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cooperation

BEAC tightens conditions for transfers outside CEMAC

In addition, the BEAC specifies, the commission rate to be charged by the Central Bank during transfers outside CEMAC on behalf of national treasuries and accountants, as well as all...
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Cameroon seeks loan to strengthen security in the CEMAC zone

Commerzbank, which finances more than 30% of Germany’s foreign trade, is the second largest listed German banking group by capitalization behind Deutsche Bank.
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IFAD signs 33 billion FCFA deal for rice and onions development in Cameroon

Phase II of PADFA could make it possible to increase rice production to 750,000 tonnes in 2020 against 163,000 tonnes in 2013 before the launch of the project, while onion...
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Congolese heads WCO West and Central Africa region

"The accession of the Congo to this post is a recognition by the international community of the efforts made by this country, in terms of reforms aimed at simplifying and...
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At UN General Assembly Chad presents 5-year Development plan

Chad's 2017-2021 National Development Plan, which was strongly supported by donors when it was presented to the Paris Round Table in 2017, did not receive the expected results, due to...
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Gabon unveils post COVID 19 revival plan for the Tourism sector

"The first axis from this point of view was compliance with barrier measures as part of the implementation of a health protocol within the Ministry of Tourism," said Pascal Houangni...
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Congo’s Digital payment hub takes shape

With a term of one year renewable by tacit agreement, the agreement aims to ensure the monitoring of electronic transactions carried out in the Republic of Congo by transfer, direct...
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AFD supported structure grants 38 million FCFA to 7 Chadian entrepreneurs

Seven winners were thus selected by a panel of experts and were able to benefit from a total budget of 38 million CFA francs. This amount, without interest and without...
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CEMAC member states and the DRC decide to end timber exports in 22

Jules Doret Ndongo told the Cameroon Radio Television CRTV the move will also create jobs and empowers actors in the sector by diversifying its scope. "The joint decision is in...
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Banking consortium raises 300 billion FCFA for Congolese enterprises

For Henri-Claude Oyima, this financing should "make it possible to settle part of Congo's internal debt". "It is not about funding that is given directly to the state, but funding...
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ARPCE and ARPTC strengthen cooperation on Electronic communication in Congo and the DRC

On this subject, the experts of the two countries meeting earlier before the signing of the memorandum of understanding presented the situation which boils down to several difficulties in the...
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About 10 BVMAC shareholders approved by Cosumaf

Among these are “the Debt Recovery Fund, Assinco SA, Bati Sarl, the Professional Insurance Company of Cameroon, but also Commercial Bank of Cameroon, Banque Atlantique du Cameroun, Financia Capital, Union...
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Over 1 billion FCFA to boost cassava sector in Congo

The program will call on a South-South partnership already in place with West African countries (Benin, Ivory Coast), major producers and consumers of cassava products. Established for two years, this...
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FAGACE strikes partnership with four banks to boost the financing of projects in Chad

"Since the banks are at the heart of the Fund's Guarantee implementation mechanism, bilateral meetings have taken place in particular with the BSIC, BCC, UBA, CBT, ECOBANK, ORABANK in order...
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