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Economy

Cameroon projects 3.3% growth rate for 2021

According to the Director-General of Budget at MINFI, some of these measures have been taken into account in the state finance bill for the 2021 fiscal year. Cyril EDOU ALO'O...
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Equatorial Guinea Outlines a Path Towards Oil & Gas Industry’s Road to Recovery

As Equatorial Guinea renews with stronger investment inflows, it will also see new drilling activity. Three wells are notably expected to be drilled by Trident Energy on Block G: ALON...
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Facebook expresses interest to establish in Gabon

A bit sceptical, Edgar Anicet Mboumbou Miyakou wanted to meet with experts in the field and the various officials of the structures under supervision before giving the government discharge. The...
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CEMAC countries brace up for AfCFTA

If at the level of certain states such as Cameroon, the regulation of competition is already regulated, this is not the case at the community level. Hence the urgency to...
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Gabon’s Urban planning Agency prepares to roll out 2021 plan

The National Agency for Town Planning, Topographic Works and Cadastre (ANUUTC) held a Board of Directors on December 18 in Libreville. The sale chaired by Léon Paul Mvouba Okori set...
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Germany provides 33 billion FCFA funding for reproductive health and rural infrastructure development in Cameroon

In detail, the first agreement falls within the framework of technical cooperation. Worth 32 million euros, the latter is devoted to financing local development, civil status, and regional planning. The...
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Gabon records 59%drop in Transport revenue in nine months this year

The health crisis resulting from Covid-19 has had a strong impact on the air transport sector in Gabon. According to the National Civil Aviation Agency (Anac), based on figures from...
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WFP organize a forum to promote cassava transformation in Congo

Constituting the staple food of the Congolese population, cassava is cultivated by nearly 98% of farmers. Due to the lack of development of the value chain, the product barely covers...
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Gabon budgets 20 billion FCFA for Agriculture in 2021

This money, he told senators, will be used to reduce food imports and develop an agri-food industry at the national level. This will specifically finance the program for the establishment...
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Cameroon’s Prime Minister inaugurates Douala Grand Mall

The project team indicates that the second phase of the project is preparing calmly and the 30 billion FCFA for its implementation have already been mobilized. It will include a...
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Gabon’s Forest and Agriculture Ministers reach an agreement to create Agricultural Zones

On December 15, the Ministry of Water and Forests, Lee-White, and his colleague in charge of Agriculture and Livestock, Biendi Maganga-Moussavou, signed two agreements for the effective start-up of five...
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Cameroon Government and SGB seal 25 billion FCFA for SME’s

The Director of this bank says that the opening of this line of credit is part of the initiative called "Grow With Africa". Its objective is to "strengthen the bank’s...
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Cameroon’s Mobile Telecom operators lose 118 billion in two years

“This crisis is resulting in huge financial losses for all players in the ICT sector. By way of example, the members of our Association alone lost 96 billion CFA in...
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Paul Biya creates company to manage Mining business in Cameroon

Its missions consist, among others, in liaison with other competent administrations and bodies, in carrying out the inventory of mining indices, conducting studies relating to the exploration and exploitation of...
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