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Kikot Electricity project underway as Cameroon’s Finance Minister meets Project Director

January 31, 2021By
This new project, the Kikot project, is based in the Sanaga Maritime division, in the Littoral region. It is a water-based energy production project which has the same characteristics as...
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OHADA Secretariat wants harmonization of Law with AfCFTA in the CEMAC zone

January 31, 2021By
"The entry into force of the AfCFTA must be based on legal instruments," said Thibaud Nambogona, representative of the permanent secretary of OHADA. In addition to the study on the...
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Congo launches works on National road 1

January 29, 2021By
The launch of maintenance work on the Brazzaville / Pointe-Noire road by LCR comes a few weeks after parliamentarians questioned the state of this road. The national elected officials who...
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UEAC adopts 90 billion FCFA

January 29, 2021By
Alamine Ousmane Mey "also reviewed the health situation and its repercussions on the economy of the sub-region. It is a question, according to him, of containing the spread of the...
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Cameroon and World Bank seal 30 billion FCFA to develop the Lake Chad zone

January 29, 2021By
The development objective of this project is to contribute to the recovery of the Lake Chad area by supporting regional coordination and crisis prevention, connectivity and agricultural livelihoods in the...
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Congolese officials trained on procedures of Public Contracts

January 28, 2021By
“The public procurement system was born out of the will, in particular, of the country's highest authority. It was in 2009 that the government set the country on the path...
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Gabon and EU enter last phase of negotiations

January 28, 2021By
“There is a team of European Union negotiators that left Brussels to resume negotiations for the fisheries agreement with Gabon. The objective is to achieve a sustainable catch, the creation...
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77 billion FCFA to ameliorate water supply in Grande-Libreville

January 27, 2021By
"Aware of the recurring situation of water shortage and / or under-supply in the districts of Libreville and the neighbouring municipalities, the government has decided to launch, with the support...
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Cameroon’s SME Bank losses 4 billion FCFA in three years

January 27, 2021By
This volume of excess resources is such that the BEAC had decided before the occurrence of covid-19, to draw liquidity from the sub-regional banking system. She said she feared that...
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2331 billion FCFA of excess reserves for banks of CEMAC at the end of September 2020

January 26, 2021By
Between September 2018 and 2020, the outstanding bank loans to the economy of the sub-region were down by 119 billion FCFA. They explain that most of their resources are sight...
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Gabon heads towards Green Economy

January 26, 2021By
The constant external shocks that Gabon has suffered due to the sharp drop in world oil prices and the need to finance development in the post-Covid-19 era demonstrate the importance...
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Fernand Gaboumba Moukengue appointed National delegate of the Congo the École supérieure de la Banque de France

January 26, 2021By
During his mandate, the national delegate ensures the Human Resources function vis-à-vis stakeholders. It recruits local workers, supervisors, service providers and learners through individual applications. Likewise, it supports banks in...
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UEAC evaluates 2021 budget at over 89 billion FCFA

January 25, 2021By
In the same vein, the president of the CEMAC Commission, Daniel Ona Ondo, declared that: “this tax has suffered a big backlash in relation to the health crisis, with an...
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FAO mobilizes more than 102 billion FCFA in 2020 to fight hunger in Africa

January 25, 2021By
According to the Resident Representative, all of these projects required an envelope of more than 170 million US dollars, or more than 102 billion FCFA approximately. If this sum was...
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