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Garoua to host Cotton Industrial complex

Apart from the actual factory, this industrial complex will consist of other infrastructures such as the infirmary, the housing of ones, warehouses and various social works. GOUNNA, this large agricultural...
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Cameroon dangles under EITI axe

A decision has been made after reviewing the circumstances surrounding the demand for extension and the impact of the CVIV-19 pandemic on the implementation of the EITI. "The new period...
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Chad rejects report it plans to sell its shares of the Chad-Cameroon pipeline to Cameroon

According to Ibrahim Mahamat Djamous, "there has never been any partial repurchase of Chadian assets on the Chad-Cameroon export pipeline with SNH". Also, that "no cabinet has been mandated by...
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Congo to preside over BDEAC

“Thanks to the reforms that took place at BDEAC in 2019, the presidency of the General Assembly and of the Board of Directors is now rotating. This year, it is...
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DRC Economy registers 1.7% drop in 2020

In addition, the twenty-page report pays particular attention to the foreign trade situation in the sub-region. This shows that France has a weak presence in the country, for example, a...
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Gabon reviews ambitions for Housing scheme

The government is also considering a minimum readjustment of the initial design of the “Bais des Rois” project, delimited in a 40-hectare area supposed to accommodate a 200-berth marina, 205,000...
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BDEAC and European Investment Bank strengthen cooperation

Indeed, the BDEAC and the EIB have enjoyed excellent relations in the economic fields for a very long time. To do this, the two institutions plan to sign a financing...
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Chad renews partnership with UNDP

For his part, Minister Issa Doubragne declared that they reaffirmed during the interview, "the priorities of the Chadian government, both in the support for the preparations for the next National...
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Leasing: an innovative financing method for Congolese companies

This investment, which is still little known in the Republic of the Congo, concerns movable or immovable property, in particular professional equipment and tools such as construction equipment, computer equipment,...
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ARISE is becomes shareholder of AREA Group

This investment, which is still little known in the Republic of the Congo, concerns movable or immovable property, in particular professional equipment and tools such as construction equipment, computer equipment,...
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Chinese company CICMHZ cedes 10% of its capital to Gabon

According to the Minister in charge of Mines, Vincent de Paul Massassa, the Chinese company undertakes de facto to cede 10% of its capital to the State free of charge....
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FEC makes proposals to DR Congo Government

Albert Yuma was keen to enlighten public opinion because this is a symbolic meeting. "We told him, 'It was a wonderful innovation to involve the FEC in the consultations," "he...
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13 Congolese companies to inject 747 billion FCFA into the Economy

For the president of the National Investment Commission, Jean Raymond Dirat, this is an opportunity to be seized, at a time when the country is suffering a deep economic crisis....
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Vaalco completes the acquisition of Sasol’s stake in Etame Marin

Under the terms of the agreement, a conditional payment of $ 5 million will be payable to Sasol by Vaalco if the price of Brent oil is on average above...
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