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Economy

About 10 BVMAC shareholders approved by Cosumaf

Among these are “the Debt Recovery Fund, Assinco SA, Bati Sarl, the Professional Insurance Company of Cameroon, but also Commercial Bank of Cameroon, Banque Atlantique du Cameroun, Financia Capital, Union...
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Ali Adji heads CCIAMA

"I am all the more satisfied to pass the baton on to a person from our obedience who served for five years together and who more or less would better...
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Drug price in Congo: There will be no increase according to AGANOR

This decree marks the entry into force of the Gabonese Conformity Assessment Program (Progec) in its second phase and is materialized by the imposition of a certificate of conformity issued...
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Chadian Government evaluates financial situation of September

Financially and despite the flood "the situation is rather acceptable but we ask that the services catch up and work better so that the month of September and the months...
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Mobile Money: merchants demand higher commissions

“It is utter desolation. Since June 2019, a unilateral reduction in commissions relating to transactions via MTN mobile money has been observed. Commissions increased from 1 to 0.7% for deposits,...
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Cameroonian Pierre Ngon to head Benin / Niger cluster of Bollore Transport & Logistics

"It is a great pride for me to join the teams of the Benin / Niger cluster of Bolloré Transport & Logistics. The employees are passionate and the challenges for...
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Gabon: Manganese production expected to fall by 1.8% in 2020

It is expected to reach 7.2 million tonnes in 2020, down 1.8% from 2019. This contraction is explained by the effects of Covid-19, characterized by a slowdown in global demand....
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Cameroon hopes to increase cocoa and coffee production as 2020 – 2021 season take off

During the ceremony, the National Cocoa and Coffee Office (ONCC) revealed that the national marketed production of the 2019-2020 season has fallen by 14,633 tonnes compared to the previous season....
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Over 1 billion FCFA to boost cassava sector in Congo

The program will call on a South-South partnership already in place with West African countries (Benin, Ivory Coast), major producers and consumers of cassava products. Established for two years, this...
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FAGACE strikes partnership with four banks to boost the financing of projects in Chad

"Since the banks are at the heart of the Fund's Guarantee implementation mechanism, bilateral meetings have taken place in particular with the BSIC, BCC, UBA, CBT, ECOBANK, ORABANK in order...
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French business magnet unveils plans to invest in Cameroon

Speaking to reporters at the end of the meeting with the Head of Government, the Duval Group boss reiterated, “We have planned investments in Yaoundé and Douala. These operations are...
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Gabonese youths urged to revive limping Cocoa and Coffee sector

“We are talking about going wherever the planters are. But above all, to bring young people back to the culture of coffee and cocoa. Because it is with them that...
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UBA registers 21% profit drop in 1st semester of 2020

Despite an increase in net banking income, United Bank for Africa had to cope with an increase in its personnel costs. A situation which seems to result from a certain...
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“EStartup Challenge”: Gabon and the World Bank put into play CFAF 300 million

The organizers are announcing an envelope of 300 million FCFA to be shared between the 10 different winners of this competition, one of the main objectives of which is "to...
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