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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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Cameroon Government include banks in the collection of Covid-19 response funds

The Government of Cameroon will in the days ahead involve banks in the collection of funds for the fight against coronavirus.  These banks which are yet to be made public...
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Public transport bound vehicles in Cameroon to have 5% custom exoneration

Cameroon’s Finance Minister, Louis Paul Motaze has set the term for the application of a measure to reduce custom tarrif by 5% for imported vehicles intended for public transport. The...
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“In 5 years, Cameroon’s public debt rises to 67.2% of GDP” – MINFI

The public debt and guarantees of Cameroon stood at about 8424 billion FCFA by December 2019. The Ministry of Finance who published the report also reveals the amount represented at...
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State of Cameroon plans to buy TOTAL’s shares at SONARA

The Commission on Public Establishments in Cameroon CTR has revealed that the State has the ambition to buy the shares of Total Outre-mer within the National Oil Refinery company SONARA....
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Despite performance drop, TOTAL Gabon sticks to high dividend share

The TOTAL Gabon Board of Directors has proposed that a dividend of $ 11 per share be distributed on behalf of the 2019 financial year, representing a total remuneration of...
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