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Economy

EOGSEZ 6.5% Gross 2018-2028 Bond loan: Subscribers to be paid soon

Gabon Special Economic Zone (GSEZ) will proceed on June 15, 2020, to the payment of interest on its bond loan issued in 2018 called “EOGSEZ 6.5% gross 2018-2028”, for an...
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Gabon’s government plans to reorganize Civil Engineering corps

In order to regulate one of the most important functions contributing to the implementation of its infrastructure projects, the government plans to soon carry on the baptismal font a Gabonese...
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ANINF develops E-platform for civil servants in Gabon

The National Agency for Digital Infrastructures and Frequencies ANINF is making a major step thanks to the solutions provided by digital, towards the modernization of public administration. It has just...
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Oil and Gas production in Gabon and Equatorial Guinea could be severely impacted if Oil personnel movement is not flexible

The African Energy Chamber is urging all stakeholders to put the safety of oil workers and the ability of oil companies to continue operating at the top of industry priorities....
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Cameroon Government seals deal with French group to construct 14 automated toll gates

The contract was signed on May 18 between the Minister of Public Works of Cameroon and the Director General of the Fayat Group in Paris. 300 is the number of...
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World Bank approves 5 billion FCFA for Covid 19 response in Gabon

The World Bank approved on May 19 a loan of $ 9 million, or nearly 5.397 billion CFA francs, from the International Bank for Reconstruction and Development (IBRD) to strengthen...
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The Development of Equatorial Guinea’s Mining Industry will give a Boost to Economic Diversification and Jobs Creation

Recent developments coming from Equatorial Guinea on the development of its mining and minerals industry are extremely positive and need to be welcomed and applauded. As the demand for key...
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GICAM mutualizes efforts with five workers Trade Unions in preserve jobs in Cameroon

The objective is to pool thoughts, initiatives and other actions in favor of employment and enterprise. Faced with the negative impacts of Covid-19 in companies, the Inter-Employers  Group of Cameroon...
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New boss at Gabon’s ARTF promises far reaching reforms in the railway sector

The new Executive Secretary of Gabon’s  Rail Transport Regulatory Agency (ARTF) took office on May 16. If he is committed to continuing the projects initiated by Karine Arissani, Prosper Ekomesse...
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Gabon records milestone wood export to China

Despite the Covid-19 pandemic in the country, the Minister in charge of Forests attended, on May 19 at the Port of Owendo, the largest load in the history of Gabon...
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Poultry farmers in Cameroon loss 7 billion FCFA to Covid-19

The estimate has been released by the West and North West branches of the Cameroon Poultry Interprofession  Association. The Cameroon Poultry Interprofession (IPAVIC) is suffering the full brunt of the...
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Equatorial Guinea Announces Compliance with OPEC Production Cuts Obligations

Equatorial Guinea has announced that it is fully complying with its production cuts obligations under the record OPEC++ global oil cuts deal reached in April 2020 and which took effect...
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JCDecaux wins Advertising concession at Libreville airport

The subsidiary of the French industrial group specializing in Urban advertising, JCDecaux Gabon, has won the contract for the exclusive advertising operation of Libreville International Airport. CDecaux Gabon has obtained...
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Cameroon Investment Promotion Agency signs agreements with four private companies worth 24 billion FCFA

The sectors concerned are wood, food, chemical industry and manufacturing. On May 14, 2020 in Yaoundé, in order to develop the industrial fabric of the country, the Promotion and Investment...
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