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cooperation

Equatorial Guinea holds discussions with African Energy Chamber and updates on energy developments during Covid-19

The Chamber commends the development of gas, as LNG stands to be a game-changer in the local, regional and international energy markets. It also puts Equatorial Guinea in line with...
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TOTAL Gabon sell oil wells to Perenco

Perenco will pay between $ 290 million and $ 350 million (over CFA 162 and 195 billion), depending on future Brent prices. However, nothing has been decided yet as the...
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ECCAS States hail revised Treaty, unveil Commissions

President Bongo called on leaders of the sub region to be gladdened by the consensual spirit that prevailed in the choice of members of the Commission. He added that “the...
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Chad seals 36 billion FCFA deal with AfDB to mitigate Covid 19 shocks

For Issa DOUBRAGNE, Minister of Economy, Development Planning and International Cooperation, these donations, which are added to the panoply of donations made by the ADB group, testify to the excellence...
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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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