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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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Gabon budgets 967 million FCFA to assist foreign nationals affected by covid- 19

Gabonese abroad have not been forgotten in the respond plan  and economic and social support against the spread of the Coronavirus (Covid-19) presented by Prime Minister Julien Nkoghe Bekale. 967...
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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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MTN Cameroon offers free access to 30 online education sites for home bound learners

The South African telecoms operator intends to contribute to education in Cameroon, after the closure of schools, caused by the pandemic. Government suspended learning establishments across the country with many...
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Cameroonian start-up House Innovation creates a self-diagnostic application for Coronavirus

Louis-Ekani, CEO House-Innovation If the Cameroonian authorities give their agreement, the “SOS-Covid” mobile application from the Cameroonian start-up House Innovation could be used in the fight against the Covid-19 pandemic....
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Chadian Employers donate 45 million FCFA to government for covid-19

The Chadian employers have released 30 million CFA francs for the Special Fund for the fight against the pandemic of Covid-19 while the company RJM Aviation has released 15 million...
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CAR renews restrictive measures to tackle coronavirus

After observing the development of the epidemic of the new coronavirus in the Central African Republic (CAR), the government renewed the preventive measures decided on in March. According to an...
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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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First round of Three Treasury Bond series earns Cameroon 71 billion FCFA

Cameroon has raised 71 billion FCFA at the end of a 5-year fungible Treasury bonds issuance (T-bonds) operation on April 8, 2020. Investors we are told offered up to 75...
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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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UNDP pledges support to the CAR over covid-19 response

The Central African Republic Minister of Finance and Budget Henri-Marie has exchanged  with the resident representative of the United Nations Development Program (UNDP) in the Central African Republic Nathalie Boucly....
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US think-tank says Congo’s difficult economic situation poses a major challenge for BEAC

The economic situation in the Republic of Congo will be a challenge for the Bank of Central African States (BEAC) in 2020, in the light of the latest analysis provided...
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