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Finance

Government levies VAT on Social media platforms

To break it down, “when a company X based in Cameroon or under Cameroonian law buys advertising space from Google, once the invoice has been paid, Google is required to...
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Gabon’s Public debt rises by 4000 billion FCFA between 2009 – 2019

“The IMF gives money to the government and people often expect these funds to improve their living conditions. They are wrong because the IMF does not invest to improve living...
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EOG loan 6.25% Net 2019-2024: Gabon pays 7.8 billion FCFA in interest

During the borrowing operation, for the value "EOG 6.25% NET 2019-2024", Gabon had mobilized an envelope of 126 billion francs in the last quarter of 2019, whereas it did not...
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About 10 BVMAC shareholders approved by Cosumaf

Among these are “the Debt Recovery Fund, Assinco SA, Bati Sarl, the Professional Insurance Company of Cameroon, but also Commercial Bank of Cameroon, Banque Atlantique du Cameroun, Financia Capital, Union...
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French business magnet unveils plans to invest in Cameroon

Speaking to reporters at the end of the meeting with the Head of Government, the Duval Group boss reiterated, “We have planned investments in Yaoundé and Douala. These operations are...
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Cameroon Government seals 10 billion FCFA deal with BGFI to assist Enterprises affected by COVID 19

“For us, the main thing is first to preserve the jobs of SMEs. Then they must come so that we can find together the conditions for relaunching their activities, ”said...
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Gabon: Debt could reach 74.7% of GDP in 2020, according to IMF

The report also points out that this rate exceeds the convergence threshold of 70% of GDP in force in the Cemac zone, the Economic Community of Central African States (Cameroon,...
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Merger of CEMAC’s two Stock Exchanges almost complete

The actions still to be carried out for the finalization of the second phase of the merger of the financial markets of the Economic and Monetary Community of Central Africa...
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CÉMAC’s unified financial market prepares IPOs

It should be noted that the second phase of the CEMAC financial market merger project initiated in July 2019 concerns: the reform of the regulatory framework relating to market activities...
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New World Bank Representative in Chad assumes office

A Turkish national, Rasit Pertev was previously Secretary of the International Fund for Agricultural Development (IFAD). He first joined the Bank in 2003 and has worked as a Senior Agricultural...
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