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91,552
Bitcoin
$ 105,871
Bitcoin
91,552

Finance

Japan grants $2.7million to reconstruct North West and South West Cameroon

“The Japanese government has provided support for the Presidential Plan for the Development and Reconstruction of the Northwest and Southwest Regions to the tune of 2,750,000 US dollars. The funding...
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Gabon obtains 43 billion FCFA from UNESCO for five projects

As part of the strengthening of its partnership with Gabon, the United Nations Educational, Scientific and Cultural Organization has allocated an envelope of nearly 43 million CFA francs to the...
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Congo records 0.5% increase in Economic growth in 2021

The members of the CNEF have, moreover, evoked developments concerning the increase of 14.8% of loans to the economy year-on-year, the decline of 11.5% of unpaid debts. Regarding debt management,...
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Cameroon Director meets Businessmen in Douala

According to the explanations of the Directorate General of Taxes, "the exemption will pass, among other things, by the reduction of two points (from 30% to 28%) of the rate...
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China cancels part of Congo’s debts

“It gives me great pleasure to have signed two cooperation agreements. These signed documents show, once again, that Sino-Congolese cooperation remains fruitful, despite the difficulties mainly caused by Covid-19. It...
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Cameroon in search of 350 billion FCFA from Investors to finance part of its 2021 Budget

The Minister took the opportunity to reveal to investors the budget financing program. He is counting on the feasibility of the project and especially the good health of the money...
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Cameroon’s Economy officials schooled on the new Budget nomenclature

According to the explanations of Guy Raymond Nkou, the Deputy Director in charge of the preparation of the public investment budget at MINEPAT, “it is a question for all the...
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ENEO promises 100 billion FCFA to ameliorate Electricity supply in Cameroon

In recent years, the Cameroonian government has financed the construction of several infrastructures intended to improve the supply of electrical energy throughout the national territory. Hydroelectric dams, power stations etc....
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Chad confident of it’s Financial situation

"The reserves were in the negative zone so it was necessary to urgently and drastically put in place rather monetary programs and austerity programs which led to cuts in wages,...
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Congo procures invoicing machine to boost Tax collection

These machines which will in fact be connected to the information and management systems of the State, namely the E. tax for taxes and the integrated public finance management system....
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UEAC adopts 90 billion FCFA

Alamine Ousmane Mey "also reviewed the health situation and its repercussions on the economy of the sub-region. It is a question, according to him, of containing the spread of the...
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Cameroon and World Bank seal 30 billion FCFA to develop the Lake Chad zone

The development objective of this project is to contribute to the recovery of the Lake Chad area by supporting regional coordination and crisis prevention, connectivity and agricultural livelihoods in the...
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Congolese officials trained on procedures of Public Contracts

“The public procurement system was born out of the will, in particular, of the country's highest authority. It was in 2009 that the government set the country on the path...
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Cameroon’s SME Bank losses 4 billion FCFA in three years

This volume of excess resources is such that the BEAC had decided before the occurrence of covid-19, to draw liquidity from the sub-regional banking system. She said she feared that...
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