Archives des Economy - Page 74 of 91

On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states. The disbursement validated during the Board of Directors meeting...

InEconomy, Featured, NEWS

Cameroon to inject 98 billion FCFA to stimulate local industrial sector

July 15, 2020ByPeter Nsoesie

The budgetary envelope will also be used by government to strengthening the governance of artisan production units and the system for verifying and checking standards on imported and local products,...

Incooperation, Economy, Featured, Finance, NEWS

Chad’s Finance Minister lauds satisfactory execution of the Budget

July 15, 2020ByLa Rédaction

On July 10, the sub-regional bank validated a disbursement of 155 billion CFA francs for the benefit of these 4 states, reveals Financial Afrik. The disbursement validated during the Board...

Incooperation, Economy, Featured, Finance, NEWS

GIMACPAY, the converged card, mobile and transfer ecosystem now a reality

July 14, 2020ByLa Rédaction

GIMAC is announcing the commercialization of integral electronic payment services at the end of the pilot phase in which the CBC, BGFIBank Gabon, BICEC, UBA, MTN Cameroon, ORANGE Cameroon, CCEI...

Incooperation, Economy, Featured, Finance, NEWS

Two new shareholders join the capital of BDEAC as Dondra heads institution’s Governing Body

July 14, 2020ByPeter Nsoesie

Indeed, the balance sheet for the financial year 2019 shows a net profit up 32%, or more than 15 billion FCFA against 11 billion FCFA in 2018. Better still, the...

InCompanies, cooperation, Economy, Featured, NEWS

COMILOG, first company in Gabon for 2020

July 14, 2020ByLa Rédaction

t is the Ogooué Mining Company (Comilog), which achieved a turnover of 741 billion FCFA in 2018. The company led by Léod-Paul Batolo jumped nine places compared to to 2019,...

InEconomy, Featured

Chad outlines 9 strategic axes for 2030 ICT revolution

July 14, 2020ByPeter Nsoesie

The ten-year strategy aims to integrate Chad into the African and global concert of economic, technological and development competitions. The Strategic Plan for the Development of Digital and Posts in...

InEconomy, Featured, Finance, NEWS

Chad’s 30 billion FCFA youth entrepreneurship fund operational

July 13, 2020ByLa Rédaction

The government and local banks have agreed on loan mechanisms for young Chadian entrepreneurs. "Young project leaders will now be able to benefit from more flexibility and access to finance...

Incooperation, Economy, Featured, NEWS

Covid-19: Africa’s economic growth estimated at 3% in 2021

July 13, 2020ByLa Rédaction

Hanan Morsy, Director of the AfDB's Macroeconomic Policy, Forecasting and Research Department, says the Africa Economic Outlook 2020 Supplement shows that for the first time in half a century, Africa...

Incooperation, Economy, Featured, Finance, NEWS

African Energy Chamber Salutes BEAC’s Authorization to Open Foreign Currency-labelled Escrow Accounts

July 13, 2020ByPeter Nsoesie

“We applaud the BEAC for listening to the private sector concerns and for adopting a pragmatic approach to foreign currency regulations in the wake of the ongoing crisis caused by...

InCEO, cooperation, Economy, Featured, NEWS

Jules Ngankam named Head of African Guarantee Fund

July 12, 2020ByPeter Nsoesie

About his career, Jules Ngankam has "more than 15 years of experience in the field of banking and financial services within leading financial institutions", writes our colleague. Before joining the...

InEconomy, Featured, Finance, NEWS

BDEAC to assist in the realization of Congo’s Economic programme

July 12, 2020ByLa Rédaction

The members of the Board of Directors also discussed the financial situation of the bank in the context of a health crisis due to the coronavirus. "The BDEAC is doing...

Incooperation, Economy, Featured, NEWS

BMN showcases promising opportunities in Cameroon’s Beverage, Meat and Fish sectors

July 11, 2020ByPeter Nsoesie

The commissioning of strategic positioning studies for these sectors follows a goal: to give companies the keys to understanding and mastering the opportunities offered by this space. "This will allow...

InEconomy, Featured, NEWS

BEAC report reveals a 14.9% drop in CEMAC exports

July 11, 2020ByPeter Nsoesie

"A sharp drop, especially since the previous quarter, exports had increased by 2.1%, oil has contributed more than 88.3% to the overall evolution, while the contribution of agricultural products was...