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Silence by Chad’s energy provider worries population as covid-19 imposes economic hardship

More than a month since the Chadian Head of state Idriss Deby Itno announced free electricity to support households during this period of the covid-19 pandemic. While the Ministry of...
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Gabon announces laboratory to accelerate covid-19 testing

Gabon will commission a new analytical laboratory as part of the fight against Covid-19. Named by President Ali Bongo Ondimba,  after Professor Daniel Gahouma, a “symbol of medical excellence” in...
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Chemical labeling of petroleum products earns Cameroon $66 million annually since 2012

The Hydrocarbons, analyzes and controls Unit (Hydrac) has taken stock of the fallout from the chemical marking of petroleum products, implemented in Cameroon since 2012. “We can cite the reduction...
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Post Covid-19: Global Leaders at UBA Africa Day Conversations Pursue Economic Recovery

Global leaders at the second edition of United Bank for Africa (UBA) African Day Conversations, have emphasised the need for meaningful collaborations betweengovernments and the private sector as a panacea...
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Africa Regional Integration Index underlines integration as key to building more resilient economies

The second Africa Regional Integration Index (ARII 2019) was launched Friday by the Economic Commission for Africa (ECA), the African Development Bank and the African Union Commission (AUC), with a...
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Franc CFA: Central Africa is still thinking

The “reasonable” deadline fixed at CEMAC and BEAC by the Heads of state of the sub-region to propose a reform plan for the common currency is clearly not yet exhausted....
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COBAC validates zero weighting on OTAs in the State of Cameroon

The country has complied with Community regulatory requirements for securing the reimbursement of these securities. The President of the Central African Banking Commission COBAC, also Governor of the Bank of...
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Cocoa and Coffee farmers in Gabon reassured of good prices despite Coronavirus shocks

The Stabilization and Equalization Fund CAISTAB has assured that the purchase price of coffee and cocoa will remain at a decent price after the Covid-19 crisis. Good insurance for planters,...
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Gabon launches study to mitigate economic shocks of Coronavirus

The Ministry of the Economy has just launched a telephone survey to measure the impact of Covid-19 on business activities and household living conditions. In the short term, this study...
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About 90.000 tonnes of palm oil to be imported in Cameroon this year, as CS ALID SARL unveils plans to increase local production

Though affected by the Coronavirus crisis, producers of refined vegetable oils and soap in Cameroon are  already  preparing for the post-health crisis. The operators will import 90,000 tonnes of crude...
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Elumelu says Covid-19 Presents Opportunity to Reset Africa

The founder of the UBA Group advocates a kind of Marshall Plan which will ease the debt burden and give priority to young people through the increased support for the...
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Chadian government receives young entrepreneurs

The group  of incubators and support platforms for young entrepreneurs, Ecosystem, was received this Wednesday by the Minister of Trade, Industry and Promotion of the Private Sector, Ms. Achta Djibrine...
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French Development Agency coughs out 6.5 billion FCFA for covid-19 response in Cameroon

The grant contract was signed on May 18 between the Minister of the Economy, Planning and Regional Development and the French Development Agency, as part of the development and debt...
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Cameroon Government seals deal with French group to construct 14 automated toll gates

The contract was signed on May 18 between the Minister of Public Works of Cameroon and the Director General of the Fayat Group in Paris. 300 is the number of...
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