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Chad seals deal with Islamic Developemnt Bank for the tarring of Abeche-Abouglem road

Chad and the Islamic Development Bank have signed a loan agreement on for the construction and asphalting of the Abeché – Abouglem road. The Abéché Abouglem section construction and asphalting...
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Gabon pleads for the cancellation of Africa’s debts

Gabon, like other countries on the continent, calls for the cancellation of the debt of African countries without distinction of category. The announcement was officially made by Prime Minister Julien...
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Discussions underway in Chad for the payment of internal debts

No consensus between the Chadian Ministry of Finance and Budget and credit institutions. The two parties have deferred on the possibility of paying the domestic debt in a meeting on...
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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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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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The moratorium on maturing bank loans outlined for Gabonese companies

The terms of the moratorium on maturities of corporate bank loans were detailed by the Ministry of Economy and Finance on April 22. Aimed at companies of all sizes, this...
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IMF disburses $ 38 million to CAR under the credit facility to mitigate the impact of covid-19

The Executive Board of the International Monetary Fund (IMF) approved, on April 20, an emergency disbursement in the amount of 27.85 million special drawing rights, the equivalent of approximately $...
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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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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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