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Economy

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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Chad records increase in non-oil tax revenues and private sector investments during the 2018-2019 period, with the support of the African Development Bank

“The disruptions in international trade and the drop in demand for oil and other raw materials, coupled with restrictive internal measures to prevent and protect against the pandemic, have led...
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Cameroonian raises 1.3 billion FCFA to develop his start-up Healthlane

The particularity of the application is that it combines remote medical services and those in the field. This combination brings together a wide variety of customers including individuals, doctors, pharmacists...
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Government and experts to outline a rural development strategy in Cameroon

Gabriel Mbairobe, the Minister of Agriculture and Rural Development, explains that: "with a view to the emergence of 2035, there was a first phase which was supported by the strategy...
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COVID 19 response in Gabon affects Economic growth – UNDP

"These mitigation measures have made it possible to lessen the negative effects of Covid-19 on household well-being and on economic growth and have complemented those taken at the end of...
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The United Nations to accompany Congo to counter COVID 19 economic shocks

"Through this plan, the UNS renews its commitment to be a key partner of the government, capable of federating strategic partnerships for an inclusive and sustainable response to the current...
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