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Transit rights on the Chad-Cameroon pipeline generated more than 36 billion FCFA for Cameroon in 2019

This information comes from the National Hydrocarbons Company (SNH). The National hydrocarbon company recently released the figures for profits made by Cameroon in the context of transit rights on the...
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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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Franc CFA reform: Changes, Statusquo and Unknowns

The French government announced on May 20, having finalized the bill ratifying the agreement signed on December 21, 2019 between France and the member countries of the West African Monetary...
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French Development Agency coughs out 6.5 billion FCFA for Covid 19 response in Cameroon

The grant contract was signed on May 18 between the Minister of the Economy, Planning and Regional Development and the French Development Agency, as part of the development and debt...
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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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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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Gabon’s Trade and Industry Bank losses 113 million FCFA to fraud stars

The International Bank for Trade and Industry of Gabon BICIG announced on May 18 that it had suffered fraudulent withdrawals by international payment cards, amounting to 113 million CFA francs....
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COMILOG unveils 655 million FCFA project to kick out Covid 19 from Gabon

The Ogooué Mining Company COMILOG intends to step up its aid to the government as part of the response to the Covid-19 in Franceville. The company presented, on May 14,...
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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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