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Finance

147 Congolese Enterprises to benefit from 1.3 billion FCFA

According to the Minister of SMEs, craftsmanship and the informal sector, Yvonne Adelaide Mougany, the goal has been achieved, that of engaging entrepreneurial culture among young people and women. All...
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BEAC launches Control Operation against Illicit Capital flight

The Bank thus hopes to get its hands on the operators who are at the origin of the current account deficit observed during fiscal year 2020. If the exact figures...
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G20 grants Chad Debt Moratorium

According to Agence France Presse, to date, 46 countries out of the 73 eligible, have requested and obtained a postponement of the payment of interest, for an amount of 5.7...
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Single Payment Window earns Congolese Treasury 40 billion FCFA

To secure and maximize state revenue, the Ministry of Finance and Budget has set up the Single Payment Window (GUP) for the collection of taxes. Within one month of operation,...
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500 Million FCFA set aside for Renewable Energy in Cameroon’s Northern regions

“6000 people including 1000 households will benefit from this project in the towns of Bibemi, Zina and Poli. They will be trained in the use of solar energy systems, in...
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“UBA is well-positioned to Benefit from Recovery trends” – Tony Elumelu

“We spearheaded strategic investments in our digital banking and technology platforms to further promote self-service banking; we have also focused on enhancing the capabilities of our people through various online...
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BEAC predicts stagnant business environment in Q2 of 2021

According to the central bank of CEMAC states, this forecast test is a “quarterly document of a prospective nature, based on surveys carried out among business leaders, administrators and other...
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DRC records grim performance in 2021 Budget

The General Inspectorate of Finance (IGF) reports poor public revenue mobilization during this period. More worryingly, the situation is not set to improve with the latest measures adopted by the...
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FANAF reaps over 750 million FCFA profit in 2020

“We are happy to have achieved these two goals thanks to the invaluable support of President Ali Bongo, sponsor of the 44th edition held in Libreville. The support of the...
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BEAC to unveil new banknotes

It was at the end of the ordinary session of the Ministerial Committee of the Central African Monetary Union (Umac), held on October 2, 2019, at the headquarters of the...
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