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Bitcoin
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Bitcoin
95,932

Economy

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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Alain Nkontchou named Board chairman of Ecobank Group

"I am more confident and confident that my successor to the post of President, Mr. Alain Nkontchou will continue to lead the Board of Directors in his journey towards leadership,"...
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Gabonese local companies accuse the government of bias contract awards

In a letter sent on June 20 to Bogdan Sgarcitu, the Director General of ANGTI, the boss of Faco Construction indeed mentions "negligence and illegal practices and not in accordance...
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Cameroon and Nigeria to construct a bridge over the Cross River

The specific objective assigned to the consultant who will be selected is to examine the design of the new bridge, in order to check its adequacy and effectiveness.
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Congolese government to foster digital platform through 1Rivet support

For the minister, who sees digitization as an efficiency opportunity that will bring additional revenue to the government, "we cannot have platforms dotted around each department." Léon Juste Ibombo said...
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Chad seals 54 billion FCFA accord to improve electricity supply

According to the Minister of Economy and Development Planning, Issa Doubragne, the Cameroon-Chad interconnection line is one of the flagship projects selected in the energy master plan of the CEMAC...
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Emmanuel Neossi, poised to conquer Africa’s promising business terrain

The NEO Industry Group CEO has also partnered with a French Real Estate and Consultancy company CIOA and now holds 51% shares of the new merger specialized in low-cost housing...
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