphasing that all measures have been taken to avoid any contagious infection within the...
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Cameroon turns to BEAC’s financial market to raise funds for key projects

Investors active in the public securities market of the Bank of Central African States have been invited to subscribe to an issue of assimilable Treasury Bonds. (OTA)  of the Cameroon...
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BEAC resumes the injection of funds to assist Banks navigate through Covid 19

The Bank of Central African States BEAC has begun injecting a 250 billion FCFA  liquidity into the banking system of the CEMAC sub-region.This means that, banks in the zone will...
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Congolese Authorities set up joint Natural Resource management platform for ETIC

A  new platform has just been launched for the management of natural resources in the Espace Tridom Interzone Congo (ETIC). This platform will involve local communities and indigenous people in...
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Cameroon seals agreements with AfDB to strengthen Electricity connection and Aquaculture with Chad

The Minister of Economy, Planning and Regional Development has sealed three loan deals with the African Development Bank to finance some priority projects in the country. Alamine Ousmane Mey who...
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Cameroon’s major Business fair “FIAC-Pm EXCHANGE” postponed due to Coronavirus scare

Originally scheduled from April 4 to 19, 2020, the Douala International Business and Trade Fair (FIAC), under the label “FIAC-PmExchange 2020”, was postponed because of the Covid-19. But it could...
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French startup Heetch leaves Cameroon following Covid-19 threat

Threatened directly by the Covid-19 from French soil, Heetch the French VTC application has decided to suspend its operations in Cameroon. This is contained in a recent statement made public....
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Covid-19 accelerates Gabon’s new inter-urban transport company Trans’Urb

Gabon’s Transport Minister Léon Armel Bounda Balonzi has launched the activities of Trans’Urb, the public bus company that will facilitate transportation of people in major cities of the country. The...
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