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€ 74,409
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€ 74,409

Finance

Effective payment of PIP 2nd quarter 2015 underway in Gabon

The Ministry of Economy and Finance reports on the effectiveness of payment of arrears for the second quarter of 2015 of the Performance Incentive Bonus (PIP) of health personnel. More...
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Transit rights on the Chad-Cameroon pipeline generated more than 36 billion FCFA for Cameroon in 2019

This information comes from the National Hydrocarbons Company (SNH). The National hydrocarbon company recently released the figures for profits made by Cameroon in the context of transit rights on the...
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Franc CFA reform: Changes, Statusquo and Unknowns

The French government announced on May 20, having finalized the bill ratifying the agreement signed on December 21, 2019 between France and the member countries of the West African Monetary...
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French Development Agency coughs out 6.5 billion FCFA for Covid 19 response in Cameroon

The grant contract was signed on May 18 between the Minister of the Economy, Planning and Regional Development and the French Development Agency, as part of the development and debt...
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BEAC retracts after dangling Devaluation axe on member states

The governor of the Bank of Central African States has assured the public  that the health crisis caused by covid-19 has not affected the level of foreign exchange reserves. “The...
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Cameroon to raise 335 billion FCFA from Treasury Bonds between April and June 2020

The various operations for the issue of public securities, planned on the BEAC market, relate to an overall envelope of 335 billion FCFA. “The 2nd quarter of 2020 of the...
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800 Billion FCFA loss in Cameroon’s economy due to Coronavirus

The information is from the Minister of Finance, Louis Paul Motaze, who revealed it during a press conference organized in concert with the Minister of Communication René Emmanuel Sadi, Wednesday...
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Cameroon Taxation Authorities mobilize 537 billion FCFA in the first quarter of 2020, an increase of CFAF 74 billion compared to 2019

The Covid-19 pandemic, which continues to wreak havoc around the world, has significantly disrupted the world economy in general and that of Cameroon in particular. Despite this precarious situation, the...
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Chad’s Finance boss defends Youth Entrepreneurship Fund law

The Finance and Budget Minister of Chad, Tahir Hamid Nguilin has defended at the National Assembly on Monday the new law establishing a fund for youth entrepreneurship, adopted unanimously by...
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Motaze downplays BEAC’s Devaluation hypothesis, insist CEMAC States are working hard to eradicate Coronavirus

According to the Minister of Finance of Cameroon, the CEMAC states are working to mitigate the effects of the coronavirus on monetary parity. “The risk that hung over our heads...
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Taxation boss in Cameroon salutes fiscal efforts to assist companies affected by Coronavirus

Cameroon’s Director General of Taxes says that measures taken by Government to contain Covid 19 come at a huge cost. Modeste Mopa Fatoing who spoke to the national daily Cameroon...
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Coronavirus to draw back Gabon’s economy by 0.2%

Coupled with other factors like falling commodity prices, the coronavirus will have a huge impact on the national economy. According to the government, national economic activity is expected to decline...
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Cameroonian group KPMO leaves the management of the Kribi Multipurpose Terminal on June 30, 2020

The Cameroonian group, KPMO, (made up of 9 companies from the port market including APM, TRANSIMEX AND SAPEM) responsible for the management of the multipurpose terminal of the Autonomous Port...
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Gabon to lose 700 billion of her budgetary revenue to covid-19

The Director General of Economy and Fiscal Policy has warned  that the Covid-19 pandemic will cause a loss of 700 billion CFA francs in state budget revenue in 2020. This...
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