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Economy

Douala Port Authority extends RTC’s activities at container Terminal by 3 years

“Taking note of the management constraints faced by the RTC and drawing lessons from these first six months of operation of the terminal in accordance with government guidelines, the board...
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Coronavirus hits Congo’s Shippers Council

The Chairman of the Board of Directors of the CCC, Jean Louis Osso, praised the results of the past financial year of this public company of an industrial and commercial...
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MTN Cameroon launches 10 week mission to crown 10 millionaires

The Covid-19 health crisis affects all levels of our society and has a strong impact on the most vulnerable. With the MTN Hope campaign, we are working together to bring...
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Congo to adjust 2021-2023 Budgetary Policy

The Congolese government intends to continue implementing the reforms initiated a few years ago, as part of the implementation of the agreement reached with the International Monetary Fund (IMF).
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Ali Bongo receives ECCAS envoy as Summit draws near

If the key articulations of this high level meeting remain unknown for the moment, the stake will be to take stock of the “historic” reform, adopted last December at an...
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Issa Doubragne discusses with members of the “Convergence économique” think tank

After a balanced mandate the president of the think tank “Economic Convergence”, Amir Adoudou Artine outgoing president of the CCIAMA intends to run for a second mandate. With a view...
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96% of Cameroonian Enterprises affected by Coronavirus – GICAM

According to this survey, which covers the period May / June 2020, this situation will lead to a decrease in the turnover of companies over the year, of the order...
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Hydrocarbons: rebound in oil prices restores Congo’s budget balance

Faced with these fluctuations, the Congolese government decided in April to revise its budget forecasts by half, by putting in place mechanisms to restore budgetary balances. According to the Minister...
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Clément Kemayou: A key player at the CBC

As part of the barrier measures, areas protected against bad weather have been set up in front of our branches to allow customers to wait for their turn of duty...
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Transit fees on Chad-Cameroon Pipeline fetch Cameroon more than 15 billion FCFA in Q1 of 2020

During this first part of 2020, "20.80 million barrels of crude oil passed through the Chad-Cameroon pipeline. During the same period last year, 19.86 million barrels were transported, " the...
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OPEC restrictions on Gabon may cause constraints on the country’s economy

Finally, the sudden adjustment imposed by OPEC compromises Gabon’s economic diversification efforts, even though we can see how dependence on hydrocarbons is a dangerous trap. The country is resolutely committed...
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Chadian Employers urge the Government to protect local industries

According to its President, the CNPT in no way supports the monopoly of companies, or even the pooling of interests to establish a dominant position. It is in this logic...
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BEAC injects 600 billion FCFA into financial market

Indeed, the implementation of this operation is linked to the agreements concluded with the International Monetary Fund (IMF). "To benefit from this operation, the central bank asks the States, in...
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Bertrand Mbouck named CEO of Dangote Cameroon

He joined Finnish power plant manufacturer Wärtsilä, which was setting up a subsidiary in central Africa, as area business controller. He realised, though, that to sit at the top table...
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