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Economy

Chad’s Technical and financial partners mobilized against Coronavirus

The Minister of Economy and Development Planning, Issa Doubragne has  exchanged with some representatives of the agencies of the United Nations system in Chad as well as heads of banking...
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Cameroon raises over 3000 billion FCFA in 10 years for infrastructural projects

The public treasury in Cameroon has mobilizes 3,122.75 billion FCFA  in 10 years. Road infrastructure and engineering structures, water and energy, construction and rehabilitation of sports infrastructure are the sectors...
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Covid-19 triggers 10% loss monthly revenue in Cameroon

The statistics have been revealed by the Maritime Delivery Agency taken up by Alphaliner, the world reference in online navigation. In its traditional newsletter, Alphaliner (currently considered the global benchmark...
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Cameroon Postal Service CAMPOST to launch E-Commerce platform soon

The invitation to tender is limited to six consultants whose files were expected on April 8, 2020. At the end of the selection, the best will be selected to support...
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Orange Cameroon wins best mobile internet performance in 2019

In 2019, Orange Cameroon provided the best performance of mobile internet in Cameroon. This is evident from the annual report by the global observer of the assessment of mobile networks...
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Gabon shuts down physical counters to stop Covid 19 spread

As part of the support measures for economic operators, to mitigate the effects of the coronavirus, physical counters have been temporarily closed at the Gabonese Ministry of the Economy. These...
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BEAC prescribes electronic payment mechanisms to curb spread of covid-19

The Bank of Central African States BEAC is very concerned about the well-being of the populations of the member countries of the Economic and Monetary Community of Central Africa CEMAC,...
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Idriss Deby Itno promises to settle Chad’s internal Debts

The debts owed to state suppliers, in accordance with the plan to settle the internal debt adopted by the Government, will be paid “as soon as possible.” Chadian President Idriss...
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Oil explorer VAALCO makes ground breaking achievement in first Quarter of 2020

Vaalco company has announced a production of 4,944 barrels per day  in the 1st quarter of 2020, boasting that it not affected by the Coronavirus crisis. The American company has...
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Cameroon’s Foreign Trade Operations Window GUCE reviews work strategy to deal with covid-19

In the context of the Covid-19 pandemic, the Single Window for Foreign Trade Operations (GUCE) has reviewed its operation. In consultation with foreign trade players, the company has, over the...
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Islamic Development Bank churns out 64 billion FCFA to support Cotton production in Cameroon

Ninety eight million euros, or 64.3 billion FCFA is the amount of the loan agreement signed between the Minister of the Economy, Planning and Regional Development, Alamine Ousmane Mey, and...
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Cameroon government to hand over 1500 tonnes of Agricultural seeds to farmers for 2020 Farming season

In a social context marked by the global health crisis due to Covid-19, the socio-political crisis in the North-West and South-West regions and cash flow tensions affecting the capacity to...
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Framework for “Transgabonaise” highway outlined, project to commence soon

The rehabilitation of the “Transgabonaise”, the longest road in Gabon, will be accelerated. The Council of Ministers have met this week to examine and approve the draft decree approving the...
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Congo issues permits for potash exploitation

Congolese authorities have issued two environmental permits to Kore Potash to mine the Dougou and Kola deposits at its Sintoukola potash project. The mining company now has the necessary authorizations...
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