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Economy

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COBAC stops Cameroon transfer of ”Sleeping Funds” to Deposit and Consignment Fund CDEC

July 15, 2024By
Cold snap on the process of transferring funds and assets assigned to the Caisse des Dépôts et Consignations (Cdec) of Cameroon. While the institution has already collected several billion CFA...
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Chad launches Phase 1 of the N’Gueli dry port 

July 15, 2024By
More than 9 million euros, or 6 billion FCFA. This is the amount of the overall envelope for the modernization work of the N’Gueli Dry Port in the city of...
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Gabon earmarks over 255 billion FCFA in small projects

July 15, 2024By
The National Investment Commission (CNI) held its first annual ordinary session on July 10 in Brazzaville, under the direction of its president, Athanase Ngassaki. Of the twenty-two files examined, approval...
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BVMAC record about 14 Billion FCFA worth of transactions in Q1 of 2024

July 11, 2024By
The Central African Stock Exchange (Bvmac) recorded 82 transactions for a total volume of 1,570,945 securities, representing a value of more than 14 billion FCFA in the first quarter of...
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Congo and European Union deepen Cooperation

July 11, 2024By
The European Union (EU) is one of the partners of the Republic of Congo with a portfolio estimated at nearly 50 billion FCFA for around twenty socio-economic projects. At the...
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IRAD to spearhead Rice Development Project in Cameroon

July 11, 2024By
It is through a protocol of two agreements signed on July 8, 2024 with the Ministry of Agriculture and Rural Development, that the Agricultural Research Institute for Development (IRAD) will...
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Gabon submits to the terms of EITI and IMF, Gains Reintegration

July 11, 2024By
In response to international demands, Gabon is undertaking an unprecedented approach to transparency in the management of its extractive resources. The country is committed to making public contracts and permits...
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Unlocking Africa’s Potential: A Glimpse into AFSIC 2024

July 10, 2024By
AFSIC – Investing in Africa 2024 is not just 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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IMF Approves 72 Billion FCFA for Cameroon after 6th Economic Review

July 8, 2024By
The International Monetary Fund IMF Has approved, on the one hand, the 6th review of Cameroon ‘s Economic and Financial Program 2021-2024 supported by the Extended Credit Facility (ECF) and the Extended Credit...
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Cameroon Domestic debt repayment falls by 32%

July 8, 2024By
These amounts showed a downward trend between the first quarters of 2023 and 2024 according to the Long and Medium Term Economic and Budgetary Programming Document 2025-2027 published by the...
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Cameroon executes first container shipment of Alluminium to Algeria under the Africa Continental Free Trade Area

July 8, 2024By
The cargo loaded this Friday under the supervision of the Minister of Commerce from the port of Douala-Bonabéri, thus constitutes the first export from Cameroon under this project. It will...
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The 24th Economic Meetings of Aix-en-Provence: A Positive Overview with Distinguished Guests

July 7, 2024By
The 24th Economic Meetings of Aix-en-Provence, which took place on July 5th and 6th, 2024, were not only a testament to the event’s role as a pivotal platform for global...
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The Vision of Macky Sall: Bridging the Global Divide for Sustainable Development

July 7, 2024By
In the picturesque setting of Aix-en-Provence, amidst the buzz of economic discourse, former Senegalese President Macky Sall offers a compelling vision for the future. His insights delve into the pressing...
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Dawn of the Sahel Confederation: Africa’s New Frontier

July 6, 2024By
On July 5, 2024, West Africa witnessed a pivotal moment with the launch of the Sahel Confederation. This strategic alliance between Mali, Burkina Faso, and Niger represents renewed hope for...
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