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Hotel Group “La Falaise” suspends operations in Douala due to Covid-19

After dismissing some of its staff, the La Falaise Hotel group has finally closed its three hotels located in the Akwa, Bonanjo and Bonapriso neighbourhoods in Cameroon’s economic hub Douala....
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“No contamination of our products” – SOBRAGA

The Société des Brasseries du Gabon SOBRAGA  has announced that her products are Covid 19 free, emphasing that all measures have been taken to avoid any contagious infection within the...
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Commercial Banks in Cameroon refuse loans to SME’s due to covid-19.

Following the outbreak of the coronavirus in Cameroon, Commercial banks in the country have decided to stop receiving credit application files from individuals: especially those working in the private sector,...
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Chad requests $115 million to resolve economic challenges from covid-19

At the request of the Chadian authorities, the Board of Directors of the International Monetary Fund (IMF) will make available to the country $ 115 million to meet urgent budget...
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Cameroon turns to BEAC’s financial market to raise funds for key projects

Investors active in the public securities market of the Bank of Central African States have been invited to subscribe to an issue of assimilable Treasury Bonds. (OTA)  of the Cameroon...
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BEAC resumes the injection of funds to assist Banks navigate through Covid 19

The Bank of Central African States BEAC has begun injecting a 250 billion FCFA  liquidity into the banking system of the CEMAC sub-region.This means that, banks in the zone will...
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Congolese Authorities set up joint Natural Resource management platform for ETIC

A  new platform has just been launched for the management of natural resources in the Espace Tridom Interzone Congo (ETIC). This platform will involve local communities and indigenous people in...
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Covid 19: Drop in Car imports from Nigeria to Cameroon slumps customs revenue in the North region

Trade between the North of Cameroon and Nigeria has drastically dropped following the closure of the border by government to contain the spread of the coronavirus.  The closure of the...
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Cameroon seals agreements with AfDB to strengthen Electricity connection and Aquaculture with Chad

The Minister of Economy, Planning and Regional Development has sealed three loan deals with the African Development Bank to finance some priority projects in the country. Alamine Ousmane Mey who...
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Covid-19: Government warns against propagation of fake news

The National Agency for Information and Communication Technologies (ANTIC) has warned against the spread of false news and recalls the sanctions incurred by offenders. “Avoid publishing or sharing unverified information...
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Cameroon’s major Business fair “FIAC-Pm EXCHANGE” postponed due to Coronavirus scare

Originally scheduled from April 4 to 19, 2020, the Douala International Business and Trade Fair (FIAC), under the label “FIAC-PmExchange 2020”, was postponed because of the Covid-19. But it could...
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French startup Heetch leaves Cameroon following Covid-19 threat

Threatened directly by the Covid-19 from French soil, Heetch the French VTC application has decided to suspend its operations in Cameroon. This is contained in a recent statement made public....
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Equatorial Guinea strengthens internet connectivity to curb Covid-19

The agency incharge of the management of Telecommunication Infrastructure GITGE plans to strengthens internet connectivity in the country, a move intended to curb the spread of Covid-19. Provision has been...
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Covid-19 accelerates Gabon’s new inter-urban transport company Trans’Urb

Gabon’s Transport Minister Léon Armel Bounda Balonzi has launched the activities of Trans’Urb, the public bus company that will facilitate transportation of people in major cities of the country. The...
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