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Economy

Christophe Eken begins 4th term at Cameroon’s Chamber of Commerce, Mines, Industries and Craft

Economic operator, promoter of projects in the cassava processing sector, Christophe Eken thus begins his 4th consecutive mandate at the head of CCIMA after elections were held last month.
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Congo strengthens commitment to develop Digital Economy

"This strategy is reinforced by the decrees setting the terms of management of the fund for access and universal service of electronic communications and aims to offer the public throughout...
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Chadian Government discuss with actors of the Livestock sector

Ahmat Mahamat Bachir conveyed to entrepreneurs that the livestock sector is open and promising for those who want to invest in it. "I am even ready to give you the...
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CEMAC in search of 2400 billion FCFA for sub regional integration

From twelve projects initially for an investment estimated at 2820 billion FCFA, the Steering Committee (Copil) of Pref-Cemac has revised its ambitions downwards, thus reducing the number of these projects...
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Chevron’s entry into Equatorial Guinea and Cameroon could be a Turning Point for Central Africa’s Gas Industry

Chevron is indeed a true gas player in the African market. In Nigeria, it has been leading natural gas commercialization efforts for decades through its Escravos projects targeting the monetization...
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Congo and IMF wrap up a deal for the transfer of funds

“The outcome of the discussions with the IMF is favorable to the disbursement of the second tranche of financing and perhaps the lifting of the others. hanging files. In fact,...
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Gabon’s Mine School sets road-map for operations with Government

"Before this Council, it was a question of making the tour of the owner, that we understand the stakes given that the school takes a sub-regional vocation. There are both...
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CEMAC: 5.49% increase in Treasury securities issues in the first quarter of 2020

“During this quarter, the Public Treasuries of Gabon, Chad and Cameroon were the most active on the market, with issues representing respectively 33.43%, 19.89% and 19.42% of the total. resources...
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2020 World Bank – IMF Annual meetings: African Caucus in concertation

For Alamine Ousmane Mey, President of the 2020 African Caucus of the World Bank Group and the IMF, “hosting the African Caucus meeting on Covid-19 confirms the commitment of African...
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Central African States to fine-tune second round of programs with the IMF

This draft emergency plan contains three categories of measures: the first is structurally linked to the economic and financial reforms underway. The second category concerns the production impetus that the...
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UEAC member states meet to roll back COVID 19 Economic shocks

Although one can not yet determine the duration of this health crisis, GDP in the CEMAC zone is expected to contract by around 4 to 6%. Such a development would...
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United Bank for Africa Provides $200 Million for Nigeria’s Petroleum Industry – Timely Financing for Post COVID Economic Growth

Both facilities will be repaid from an allocation of 30,000 barrels per day of NPDC’s crude oil. UBA has a strong track record in the resources sector across Africa, having...
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Cameroon reaps more than 40 billion FCFA from cleaning State payroll

The most recent result of the process of cleaning up the state file is "the abolition of the technical premium paid twice to certain health workers. An irregularity which led...
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Chadian Government adopts amended 2020 Finance bill

According to the report of the Extraordinary Council of Ministers, the amending finance law is intended to be realistic and aims to provide adapted but strong responses to the socio-economic,...
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