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cooperation

Chad and the WFP sign an agreement worth 36 billion FCFA to curb Food crisis

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...
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IMF says Gabon’s debt at 70% of GDP

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...
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Cameroon to get 71.5 Billion FCFA from IMF under Extended Credit Facility

In detail, this new agreement falls within the framework of the first review of the Resilience and Sustainability Facility (FRD), as well as the sixth reviews of the program supported...
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IMF bemoans low income of Gabonese Citizens

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....
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The Potential Impact of Far-Right Governance in Europe on Africa: A Comprehensive Analysis

The possibility of far-right parties coming to power in Europe could have profound and multifaceted consequences for Africa, affecting various economic, financial, social, and cultural aspects. Here is an analysis...
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The European Union plans to invest 80 billion Euros for research in Cameroon rare minerals

Faced with Chinese competition and its hegemony at the global level, the European Union once again demonstrated its interest in raw materials during the Cameroon International Convention of Mines and...
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Owendo Port Container Terminal gets Seven new Hi-tech Gandries

Departing from Abu Dhabi’s Khalifa port last April, the two quay gantry cranes (STS) and five park gantry cranes (RTG) were received on June 3 at the port of Owendo....
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High-Level Political Forum 2023: Accelerating Recovery and Achieving the 2030 Agenda

From July 10 to 19, 2023, the High-Level Political Forum on Sustainable Development (HLPF) was held under the auspices of the Economic and Social Council (ECOSOC). The forum, themed “Accelerating...
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DRC Central Bank maintains rates with positive Economic Outlook

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...
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Douala Ports Authority and CARPA seal deal to boost Port Expansion

In a strategic approach for the development of port infrastructure, the Autonomous Port of Douala (PAD) signed a framework cooperation agreement with the Support Council for the Realization of Partnership...
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The African Development Bank must re-invent itself – Dr Adesina

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...
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At AfDB meetings Experts urge African nations to make their countries attractive

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...
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Budgetary reforms envisaged in the DRC with arrival of New Government

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...
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More than 730 billion FCFA mobilized at the Gabon – France Economic Forum

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...
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