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Economy

Gabonese Industries laydown roadmap for Growth

This Thursday, March 21, the Forum on the financing of Gabonese industries opened in Libreville. Work planned over two days that François Mbongo Rafemo Bourdette, responsible minister, wants to be...
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Increase in Interest rates observed in Cameroon

Between the 1st and 2nd quarter of 2023, the interest rate granted to individuals increased in Cameroon as highlighted in the report on lending rates practiced by Cemac countries. According...
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The National Social Fund of Gabon in crisis, Government promises remedy

A welfare and social security organization in poor condition, the National Social Security Fund (CNSS) requires “systemic reform” as recommended in the report of the task force in charge of...
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Government takes measures to resolve Internet Disruptions

During an emergency meeting on March 18, 2024 in Yaoundé, Minette Libom Li Likeng, Minister of Posts and Telecommunications, instructed communication operators on measures for continuity of service. Cameroon and...
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University of Buea unveils new IT Centre

Within the framework of a Partnership Agreement between the University of Buea (UB) and DOBRE Technologies (DOBRETECH), the UB IT Centre has been equipped with state-of-the-art equipment to provide six-month...
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Gabon and China reach Agreement to reduce cost of Butane Gaz

The public company Gab’Oil, specializing in the marketing and distribution of petroleum products, recently signed a partnership agreement in China with the company Shanghai Eternal Faith Industry Company Ltd (Sefic)...
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Chad Transitional Parliament authorizes the government to ratify the cooperation agreement on criminal policing between CEMAC States

The national advisors adopted, this Tuesday, March 19 at the Palace of Democracy, the bill ratifying the cooperation agreement in matters of criminal police between the States of Central Africa....
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Cameroon Real Estate Corporation incures 90 Billion FCFA loss in 30 years

These are the shortfalls that the Cameroonian state real estate agent has recorded from 1994 to date. “In 30 years we have estimated the loss at around 90 billion that...
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ECCAS Member states support Candidacy of Abbas Mahamat Tolli for the African Development Bank Presidency

After a notable stint within the Bank of Central African States, the former governor is now seeking the position of president of the African Development Bank as illustrated by the...
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CEMAC Celebrates 30 years Amid Challenges

Born on March 16, 1994 in N’djamena in Chad following the Treaty signed by the founding fathers, the Economic and Monetary Community of Central Africa launches its thirtieth anniversary festivities...
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1300 Billion FCFA Needed to Realize Intgrated Import-Substitution

In order to implement this new development policy indicated by Paul Biya, President of the Republic of Cameroon, the Ministry of the Economy indicates that 1371.5 billion CFA francs are...
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BDEAC Sponsors Construction of Digital University Innovation and Incubation Centre

In his address to the youth on February 11, the Head of State once again urged Cameroonians towards self-employment.  It is then essential to provide the technical framework necessary to...
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Tshisekedi Secures Second Term Amidst Controversy in DRC Election

President Felix Tshisekedi’s victory in the December 20th ballot has stirred controversy as his primary opponents contested the results. With provisional figures indicating a commanding win of 73.3%, according to...
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The cashew nut: an untapped economic goldmine in Central Africa

The cashew tree’s fruit, highly productive in tropical regions, has long been cultivated and consumed solely for its fleshy part due to the ignorance of the myriad virtues of its...
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