The document was initialed by the Minister of Public Health Dr Abdelmadjid Abderahim and the Deputy Country Director of the World Food Program Enrico Pausilli. The amount was mobilized by the World Bank and makes it possible to cover various interventions relating to the prevention of malnutrition, to ensure nutritional care, cash transfer, distribution of...

Faced with the outcry caused by Gabon’s debt figures (70% of GDP) contained in the recent report produced by the international financial institution, the Resident Representative of the International Monetary Fund (IMF), Gomez Agou, declared, Monday 10 June, that this data, until 2023, is data inherited from the fallen regime. “These are figures for management...

The Resident Representative of the International Monetary Fund (IMF), Gomez Agou, spoke on Monday, June 10, on issues relating to the Report of the IMF’s Article IV consultation with Gabon. Faced with misunderstandings and sometimes erroneous interpretations of the data in this report, currently published in English, he provided clarification on points such as Gabon’s...

The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under the leadership of Madame Kabedi Malangu Mbuyi, Governor of the Central Bank of Congo, the CPM also maintained the mandatory reserve coefficients for deposits in...

Dr. Akinwumi Adesina, the president of the African Development Bank Group, today unveiled an ambitious five-point programme to attract much-needed private sector investment to accelerate Africa’s economic transformation and meet the challenges of a host of interlocking global crises. Addressing the Governors’ Dialogue, a keynote event of the Bank’s Annual Meetings, Adesina on Tuesday called...

Experts attending an African Development Bank High-level dialogue in Kenya have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary education and equip the continent’s youth with competitive skills. During a panel discussion at the Bank’s 2024 Annual Meetings in Nairobi, the experts stressed the importance of political commitment to guarantee...

Judith Suminwa inherits from Sama a certain revenue performance over the first four months of 2024 but pressures on security spending, but not only, remain high. For the IMF, a revised finance law for 2024 must integrate the positive impact of the amendment to the contract with the mining company SICOMINES recently signed, both in...

At the end of the first Gabon-France economic forum held on Wednesday 29, which saw the participation of nearly 600 business leaders from both countries, the Gabonese side managed to mobilize more than 1.100 billion euros, including memoranda of understanding (MoU) signed in the presence of the President of the Transition. Undeniable success this Wednesday,...

Africa stands at crossroads – a continent beaming with potential, innovation, and promise. As we navigate the complexities of the global landscape, it is important that we chart a course towards sustainable development, inclusive growth, and shared prosperity. At the forefront of this transformative journey is the philosophy of Africapitalism—a bold and visionary approach to...