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cooperation

Ali Bongo receives ECCAS envoy as Summit draws near

If the key articulations of this high level meeting remain unknown for the moment, the stake will be to take stock of the “historic” reform, adopted last December at an...
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BEAC injects 600 billion FCFA into financial market

Indeed, the implementation of this operation is linked to the agreements concluded with the International Monetary Fund (IMF). "To benefit from this operation, the central bank asks the States, in...
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Elimination of roaming charges planned from January 2021 in the CEMAC sub region

To give a boost to the integration process, CEMAC also intends to rely on telecommunications. “It would be wise for CEMAC member states not to miss the deadline of January...
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COMESA launches online portal to boost trade

The platform will also connect buyers with suppliers of essential goods, thereby promoting and encouraging intra-COMESA regional trade, she said. It will also help small border traders and small and...
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“CEEAC did not realize its main objective” – Alain-Claude Bilie-By-Nze

According to Alain-Claude Bilie-By-Nze, the areas of competence will be better defined, human resources better identified and financial resources better secured. “The Commission will also have the mission of representing...
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Gabon gains 12 places in E-Government ranking

According to the data compiled from this United Nations survey on e-government, Gabon is one of the sixteen countries that joined the high EGDI group in 2020, with 0.3235 points...
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Chad expecting 68 million USD from IMF to mitigate budgetary constraints

The planned disbursement is the second of its kind under the Rapid Credit Facility (FCR). It is the result of lengthy talks between IMF staff and the Chadian authorities, aimed...
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AfDB releases Central African Economic Outlook Report today

One of the AfDB's flagship publications, this report provides an overview of the economies of Central Africa through a regional approach to development. The theme of the third and new...
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BDEAC allocates 155 billion FCFA to Chad, Congo, Cameroon and Gabon

On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states. The disbursement validated during the Board of Directors meeting...
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Chad’s Finance Minister lauds satisfactory execution of the Budget

On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states, reveals Financial Afrik. The disbursement validated during the Board...
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GIMACPAY, the converged card, mobile and transfer ecosystem now a reality

GIMAC is announcing the commercialization of integral electronic payment services at the end of the pilot phase in which the CBC, BGFIBank Gabon, BICEC, UBA, MTN Cameroon, ORANGE Cameroon, CCEI...
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Two new shareholders join the capital of BDEAC as Dondra heads institution’s Governing Body

Indeed, the balance sheet for the financial year 2019 shows a net profit up 32%, or more than 15 billion FCFA against 11 billion FCFA in 2018. Better still, the...
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COMILOG, first company in Gabon for 2020

t is the Ogooué Mining Company (Comilog), which achieved a turnover of 741 billion FCFA in 2018. The company led by Léod-Paul Batolo jumped nine places compared to to 2019,...
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Covid-19: Africa’s economic growth estimated at 3% in 2021

Hanan Morsy, Director of the AfDB's Macroeconomic Policy, Forecasting and Research Department, says the Africa Economic Outlook 2020 Supplement shows that for the first time in half a century, Africa...
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