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91,930
Bitcoin
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Bitcoin
91,930

Economy

Banks in the CEMAC zone demand increased liquidity

The recent liquidity offer reveals a significant gap between the amount provided (120 billion CFA francs) and the demand (511 billion CFA francs) expressed by the banks of  the Economic and...
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Gabon intensifies preparation for China – Africa Forum

On Monday, August 5, around the Deputy Prime Minister of the Transition, the Steering Committee responsible for preparing the China-Africa Forum (FOCAC) of September 2024 met to examine the summary...
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Congo to receive 8.3 million US Dollars in Carbon credit

The expected funding of $8,371,060, or approximately 5 billion FCFA, is intended to reward Congo for its efforts in forest conservation and reduction of carbon emissions. This carbon credit should...
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AFSIC 2024: Unleashing Africa’s Investment Potential

AFSIC – Investing in Africa 2024 is more than an event—it’s a pivotal opportunity to connect with Africa-focused institutional investors. This year, we are thrilled to introduce our newly updated...
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Paul Biya orders Deposit and Consignment Fund to continue takeover of abandoned assets

According to the said press release signed on August 1, 2024 by the Minister of State, Secretary General of the Presidency of the Republic, Ferdinand Ngoh Ngoh, the deposits and...
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Glencore Bribery Scandale: SNH satisfied with announced Trial of Former Glencore staff in London

This follows the transfer on September 10 of former employees of Glencore Company before the Westminster Court in London, according to a press release dated August 2, 2024 and signed...
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A New Economic Era: Burkina Faso Launches Its First Central Bank

After 64 years of independence, Burkina Faso is making a historic stride by inaugurating its first national bank, which will also serve as the central bank. This bold initiative is...
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Cameroon mobilizes 355 Billion FCFA for Internal Debt Settlement and funding of Projects

In a press release made public on July 31, 2024, Louis Paul Motaze set the national opinion on the direction that will be given to the 550 million USD, or...
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EITI: Congo to make further corrections for Effective Transparency

Congo will have to make additional efforts in terms of extractive sector governance, before the next validation of the Extractive Industries Transparency Initiative (EITI) in April 2025. Corrective measures  include facilitating consistent...
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Gabon seals Agreement with UBA to support Industrial actors

In order to support small and medium-sized national industries, the transitional government, through the Ministry of Industry, signed this week an agreement with the pan-African banking establishment UBA, which has...
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BANGE Bank launches Agri-banking solution

Strengthening the competitiveness of farmers, cooperatives and agro-industrial companies is the framework for action targeted by the implementation of this banking solution. A pillar of the Cameroonian economy, agriculture is...
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Zambia: A Land of Visionary Investment Opportunities

As a proud sponsor of AFSIC, the Zambia Development Agency unveils a spectrum of promising investment opportunities, inviting investors to explore the dynamic growth potential of the Zambian market. The...
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Central African Republic: Untapped Economic Potential Amidst Fragility

The Central African Republic (CAR), rich in natural resources and with significant agricultural potential, offers a largely unexplored economic playing field. Despite a volatile political and security environment, the country presents attractive opportunities for...
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Kribi Ports Authority gets new Board Chairman

The former Secretary of the Ministerial Councils at the Presidency of the Republic Betjol Hiol Charité De Bessombe is the new Chairman of the Board of Directors of the Kribi Ports...
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