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NEWS

Congo begins construction of second Oil refinery

The project financing agreement was signed in November 2020 between the Congolese government and the Chinese company Beijing Fortune Dingheng Investment. The second phase of the project will be devoted...
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Gabon rolls out plans to create a Gold reserve

"As such, said draft ordinance specifies the constituent elements of the strategic gold reserve, as well as the operating and control framework; the latter being provided by the Parliament, in...
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Chad gets an appointment at the World Trade Organization

In an official statement, the Embassy of Chad in Switzerland, which is also the permanent mission to the United Nations Office and other international organizations in Geneva, informed on February...
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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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Gabon outlines reforms to boost Employment

Madeleine Berre assures us that "this strategy also includes a training strategy, of capacity building within our training centers and we are also concerned to strengthen the training of young...
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Congo sets up a national certification framework for Employment

Launched last year, work on the development of the new system is led by officials from the Ministry of Technical and Vocational Education, Qualifying Training and Employment, with technical support...
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Gabon behind in the Energy, Transport and ICT segments

“This new tool will help developing countries improve their development policies and reduce poverty. It will also strengthen their economic resilience in the face of shocks such as that of...
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RTC records outstanding performance in 2020

All things at odds with the forecast turnover for 2020 estimated at 48,344,496,253 FCFA. Thus, the RTC achieves a turnover higher than its own forecasts of 1,397,157,730 FCFA ", specifies...
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Zenith Energy records encouraging figures in Congo’s Tilapia well

The Canadian company Zenith Energy announced on February 10 the success of the public utility investigation of the Tilapia project in Kouilou. The oil company has a majority stake of...
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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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