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Congo adopts reformed Labour Code

This reassured them and led to a general consensus on December 30. Employers and workers signed the final version of the reform to validate the content before the text is...
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New Tax provisions of Chad’s 2021 State Budget

Under the support and economic recovery, it is proposed to provide a tax incentive for companies operating in the fields of agriculture, livestock, renewable energies; VAT exemption on fertilizers, pesticides...
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Congo edges closer to payment interoperability

According to one of the project designers, Éric Armel N’Doumba, the Telecom adviser, Congo-Pay will allow the aggregation of all the other means of payment that already exist at the...
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CEMAC experts reflect on the execution of 12 integrated projects

For two days, the members of the technical commission relied on precise economic parameters to consider the implementation of said projects. “This is a game of interests but based on...
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Gabon creates a mediation forum to strengthen the business sector

Inaugurated by the Secretary-General of the Ministry of Justice, François Mangari, this structure which promotes alternative dispute resolution methods in business circles, intends to deploy its expertise in commercial and...
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Cameroon publishes Export bulletin for the year 2020

As regards the exports of manufactured products, “the drop was mainly supported by the drop in exports of processed wood (sawn wood -11.7%, wood pasture sheets -23.5%). Also, exports of...
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Alphonse Nafack bags Best Manager in Central Africa at Financial Afrik awards

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...
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Congo’s railway outfit CFCO to undergo reforms

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...
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CEMAC countries under the weight of COVID – 19

"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",...
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Gabon braces up EITI return

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...
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Chad to host sugar factory following the signing of MoU

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

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

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

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...
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