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Economy

New Managers for Cameroon’s Chantier Naval

Failure in realizing the plan led to the dismissal in 2018 of 270 CNIC employees for economic reasons. It must be said that the company has experienced permanent discomfort for...
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Gabon records increase in Petroleum and decreased exports in Q1 of 2020

The note also points out that “conversely, crude oil exports fell 20.2% to 2.35 million metric tonnes, due to weak demand, linked to the glut of 'international offer'. Explanation: “the...
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New remuneration for Board Chairpersons in Chadian companies

Under the terms of the new decree, PCAs benefit from a salary, the terms of which are fixed by the Board of Directors of each entity. PCAs carrying out another...
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Equatorial Guinea adopts New Petroleum Regulation

“This new Regulation gives an opportunity to the Republic of Equatorial Guinea to continue being a world reference in the hydrocarbons sector. To maintain our position, we must be prepared,...
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Gabon: Tax on household waste maintained for some and not for others

Indeed, according to the modifications recently carried out in article 15 of the law n ° 047/2018 of January 30, 2019 determining the resources and the loads of the State...
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CEMAC spearheads project to electrify Gabon from Equatorial Guinea

The project is part of the objectives pursued by the countries of Central Africa to make their sub-region, "an emerging integrated space, where security, solidarity and good governance prevail for...
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Camair co lays off over 300 workers today, trade unions reject move

The decision has not gone down well with trade union leaders. The air transport unions has urged Camair-co employees to reject this technical leave. This decision was taken on June...
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Clustering in special economic zones can boost Central Africa’s creative industry, says ECA’s Pedro

“The complexity and opacity of the production and monetization chain within the creative industries in Africa makes the sector more informal and discourages investors and insurers from contributing to its...
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CEMAC and ECCAS for unique industrial and diversification agenda

“The project of developing a unique industrialization and economic diversification strategy for Central Africa is therefore godsend to enable us work together around the common value chains that will provide...
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Gabon’s OPEC bridge, not bad compared to other defaulters

On the African continent, the difference allegedly recorded in Gabon’s production in May would be tiny compared to that of other countries such as Nigeria and Angola. These two countries,...
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Memve’ele Dam to be fully operational by June 2021

The construction of the structure, on Sino-Cameroonian funds, has been completed since June 2017 but the expected energy (211 MW) of the production plant is not yet available at the...
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Cofina Gabon: 4 billion FCFA for SMEs

"I am pleased to have obtained the funding necessary to continue the growth of Cofina Gabon," Cofina Gabon Chief executive revealed.. "It will allow us to continue to meet the...
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Sasol Ltd to end activities in Gabon

Sasol's interests in petroleum include a 27.75% stake in the Etame Marin license off the coast of Gabon, operated by Vaalco Energy, and a 10% stake in a gas to...
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Chadian government empowers 86 employment promoters through ONAPE

Sadick Brahim Dicko reassured that transparency was used in the process of granting these credits by his entity. "No young person will be discriminated against for their political, ethnic, religious...
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