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Economy

IMF bemoans low income of Gabonese Citizens

The Resident Representative of the International Monetary Fund (IMF), Gomez Agou, spoke on Monday, June 10, on issues relating to the Report of the IMF’s Article IV consultation with Gabon....
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The Potential Impact of Far-Right Governance in Europe on Africa: A Comprehensive Analysis

The possibility of far-right parties coming to power in Europe could have profound and multifaceted consequences for Africa, affecting various economic, financial, social, and cultural aspects. Here is an analysis...
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The European Union plans to invest 80 billion Euros for research in Cameroon rare minerals

Faced with Chinese competition and its hegemony at the global level, the European Union once again demonstrated its interest in raw materials during the Cameroon International Convention of Mines and...
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Owendo Port Container Terminal gets Seven new Hi-tech Gandries

Departing from Abu Dhabi’s Khalifa port last April, the two quay gantry cranes (STS) and five park gantry cranes (RTG) were received on June 3 at the port of Owendo....
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High-Level Political Forum 2023: Accelerating Recovery and Achieving the 2030 Agenda

From July 10 to 19, 2023, the High-Level Political Forum on Sustainable Development (HLPF) was held under the auspices of the Economic and Social Council (ECOSOC). The forum, themed “Accelerating...
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DRC Central Bank maintains rates with positive Economic Outlook

The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under...
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Douala Ports Authority and CARPA seal deal to boost Port Expansion

In a strategic approach for the development of port infrastructure, the Autonomous Port of Douala (PAD) signed a framework cooperation agreement with the Support Council for the Realization of Partnership...
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The African Development Bank must re-invent itself – Dr Adesina

Dr. Akinwumi Adesina, the president of the African Development Bank Group, today unveiled an ambitious five-point programme to attract much-needed private sector investment to accelerate Africa’s economic transformation and meet...
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At AfDB meetings Experts urge African nations to make their countries attractive

Experts attending an African Development Bank High-level dialogue in Kenya have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary education and equip the continent’s youth...
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Budgetary reforms envisaged in the DRC with arrival of New Government

Judith Suminwa inherits from Sama a certain revenue performance over the first four months of 2024 but pressures on security spending, but not only, remain high. For the IMF, a...
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More than 730 billion FCFA mobilized at the Gabon – France Economic Forum

At the end of the first Gabon-France economic forum held on Wednesday 29, which saw the participation of nearly 600 business leaders from both countries, the Gabonese side managed to...
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Globeleq Employees recieve Labour Medals

On May 24, 2024, the Minister of Labor and Social Security, Grégoire Owona, on behalf of the President of the Republic, Paul Biya, honored the Globeleq staff in Cameroon. Alongside...
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Embracing Africapitalism: Path to Sustainable Development and Economic Empowerment – Tony Elumelu

Africa stands at crossroads – a continent beaming with potential, innovation, and promise. As we navigate the complexities of the global landscape, it is important that we chart a course...
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Tony Elumelu’s Global Vision To Empowering Healthcare

Tony Elumelu, the Chairman of the United Bank for Africa Group (UBA), and the Founder of the Tony Elumelu Foundation has called on all stakeholders within and without the health...
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