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NEWS

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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SMEs in Cameroon to align to the National Development Strategy

It is therefore in this sense that Minister Achille Bassilekin III recalled that: “at the strategic level, our ministerial department must be able, by drawing inspiration from the sectoral policies...
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Cameroon Government recieves Mintom-Lele portion of Yaounde-Brazzaville road

During the working meeting that closed this field trip, the client appreciated the quality of the work carried out, while praising the performance of the company and of the control...
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Kikot Electricity project underway as Cameroon’s Finance Minister meets Project Director

This new project, the Kikot project, is based in the Sanaga Maritime division, in the Littoral region. It is a water-based energy production project which has the same characteristics as...
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OHADA Secretariat wants harmonization of Law with AfCFTA in the CEMAC zone

"The entry into force of the AfCFTA must be based on legal instruments," said Thibaud Nambogona, representative of the permanent secretary of OHADA. In addition to the study on the...
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Congo launches works on National road 1

The launch of maintenance work on the Brazzaville / Pointe-Noire road by LCR comes a few weeks after parliamentarians questioned the state of this road. The national elected officials who...
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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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Gabon and EU enter last phase of negotiations

“There is a team of European Union negotiators that left Brussels to resume negotiations for the fisheries agreement with Gabon. The objective is to achieve a sustainable catch, the creation...
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77 billion FCFA to ameliorate water supply in Grande-Libreville

"Aware of the recurring situation of water shortage and / or under-supply in the districts of Libreville and the neighbouring municipalities, the government has decided to launch, with the support...
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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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2331 billion FCFA of excess reserves for banks of CEMAC at the end of September 2020

Between September 2018 and 2020, the outstanding bank loans to the economy of the sub-region were down by 119 billion FCFA. They explain that most of their resources are sight...
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