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Gabon records consumer price increase in September 2020 – Government report

In addition, the rise in the prices of imported products in line with the 5% increase in the World Food Fund (FAO) index has also contributed to inflationary pressures. “The...
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Huge task ahead for Congo’s new Director of Land Transport

Appointed in the Council of Ministers on December 24, this young lawyer will have to continue the reforms underway for several years. These include the establishment of the road traffic...
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Publish What You Pay wants greater Government implication as Gabon prepares to rejoin EITI

"Publish What You Pay already expresses the wish that the implementation of the EITI standard once on track, its scope of application will be extended in a second step, to...
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Congolese Government plans to strengthen the Telecom sector

The supervisory authority advocates dialogue for the preservation of social peace within the company. At the same time, the Minister promises the operationalization of the Universal Postal Service Access Fund...
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Fifth phase of Cameroon – EU Partnership Agreement

The import customs duty (DDI) of the concerned products of group 2 will be reduced by 60%; the other duties and taxes remaining unchanged and the customs import duty (DDI)...
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Africa Global Factoring Network gets new Head

Holder of a master's degree in accounting and finance from the Catholic University of Central Africa in Yaoundé, “he worked for the development and implementation of factoring in West and...
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Gabon hopes to increase Petroleum exports

This increase in crude oil exports comes against a backdrop of a resumption of fragile demand, requiring "caution" in the face of uncertainties over global oil demand. It will be...
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Air Force Colonel named Managing Director of CAMAIR-Co

He is replaced by Jean Christophe Ela Nguema, Colonel of the Air Force. At the same time, Jean Claude Mauger Ayem, replaces as Chairman of the Board of Directors, Jean...
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Third COMIFAC summit to hold in 2021

Indeed, this convergence plan is a frame of reference and coordination of interventions in the conservation and sustainable management of forest ecosystems in Central Africa. After the 2005-2014 plan, a...
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Gabon debt rate explodes

After a downward trend over the period 2016-2019, Gabon's debt ratio experienced a resurgence in 2020. According to the latest "Note of analysis on Gabon's debt", Ali Bongo's country recorded...
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BDEAC collected 106.8 billion FCFA following the raising of bonds

The mobilization of subscribers was remarkable, with more than 82.4% participation for banks, 7.7% for insurance companies, 5.6% for individuals, pension funds just over 1 , 9% of the total...
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Congo adopts 2018 EITI report

Regarding the main customers, South-East Asia is the first destination of Congo's forest products, with a rate of 77% of exports, followed by the European Union (19%), North America (2%),...
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Gabon records 8.6% drop in Cement production

"This underperformance results from the negative effects of government measures to combat the spread of the coronavirus pandemic which impacted construction activity during the second quarter," the document said.
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Gabon plans to bring public debts to below 70% of PIB

According to the Ministry of the Economy, after a downward trend over the period 2016-2019, the debt ratio is again on the rise. This "debt strategy aimed at economic recovery...
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