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Economy

FEC makes proposals to DR Congo Government

Albert Yuma was keen to enlighten public opinion because this is a symbolic meeting. "We told him, 'It was a wonderful innovation to involve the FEC in the consultations," "he...
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13 Congolese companies to inject 747 billion FCFA into the Economy

For the president of the National Investment Commission, Jean Raymond Dirat, this is an opportunity to be seized, at a time when the country is suffering a deep economic crisis....
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Vaalco completes the acquisition of Sasol’s stake in Etame Marin

Under the terms of the agreement, a conditional payment of $ 5 million will be payable to Sasol by Vaalco if the price of Brent oil is on average above...
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Congo and the DRC sign agreement to coordinate Telecommunication frequencies

According to the terms of this document drawn up during the workshop of experts from the two countries on the issue of coordination of frequencies at the borders, on 19...
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Gabon seals deal with CICMHZ for Manganese production

While ensuring to comply with the vision of the President of the Republic who advocates “win-win” agreements, including in the mining sector, an updated agreement was signed this Friday, February...
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Cameroon vie for PRA eligibility

For Keiko Kubota of the World Bank, “four major pillars are at the centre of this strategy on which the formulation of the note should be based. There is the...
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Cameroon to buy Chad’s shares of the Chad-Cameroon pipeline

“The Cameroonian National Hydrocarbons Company (SNH) is a candidate for the takeover of part of the shares held by SHT in Cotco. In a letter dated January 2021 that Africa...
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Regional Sustainable Development Forum to hold in Congo

Since its launch in April 2003, the PEAC has undertaken to enhance the energy potential of the sub-region to meet all forms of electricity demand, through the construction of energy...
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Experts reflect on methods to ameliorate Electricity supply in the Central Africa sub-region

Since its launch in April 2003, the PEAC has undertaken to enhance the energy potential of the sub-region to meet all forms of electricity demand, through the construction of energy...
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Cameroon Government reviews road infrastructure

Regarding the costs of road projects, faced with numerous criticisms of the costs of certain road infrastructures, sometimes judged rightly or wrongly to be exorbitant, Minister Nganou Djoumessi had supported,...
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Congo begins construction of second Oil refinery

The project financing agreement was signed in November 2020 between the Congolese government and the Chinese company Beijing Fortune Dingheng Investment. The second phase of the project will be devoted...
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Gabon rolls out plans to create a Gold reserve

"As such, said draft ordinance specifies the constituent elements of the strategic gold reserve, as well as the operating and control framework; the latter being provided by the Parliament, in...
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Chad gets an appointment at the World Trade Organization

In an official statement, the Embassy of Chad in Switzerland, which is also the permanent mission to the United Nations Office and other international organizations in Geneva, informed on February...
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Japan grants $2.7million to reconstruct North West and South West Cameroon

“The Japanese government has provided support for the Presidential Plan for the Development and Reconstruction of the Northwest and Southwest Regions to the tune of 2,750,000 US dollars. The funding...
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