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Cameroonian group KPMO leaves the management of the Kribi Multipurpose Terminal on June 30, 2020

The Cameroonian group, KPMO, (made up of 9 companies from the port market including APM, TRANSIMEX AND SAPEM) responsible for the management of the multipurpose terminal of the Autonomous Port...
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Gabon to lose 700 billion of her budgetary revenue to covid-19

The Director General of Economy and Fiscal Policy has warned  that the Covid-19 pandemic will cause a loss of 700 billion CFA francs in state budget revenue in 2020. This...
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Works on Chad’s dairy complex in good shape, project to be delivered in December 2020

The Mandélia dairy industrial complex will probably be delivered by the end of 2020. This was evident from the visit made by the Minister of Livestock and Animal Production, Gayang...
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Gabon creates Tax window to support enterprises affected by Coronavirus shocks

Gabon’s Directorate General of Taxes  has published the practical terms of access to support and support measures for the economic and social fabric in the face of the impact of...
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Cameroon Government launches tender call for Limbe thermal power plant

Gaston Eloundou Essomba, the Cameroonian Minister of Water and Energy, launched on May 7, 2020, a call for expressions of interest, for the pre-qualification of partners with a view to...
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Douala – Bangui corridor regains steam after Covid-19 imposed recess

Freight traffic has resumed along the road which connects Cameroon to the Central African Republic. Last week, Cameroonian truck drivers stopped work after several of them, affected by Covid-19, were...
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United Nations coughs out $12million to help the Central Africa Republic roll back covid-19

The United Nations has allocated $ 12 million from its Humanitarian Fund to support the multi-sectoral emergency response in the Central African Republic (CAR). This emergency financial allocation will also...
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New Investment Report Highlights Gabon’s Petroleum Potential

Through the Africa Energy Series Special Report: Gabon 2020, Africa Oil & Power (www.AfricaOilandPower.com) is highlighting extensive investment opportunities in the Gabonese oil and gas sector; Gabon has an ongoing...
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Equatorial Guinea three year limit for employment of foreign workers in the country’s oil & gas industry

In line with Equatorial Guinea’s efforts to ensure that the country’s recovery benefits local jobs creation and national content development, the Ministry of Mines and Hydrocarbons has published a new...
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Ecobank and Google collaborate to keep children learning during the covid-19 pandemic

Ecobank Group , the pan-African Bank, is leveraging its distribution and partner networks to raise awareness of literacy apps in the Google Play Store to support the education of children...
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Prudential Beneficial maps out effective strategies to deal with Coronavirus threat

One of Cameroon’s biggest Insurers in on the frontlines against the coronavirus . Prudential Beneficial has announced a series of measures to tackle the global pandemic. According to the Group...
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Gabon sets May 20 as deadline for 9 digit telephone switch

The Regulatory Authority for Electronic Communications and postal services ARCEP has set May 20 as the final deadline for the migration period to the new 9-digit numbering plan that came...
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Cameroon’s Finance Minister promises to put recent IMF to judicious use

On May 4, 2020, the Board of Directors of the International Monetary Fund (IMF) granted a new loan of CFAF 135 billion to Cameroon. Money that will be entirely devoted...
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CAR debt moratorium at the heart of discussions between Minister Dondra and international financial partners

The issue of temporary suspension of debt service for the poorest countries, including the Central African Republic through the G20, was at the heart of discussions this Wednesday, May 6,...
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