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NEWS

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BDEAC and BSCA grants credit to Global Developpement S.A

April 16, 2021By
To implement this private project at a total cost of 10.4 billion CFA francs Global Development. The BDEAC grants a loan of 5 billion CFA francs, or 48% of the...
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Brazzaville prepares to host the annual meetings of the African Development Bank

April 15, 2021By
The Congolese capital is, in fact, used to hosting pan-African and international meetings. For the time being, the mission reserves the right to comment on this matter. She continues to...
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Cameroonian born Raoul Keddy named to the Houston Office of Business Opportunity

April 15, 2021By
Raoul Keddy is an international business & affairs consultant, government Relations & public affairs expert, speaker and lobbyist. He is the Founder & Managing Director of Raked Intl LLC. Through...
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Cameroon and ITFC seal 250 million US Dollar deal to strengthen Economy

April 15, 2021By
According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support...
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BEAC envisages Economic recovery in the CEMAC zone

April 14, 2021By
Thus, for this year, the Monetary Policy Committee of the Bank of Central African States predicts, in particular, a real gross domestic product (GDP) growth rate of 1.%, against -2.1%...
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Credit to the Gabonese State drop by 22% in 2020

April 14, 2021By
However, year-on-year, loans granted to the private sector increased by 2.9% to CFAF 1,132.6 billion in December 2020. They represented 70.9% of total loans against 67.9% in December 2020. This...
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147 Congolese Enterprises to benefit from 1.3 billion FCFA

April 14, 2021By
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

April 12, 2021By
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

April 12, 2021By
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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DRC’s Extractive sector at the heart of the country’s GDP

April 12, 2021By
In figures, this economic growth was only 1.7%, whereas it had crossed 4.4% in 2019. This low growth rate was possible with the performance recorded on the mining site in...
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First phase of the Yaounde Douala Motorway to be operational in November 2021

April 11, 2021By
On the first 40 km of the motorway, it rolls easily. All that remains is the installation of 2 toll booths. In the last section, there is grain to grind....
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CEMAC Commission head hails Gabon’s Log policy

April 11, 2021By
According to Prof. Daniel Ona Ondo, chairman of the Commission of the Economic and Monetary Community of Central African States (CEMAC), the measure taken by Ali Bongo banning the export...
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Single Payment Window earns Congolese Treasury 40 billion FCFA

April 11, 2021By
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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Gabon’s Trade volume fall by 5.5% in 2020

April 11, 2021By
During the official first contact meeting, the new FAO resident representative wanted to reassure the Congolese side of its willingness to realise priority projects. The fight against poverty and food...
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