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Economy

ACONOQ adopts sanitary referral for Congo’s Hotel and Catering sector

According to the general manager of ACONOQ, Jean Jacques Ngoko Mouyabi, the health benchmark is part of the fight against the spread of the coronavirus in connection with the barrier...
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New BEAC currency regulation could hamper Gabon’s investment plans

Businesses would, therefore, have to exchange their dollar-denominated income for francs, which would incur exchange costs and expose them to currency fluctuations. In addition, since the financing of oil companies...
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Congo’s General Tax Code prescribes need to introduce tax incentives for investment

The first results of the work are satisfactory ten days after the start of the work in committees, estimated the Director General of taxes and estates, Ludovic Itoua. “The tax...
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Cameroon’s Ministry of SME’s reaches deal with private outing to guide youths with projects

According to the Minister, the objectives of this contract are: to define the terms of the partnership between the parties, with a view to the design and implementation of entrepreneurial...
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TOTAL Gabon sell oil wells to Perenco

Perenco will pay between $ 290 million and $ 350 million (over CFA 162 and 195 billion), depending on future Brent prices. However, nothing has been decided yet as the...
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ECCAS States hail revised Treaty, unveil Commissions

President Bongo called on leaders of the sub region to be gladdened by the consensual spirit that prevailed in the choice of members of the Commission. He added that “the...
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SNH gives positive balance sheet of 40-year existence

According to Adolphe Moudiki, during the 40 years of its existence, the structure which he directs today has also contributed to numerous projects: “SNH has successfully led innovative projects of...
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Congo validates National Investment Programme

Opening the proceedings, the chief of staff of the Minister of Planning, Statistics and Regional Integration, Ferdinand Sosthène Likouala, recalled that the PND 2018-2022 is built around three strategic axes....
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Gabon leans towards Biofuel to promote Economic diversification

"Our economy can only be resilient if we diversify the sources of our income," said the Minister of the Economy. "And we have identified biofuel production projects in Gabon, a...
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Chad seals 36 billion FCFA deal with AfDB to mitigate Covid 19 shocks

For Issa DOUBRAGNE, Minister of Economy, Development Planning and International Cooperation, these donations, which are added to the panoply of donations made by the ADB group, testify to the excellence...
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Cyber-criminality: Congo wants to adapt its legislation to international standards

his kind of exchange should, in fact, allow the Congolese side to strengthen its legislative system; to promote coherent legislation, policies and strategies on cybercrime; strengthen the capacity of law...
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TOTAL Gabon reaffirms commitment to increase production

“The situation of Total Gabon is strongly marked by the Covid-19 pandemic. The work we have today at Total Gabon, there are two main priorities. The first is to protect...
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Congo’s Economic, Social and Environmental Council begin reflections to revive Covid 19 hit economy

Faced with the economic crisis with increasingly limited public resources, the ESEC calls on the political authorities to rectify the situation. "This shock should allow us to enter a new...
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Chad’s Transport sector hit by Coronavirus

In a disaggregated manner, the minibuses which provide urban transport recorded a monthly loss estimated at 25.4 million FCFA. As for urban transport provided by taxis, the monthly losses are...
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