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According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support...

InBusiness opportunities, Economy, Featured, NEWS

BEAC envisages Economic recovery in the CEMAC zone

April 14, 2021ByLa Rédaction

Thus, for this year, the Monetary Policy Committee of the Bank of Central African States predicts, in particular, a real gross domestic product (GDP) growth rate of 1.%, against -2.1%...

InEconomy, Featured, Finance, NEWS

Credit to the Gabonese State drop by 22% in 2020

April 14, 2021ByLa Rédaction

However, year-on-year, loans granted to the private sector increased by 2.9% to CFAF 1,132.6 billion in December 2020. They represented 70.9% of total loans against 67.9% in December 2020. This...

InEconomy, Featured, Finance, NEWS

147 Congolese Enterprises to benefit from 1.3 billion FCFA

April 14, 2021ByLa Rédaction

According to the Minister of SMEs, craftsmanship and the informal sector, Yvonne Adelaide Mougany, the goal has been achieved, that of engaging entrepreneurial culture among young people and women. All...

InEconomy, Featured, Finance, Financial markets, NEWS

BEAC launches Control Operation against Illicit Capital flight

April 12, 2021ByLa Rédaction

The Bank thus hopes to get its hands on the operators who are at the origin of the current account deficit observed during fiscal year 2020. If the exact figures...

Incooperation, Economy, Featured, Finance, NEWS

G20 grants Chad Debt Moratorium

April 12, 2021ByLa Rédaction

According to Agence France Presse, to date, 46 countries out of the 73 eligible, have requested and obtained a postponement of the payment of interest, for an amount of 5.7...

InEconomy, Featured, NEWS

DRC’s Extractive sector at the heart of the country’s GDP

April 12, 2021ByLa Rédaction

In figures, this economic growth was only 1.7%, whereas it had crossed 4.4% in 2019. This low growth rate was possible with the performance recorded on the mining site in...

Incooperation, Economy, Featured, NEWS

First phase of the Yaounde Douala Motorway to be operational in November 2021

April 11, 2021ByPeter Nsoesie

On the first 40 km of the motorway, it rolls easily. All that remains is the installation of 2 toll booths. In the last section, there is grain to grind....

Incooperation, Economy, Featured, NEWS

CEMAC Commission head hails Gabon’s Log policy

April 11, 2021ByLa Rédaction

According to Prof. Daniel Ona Ondo, chairman of the Commission of the Economic and Monetary Community of Central African States (CEMAC), the measure taken by Ali Bongo banning the export...

InEconomy, Featured, Finance, NEWS

Single Payment Window earns Congolese Treasury 40 billion FCFA

April 11, 2021ByLa Rédaction

To secure and maximize state revenue, the Ministry of Finance and Budget has set up the Single Payment Window (GUP) for the collection of taxes. Within one month of operation,...

InEconomy, Featured, Invest, NEWS

Gabon’s Trade volume fall by 5.5% in 2020

April 11, 2021ByLa Rédaction

During the official first contact meeting, the new FAO resident representative wanted to reassure the Congolese side of its willingness to realise priority projects. The fight against poverty and food...

Incooperation, Economy, Featured, Invest, NEWS

Congo partners with FAO to boost Agricultural Entrepreneurship

April 9, 2021ByLa Rédaction

"We can work to make agriculture more transformative, which means not only producing but also transforming to sell the harvest on the national market. Young people deserve to be supported...

InCompanies, Economy, Featured, NEWS

BGFIBank reaps 44 billion FCFA in 2020

April 9, 2021ByLa Rédaction

Regarding the increase in the total balance sheet, BGFIBank explained that this performance results from the combined effects of the increase in outstanding customer loans in almost all subsidiaries; the...

Incooperation, Economy, Featured, Finance, NEWS

500 Million FCFA set aside for Renewable Energy in Cameroon’s Northern regions

April 9, 2021ByPeter Nsoesie

“6000 people including 1000 households will benefit from this project in the towns of Bibemi, Zina and Poli. They will be trained in the use of solar energy systems, in...