“I came to congratulate the Minister of Finance for the approval by the board of directors of the International Monetary Fund (IMF) of the Rapid Credit Facility program which includes...Read More
The Board of Directors of the International Monetary Fund will rule on Cameroon’s request for financial assistance on April 28, 2020. The Central African country has been hit hard by...Read More
Cameroon is the most affected country in the CEMAC sub region by the covid-19 with over 1,500 cases so far,. However, it will be the least impacted macroeconomically. Solomane Konén,...Read More
The World Bank approved $11.3 million in financing from the International Development Association (IDA)* to help the Republic of the Congo fight COVID-19 (coronavirus) and respond to public health emergencies....Read More
Cameroon plans to launch electricity interconnection with Nigeria, from the Nachtigal hydroelectric plant (420 MW), located 65 km Northeast of Yaoundé, through Bafoussam, the West regional capital. The Minister of...Read More
Chadian Head of State Idriss Deby Itno has lashed out at the National Electricity Company SNE for not providing electricity to the population despite measures taken to accompany the enterprise....Read More
According to Boursier.com, the Maurel & Prom Group’s production in the first quarter of 2020 amounted to 28,916 boe / day, up 1% compared to the fourth quarter of 2019...Read More
The African Development Bank (AfDB) has just allocated about 313 million Euros to Cameroon. More than three quarters of this loan is intended to finance two projects relating respectively to...Read More
Dealing with the health and economic challenges of COVID-19 has made one point abundantly clear for African countries – “that we need broadband, faster, cheaper, and expanded to the last mile...Read More
The Ministry of Economy and Finance announces the effectiveness of emergency financing measures for corporate treasury and the moratorium on their bank loan terms, promised by President Ali Bongo during...Read More
The French Development Agency (AFD) has just mobilized more than 3.2 billion francs to help Gabon in its fight against the Coronavirus. These funds are part of the Health Sector...Read More
The Executive Board of the International Monetary Fund (IMF) approved, on April 20, an emergency disbursement in the amount of 27.85 million special drawing rights, the equivalent of approximately $...Read More
The Ministry of Mines and Hydrocarbons and the African Energy Chamber will host an open webinar on the current state of the global oil markets; Gabriel Mbaga Obiang Lima, Minister...Read More
The National Center for Studies and Experimentation in Agricultural Machinery (CENEEMA) has voted a budget of 5 billion FCFA, allocated for her projects in the biennial 2020-2022. This was during...Read More
