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Equatorial Guinea awards Contract to American Company Nexant for Methanol-to-Derivatives Plant

The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea, in collaboration with the Atlantic Methanol Production Company (AMPCO), awarded American company Nexant the feasibility study for the construction of...
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Rosgeo, Russia’s leading geological company, signed first contracts to start exploration and increase the potential of mineral and hydrocarbon resources in Equatorial Guinea

JSC Zarubezhgeologia and JSC Yuzhmorgeologia, internationally operating subsidiaries of the Russia’s state-owned joint stock company Rosgeo and the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea have signed two services contracts for the initial...
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Cameroon Taxation Authorities mobilize 537 billion FCFA in the first quarter of 2020, an increase of CFAF 74 billion compared to 2019

The Covid-19 pandemic, which continues to wreak havoc around the world, has significantly disrupted the world economy in general and that of Cameroon in particular. Despite this precarious situation, the...
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New Gas Master Plan to boost Africa’s First Offshore Gas Mega Hub in the Gulf of Guinea

Equatorial Guinea continues to lead the development of natural gas production and monetization in the Gulf of Guinea, with the award of a new contract for a new Gas Master...
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Gabon seals Mining Convention deal with Apollo Minerals over Kroussou project

The Gabonese government has approved a mining convention agreement on the Kroussou zinc / lead project. It allows the Australian company Apollo Minerals to gain a majority stake in its...
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The Central African Republic Strategizes to beat covid-19

“Analysis of the socio-economic situation of the country and measures to mitigate the impact of covid-19 ’’. This is the main point discussed during the second meeting of the Joint...
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Saar Assurances Tchad put on provisional Administration by Insurance regulator CIMA

The General management of Saar Assurances Tchad in a service note  explains the context of the provisional administration of the company. By regulation N ° 007 / CIMA / 2016,...
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Chad’s Finance boss defends Youth Entrepreneurship Fund law

The Finance and Budget Minister of Chad, Tahir Hamid Nguilin has defended at the National Assembly on Monday the new law establishing a fund for youth entrepreneurship, adopted unanimously by...
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Taxation boss in Cameroon salutes fiscal efforts to assist companies affected by Coronavirus

Cameroon’s Director General of Taxes says that measures taken by Government to contain Covid 19 come at a huge cost. Modeste Mopa Fatoing who spoke to the national daily Cameroon...
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Coronavirus to draw back Gabon’s economy by 0.2%

Coupled with other factors like falling commodity prices, the coronavirus will have a huge impact on the national economy. According to the government, national economic activity is expected to decline...
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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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