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Cameroon to benefit from 230 billion FCFA G20 Moratorium, but must fulfill “stressful” conditions

To benefit from the 12-month moratorium granted by G20 countries, Cameroon will still have to fulfill half a dozen conditions. This is contained in a term sheet of the moratorium....
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NSIA Group splashes 322 million FCFA for covid-19 response in West and Central Africa

The NSIA Group, a Pan-African company engaged in the Banking and Insurance sector present in West and Central Africa, has  donated 322,000,000 FCFA in cash, medical ambulance and health kits,...
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“Covid-19 will cost Gabon a 600 billion FCFA budget loss” – Former Economy and Finance Minister

Régis Immogault has outlined some possible solutions to help the Gabonese state master the economic shock caused by the Covid-19. Noting that the crisis will cause budget losses of around...
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IMF disburses $155 million to help Chad counter Coronavirus

The IMF (International Monetary Fund) Board of Directors approved the disbursement of $ 115.1 million to the Chadian government to combat the Covid-19 pandemic. The context is particularly unstable. With...
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Chad’s Technical and financial partners mobilized against Coronavirus

The Minister of Economy and Development Planning, Issa Doubragne has  exchanged with some representatives of the agencies of the United Nations system in Chad as well as heads of banking...
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French mining giant ERAMET creates 6 billion FCFA Solidarity plan to fight Covid-19 in Gabon

The French multinational announces the establishment of a group Solidarity plan worth 1.5 million euros, about 6 billion CFA francs for the response to the Covid-19 and a reallocation of...
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Cameroon raises over 3000 billion FCFA in 10 years for infrastructural projects

The public treasury in Cameroon has mobilizes 3,122.75 billion FCFA  in 10 years. Road infrastructure and engineering structures, water and energy, construction and rehabilitation of sports infrastructure are the sectors...
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Gabonese civil servants to begin receiving salaries on April 21 under strict Covid 19 preventive measures

State agents will be paid this April before the end of this month. This is in compliance with the measures adopted as part of the fight against the spread of...
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IMF Gabon chief fears Covid-19 measures will negative affect poor households in the country

Lockdown of the great Libreville, disbursement of 250 billion CFA francs response fund, Food Bank, free transport are key taken by Gabonese authorities to curb the spread of Covid 19. ...
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Arielle Kitio Tsamo, the Queen of Cameroon’s Digital Inclusion drive

With a PhD in Software Engieneering, 28 year old Arielle Kitio Tsamo has revolutionized the tech industry in Cameroon through her startup Cameroon Youth School Tech Incubator CAYSTI. To the...
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Cameroon Postal Service CAMPOST to launch E-Commerce platform soon

The invitation to tender is limited to six consultants whose files were expected on April 8, 2020. At the end of the selection, the best will be selected to support...
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Chad inaugurates Hydro-alcoholic solution production unit to curb coronavirus

Faced with the Covid-19 pandemic, Chad now has a local production unit of hydro-alcoholic solutions. The Minister of Public Health, Pr. Mahamoud Youssouf Khayal, launched production on Friday. According to...
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Expansion and Modernization of Douala port slated for 2030

The Douala Ports Authority has announced that it will begin expansion of the facility in the year 2030. It will also include renewal and renovation of the port’s facilities. With...
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Gabon Energy and Water company releases criteria for free water and electricity provision

In this period of economic and health crisis in Gabon linked to covid-19, the Gabon Energy and Water Company SEEG has agreed to provide free water and electricity for almost...
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