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NEWS

African Development Bank hails Chad for good governance

“The program also benefited from another grant of 9.7 billion FCFA from the African Development Fund (ADF) as well as a loan of 3.4 billion FCFA from the same ADF,...
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North-South Development Association launches “Connecting Days” to valorise Business opportunities

They offer a distinctive opportunity for sponsors, virtual exhibitors, panellists and partners, to expand their network and identify business opportunities. For the first day, Nigeria will be in the spotlight...
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GICAM gets new Executive Director as Alain Blaise Batongue steps down

This 46-year-old lawyer is an administrative executive, having served from December 2011 to October 2020, as head of the Legal Affairs Division at the National Agency for Information and Communication...
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The Cocoa and Coffee Development Fund to audit its projects in Cameroon between 2006 -2019

The audit is being carried out by experts from the international firm Moore Stephen, whose Central Africa branch is headed by Cameroonian Robert Prosper Nken, Concretely, at the end of...
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Gabonese Tax officials unveil fiscal plans to Cameroonian businessmen

"The delegation mandated by the Gabonese state thus seized the opportunity to provide investors, in particular Treasury Securities Specialists (SVTs) and local institutional investors, with the schedule of securities issues...
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IMF expresses grim economic projection for the CEMAC zone

“With the fall in oil prices over the medium term, the outlook is that Cemac's budgetary and external adjustments will be slower than previously expected, and risks are tilted to...
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Financial Industry Summit to put Africa’s Economy on the rails

With an average growth in banking revenues of 11% per year and more than 800 million dollars raised by African FinTechs in 2019, the African financial industry was, before the...
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0.50% excluding tax now applied for transfers out of CEMAC beyond 5 million FCFA

"The rate of the commission to be charged by the Central Bank during the execution of outgoing transfers outside Cemac on behalf of authorized intermediaries is set at 0.5% excluding...
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Kribi Deep Sea Port registers 450 stop overs

Despite the crisis of the coronavirus pandemic which disrupted traffic, this good performance is linked to the fact that the port authority "quickly put in place a response plan including...
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Congolese Economic operators express dissatisfaction with the payment mechanism of Domestic debt

"Following the payment of part of the domestic commercial debt of the 179 companies audited and validated for 2014-2015-2016, it is important that our union take stock and analyze the...
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