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A banker-financial expert by training and by profession, Alphonse Nafack is one of the best-known faces of the Cameroonian financial landscape. Its name is practically the trademark of Afriland First...

InEconomy, Featured, NEWS

Congo’s railway outfit CFCO to undergo reforms

December 29, 2020ByLa Rédaction

To compensate in particular for the deficit of cars and traction units, the Minister in charge of Transport, Ingrid Olga Ghislaine Ebouka-Babackas, announced on December 8 the upcoming arrival of...

InEconomy, Featured, NEWS

CEMAC countries under the weight of COVID – 19

December 28, 2020ByLa Rédaction

"This favourable development reflects the rebound recorded from the third quarter of the year, demonstrating the resilience of the economies of the sub-region in the face of the COVID-19 pandemic",...

Incooperation, Economy, Featured, NEWS

Gabon braces up EITI return

December 28, 2020ByLa Rédaction

Since last June, Gabon has singularly shown its interest in returning to this institution. A decision that is part of a global desire to have better management of public funds...

Incooperation, Economy, Featured, NEWS

Chad to host sugar factory following the signing of MoU

December 26, 2020ByLa Rédaction

The demand for sugar, a staple food, is estimated in Chad at around 130,000 tonnes per year. This demand is partly supplied by the Chad Sugar Company (CST), a subsidiary...

InEconomy, Featured, NEWS

Government orders Contractors to use “legal” Cameroonian wood in the execution of public works

December 26, 2020ByPeter Nsoesie

“Henceforth, therefore, the use of this wood is obligatory in the realization of all the works and supplies forming the object of public order… It is a question for the...

Incooperation, Economy, Featured, Finance, NEWS

Chad benefits from 15 billion FCFA World Bank support for post-COVID 19 revival

December 25, 2020ByLa Rédaction

With these $ 15 million, the project is expected to benefit around 365,000 people in the provinces of Mandoul and Moyen-Chari, through the rehabilitation of around 400 km of roads...

InEconomy, Featured, NEWS

Equatorial Guinea Makes Advances on 100-Day Mining and Petroleum Milestones

December 24, 2020ByLa Rédaction

The MMH has drafted and concluded a new onshore drilling plan as well as preliminary studies to identify targets in its continental basins. Negotiations with Cameroon for the joint development...

Incooperation, Economy, Featured, Finance, NEWS

BDEAC unveils “2020-2027” bonds to finance CEMAC Integrative projects

December 24, 2020ByLa Rédaction

Initiated by the Central African States Development Bank (BDEAC), the public call for savings called "BDEAC 5.45% NET 2020-2027" was presented on December 22 in Libreville. This bond loan aims...

InEconomy, Featured, NEWS

Cameroon projects 3.3% growth rate for 2021

December 22, 2020ByPeter Nsoesie

According to the Director-General of Budget at MINFI, some of these measures have been taken into account in the state finance bill for the 2021 fiscal year. Cyril EDOU ALO'O...

Incooperation, Economy, Featured, NEWS

Equatorial Guinea Outlines a Path Towards Oil & Gas Industry’s Road to Recovery

December 22, 2020ByLa Rédaction

As Equatorial Guinea renews with stronger investment inflows, it will also see new drilling activity. Three wells are notably expected to be drilled by Trident Energy on Block G: ALON...

InBusiness opportunities, Companies, cooperation, Economy, Featured, Hi-Tech, NEWS

Facebook expresses interest to establish in Gabon

December 21, 2020ByLa Rédaction

A bit sceptical, Edgar Anicet Mboumbou Miyakou wanted to meet with experts in the field and the various officials of the structures under supervision before giving the government discharge. The...

Incooperation, Economy, Featured, NEWS

CEMAC countries brace up for AfCFTA

December 19, 2020ByPeter Nsoesie

If at the level of certain states such as Cameroon, the regulation of competition is already regulated, this is not the case at the community level. Hence the urgency to...

InEconomy, Featured, NEWS

Gabon’s Urban planning Agency prepares to roll out 2021 plan

December 19, 2020ByLa Rédaction

The National Agency for Town Planning, Topographic Works and Cadastre (ANUUTC) held a Board of Directors on December 18 in Libreville. The sale chaired by Léon Paul Mvouba Okori set...