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Economy

SNH open talks with Russian and British gas giants to scale up production in Cameroon

Cameroon-Cameroon’s National Hydrocarbons Corp., or SNH, and its partner Perenco Cameroon have started talks with Russia’s Gazprom and Britain’s Golar to increase production of liquefied natural gas. LNG production is...
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World Bank dishes out $346 million for development projects in Chad

The World Bank Group approved through the International Development Association (IDA), its institution dedicated to poor countries, a total funding of $ 346 million for two development projects aimed at...
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Chemical labeling of petroleum products earns Cameroon $66 million annually since 2012

The Hydrocarbons, analyzes and controls Unit (Hydrac) has taken stock of the fallout from the chemical marking of petroleum products, implemented in Cameroon since 2012. “We can cite the reduction...
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Post Covid-19: Global Leaders at UBA Africa Day Conversations Pursue Economic Recovery

Global leaders at the second edition of United Bank for Africa (UBA) African Day Conversations, have emphasised the need for meaningful collaborations betweengovernments and the private sector as a panacea...
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Africa Regional Integration Index underlines integration as key to building more resilient economies

The second Africa Regional Integration Index (ARII 2019) was launched Friday by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), with a...
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Cocoa and Coffee farmers in Gabon reassured of good prices despite Coronavirus shocks

The Stabilization and Equalization Fund CAISTAB has assured that the purchase price of coffee and cocoa will remain at a decent price after the Covid-19 crisis. Good insurance for planters,...
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Gabon launches study to mitigate economic shocks of Coronavirus

The Ministry of the Economy has just launched a telephone survey to measure the impact of Covid-19 on business activities and household living conditions. In the short term, this study...
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About 90.000 tonnes of palm oil to be imported in Cameroon this year, as CS ALID SARL unveils plans to increase local production

Though affected by the Coronavirus crisis, producers of refined vegetable oils and soap in Cameroon are  already  preparing for the post-health crisis. The operators will import 90,000 tonnes of crude...
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Elumelu says Covid-19 Presents Opportunity to Reset Africa

The founder of the UBA Group advocates a kind of Marshall Plan which will ease the debt burden and give priority to young people through the increased support for the...
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Chadian government receives young entrepreneurs

The group  of incubators and support platforms for young entrepreneurs, Ecosystem, was received this Wednesday by the Minister of Trade, Industry and Promotion of the Private Sector, Ms. Achta Djibrine...
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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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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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