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Economy

Baba Danpulo on the driving seat of Francophone Africa’s Economy

The 60-year-old left school very early to devote himself to business and today he is the richest personality in his country. He very rarely leaves his agricultural estate of 5000...
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Central African Experts to reflect on Food security

“The meeting will be organized around four thematic sessions, preceded by a high-level session marked by a discussion of the United Nations world summit on food systems and the priorities...
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Cameroon’s Trade Minister gives premiums worth over 700 million FCFA to farmers

This premium, decided by the Head of State Paul Biya, rewards producers who take the trouble to produce good quality cocoa (grade 1 beans). In his speech in Biakwa, inform...
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Gabon’s Energy Taskforce pledges to strengthen Gaz sector

The Task Force aims to be inclusive because it is a question of setting up a partnership between the private sector, the Gabonese administrations and international donors with a view...
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SGTP gets a renewed Licence to exploit mines

Last February, faced with the fears expressed by officials and employees of SGTP Mines who feared to suffer a long period of unemployment without pay, the Director General of Mines...
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13 billion FCFA budgeted for CAB Project

This is the completion of several projects that experienced disruptions last year due to the Covid-19 pandemic, among others, the construction work of the Congo-Cameroon and Congo-Congo fibre optic interconnection...
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Gabon envisages a 3.4% increase in Electricity supply by 2026

The document states that the hydropower sector is expected to dominate the market in Gabon. In 2018, the country produced 1,103.5 GWh of electricity from hydropower plants. However, the country...
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Congolese business magnet Katumbi embraces Agriculture, invests $20 million

Mashamba is also a flour mill that collects the harvested corn, then grinds it and packaging it in 25 kg flour sacks. Mashamba flour is consumed in the Katanga area...
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Cameroon’s Lom Pangar Dam nearing completion

The level of execution of the site is estimated at 45%. Théodore Nsangou reassures that the construction of the 90 kilovolt high voltage transmission line that will leave Lom-Pangar for...
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SODECOTON to construct 25 billion FCFA Oil mill

This project will be implemented in the locality of Tchabal, in the Adamawa region. The Cotton Development Company (SODECOTON) will build a new oil mill in the town of Ngaoundéré,...
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AfDB to assist African countries to combat climate change

Indeed, for several years, the African continent has been regularly affected by cyclones, floods and other droughts. "The countries in difficulty are also the states most vulnerable to climate change,...
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Congo’s President and BEAC Governor discuss PREF-CEMAC reforms

Abbas Mahamat Tolli praised the dynamics of the Congolese financial market, because in a few months of activity the public treasury was able to mobilize around 812 billion CFA francs....
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Cameroon and France renew C2D Deal

According to the explanations of the Minister of Finance, Louis Paul Motaze, Cameroon seized the opportunity of the moratorium decided by the members of the G20 relative to the repayment...
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SCG-Re envisages stronghold in the Central African Sub-region

Through this deployment, the Gabonese reinsurer is banking on its regional proximity to strengthen its presence in Central Africa. The objective, according to its managing director, is to perpetuate the...
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