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Congolese household assets in International banks reach $533 million in 2019

By the end of December 2019, assets in international banks of households residing in Congo-Brazzaville were $ 533 million, according to statistics provided by the Bank for International Settlements (BIS),...
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Equatorial Guinea to grant extensions to Exploration companies and flexibility to producing companies on work programs and capital expenditures

Equatorial Guinea will launch new petroleum regulations to support its hydrocarbons industry with emphasis on improving local content; The Ministry of Mines and Hydrocarbons is pushing forward with its Year...
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Bars, Nightclubs and Restaurants at the brink of collapse in Gabon due to Coronavirus restrictions

Faced with the epidemic of the new coronavirus having induced a prolongation of the state of emergency in Gabon and its natural corollary, the confinement of Grand Libreville, the concern...
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Gabon eases covid-19 restrictions in Grand Libreville, set new rules

If the peak of the Coronavirus epidemic should be reached between the middle of May and  June, the government has nevertheless eased confinement restrictions  of Grand Libreville, one of the...
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Gabonese Government launches project to check food imports from Cameroon

In Meyo Kye and Eboro, two localities bordering Cameroon, a food product transfer dock and a standing cattle processing area will be built. The construction work, which is expected to...
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More than 70 million FCFA to be shared to Chadian entrepreneurs

The Minister of Youth Promotion, Sports and Employment, Mahamat Nassour Abdoulaye announced on Monday that more than 70 million FCFA  will be delivered today Tuesday to young entrepreneurs carrying micro-projects...
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Gabon postpones closing of bid submission on Oil Blocks

The Minister of Petroleum has announced  the postponement of the closing of the bid for the 12th call for tenders for the allocation of 35 oil blocks, originally scheduled for...
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Coronavirus: Alamine Ousmane Mey defends Africa’s interest at IMF/World Bank meetings

Strengthening of health systems, response to factors of vulnerability, strengthening of resource mobilization, promotion of the private sector are, among others, the points on which the African Consultative Group calls...
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4 Billion FCFA already contributed in Cameroon National Solidarity Fund against covid-19

The funds raised from partners, companies and patrons do not include the sums expected from international financial institutions. Mobilization to combat the coronavirus pandemic is continuous in Cameroon, through the...
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Chad revises budget for coronavirus response

The Minister of Public Health, Professor Mahamoud Youssouf Khayal, made a press conference this Sunday to give more details on the government’s efforts in the fight against the Covid-19 pandemic....
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New system CAMCIS slows Customs operations in Cameroon

Malfunctions observed in the operation of this system raise fears of a fall in customs revenue due to the unsuitability of the new system based on Korean technology UNIPASS. Will...
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Gabon shares out more than 20.000 Food Bank vouchers for about 500 million FCFA to needy persons

Ten days after the launch of the activities of the Food Bank, the Ministry of National Solidarity claims the distribution of 20,424 vouchers in total in several districts of Grand...
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Banks in the CEMAC sub region snub BEAC liquidity offer

The liquidity made available by the Central Bank does not attract the bankers of CEMAC, credited with about 2000 billion FCFA of free reserves, according to the IMF. But beyond...
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IMF approves 22 billion FCFA for the Central African Republic

“I came to congratulate the Minister of Finance for the approval by the board of directors of the International Monetary Fund (IMF) of the Rapid Credit Facility program which includes...
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