Bitcoin
92,708
Bitcoin
$ 105,692
Bitcoin
92,708

Economy

Chad launches project to revolutionize ICT

The project is in fact divided into 3 components and will aim, among other things, to implement 200 GSM relay antennas throughout the national territory; deploy a fibre-optic network over...
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UBA Cameroon and Moneygram in a fruitful partnership

UBA and Moneygram use a high-level web application which permits clients to have their money a few minutes after the request is made. Consequently, transfers could be made to a...
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Gabon’s Rubber industry in good shape in Q1 of 2020 despite drop in exports and workforce

Exports of rubber, however, fell 17.5% to 2,609 tonnes, due to the unfavourable global context, which led to a 2.7% decline in turnover to 15 2.3 billion CFA francs.
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Congo – Cameroon Optic fibre interconnection project at a satisfactory pace

"We did a two-kilometre test phase, which involved opening the trenches. This phase allows the project to have a clear idea of ​​how the HDPE and the fibre of the...
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Chadian Customs acquire imagery platform to boost revenue security

Thanks to its technology which meets the international standards recommended by the World Customs Organization and its technical and financial partners, this platform is capable of "scanning in 3 minutes,...
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Gabon returns to the EITI, stakeholders propose priority action areas

The appointment of the Permanent Technical Secretary must follow an open call for applications to ensure that the best candidates are recruited. This, they say, given the high level of...
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Debt Moratorium from Paris Club brings hope to Congo

“The postponement or the possibility of not paying this debt to the Paris Club (in the period from May to December 2020) represents approximately 130 billion. The Paris Club asked...
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Tower Resources extends deadline for Thali block share sale

Tower Resources hopes to obtain $ 7.5 million upon completion of the divestment and evidence of financial capacity for another $ 15 million settlement, including funds the operator estimates it...
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MTN Group names Stephen Blewett to oversee operations in Cameroon

“I would like to congratulate Stephen and Uche on their appointments,” said MTN Group President and CEO Rob Shuter. “Both are renowned for harnessing the power of people to move...
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66 billion FCFA from the AfDB to enable Gabon mitigate the effects of Coronavirus

“The response focuses on controlling the spread of the virus, increasing public resources allocated to the health sector and strengthening the resilience of the most vulnerable communities, as well as...
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Chad to create Chamber of Women Entrepreneurship

The National Chamber of Women’s Entrepreneurship is about making women and girls in Chad more entrepreneurial. It is a framework that will train, mentor and orient women because many are...
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Cameroon unveils 2021-2023 Economic and Budget programme amid severe economic shocks

The Government is mapping out the 2021-2023 plan when the National Development Strategy 2020-2030, has still not been published. Experts believe the document must synthesize the next axes of development...
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Small scale business in N’Djamena loose 6 billion FCFA to Covid 19

This loss assessed by the chamber of commerce only concerns small shops and services in the country. It could considerably increase with the accumulation of those of large companies. The...
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Coronavirus grips Congo Brazza’s economy, several sectors touched

A strong economic recession with a negative growth rate of between 10% and 7%, a sharp increase in unemployment, through the loss of jobs, especially in the formal sector, a...
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