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NEWS

Government orders Contractors to use “legal” Cameroonian wood in the execution of public works

“Henceforth, therefore, the use of this wood is obligatory in the realization of all the works and supplies forming the object of public order… It is a question for the...
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Chad benefits from 15 billion FCFA World Bank support for post-COVID 19 revival

With these $ 15 million, the project is expected to benefit around 365,000 people in the provinces of Mandoul and Moyen-Chari, through the rehabilitation of around 400 km of roads...
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Equatorial Guinea Makes Advances on 100-Day Mining and Petroleum Milestones

The MMH has drafted and concluded a new onshore drilling plan as well as preliminary studies to identify targets in its continental basins. Negotiations with Cameroon for the joint development...
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BDEAC unveils “2020-2027” bonds to finance CEMAC Integrative projects

Initiated by the Central African States Development Bank (BDEAC), the public call for savings called "BDEAC 5.45% NET 2020-2027" was presented on December 22 in Libreville. This bond loan aims...
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Cameroon projects 3.3% growth rate for 2021

According to the Director-General of Budget at MINFI, some of these measures have been taken into account in the state finance bill for the 2021 fiscal year. Cyril EDOU ALO'O...
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Equatorial Guinea Outlines a Path Towards Oil & Gas Industry’s Road to Recovery

As Equatorial Guinea renews with stronger investment inflows, it will also see new drilling activity. Three wells are notably expected to be drilled by Trident Energy on Block G: ALON...
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Facebook expresses interest to establish in Gabon

A bit sceptical, Edgar Anicet Mboumbou Miyakou wanted to meet with experts in the field and the various officials of the structures under supervision before giving the government discharge. The...
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CEMAC countries brace up for AfCFTA

If at the level of certain states such as Cameroon, the regulation of competition is already regulated, this is not the case at the community level. Hence the urgency to...
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Gabon’s Urban planning Agency prepares to roll out 2021 plan

The National Agency for Town Planning, Topographic Works and Cadastre (ANUUTC) held a Board of Directors on December 18 in Libreville. The sale chaired by Léon Paul Mvouba Okori set...
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Germany provides 33 billion FCFA funding for reproductive health and rural infrastructure development in Cameroon

In detail, the first agreement falls within the framework of technical cooperation. Worth 32 million euros, the latter is devoted to financing local development, civil status, and regional planning. The...
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Gabon records 59%drop in Transport revenue in nine months this year

The health crisis resulting from Covid-19 has had a strong impact on the air transport sector in Gabon. According to the National Civil Aviation Agency (Anac), based on figures from...
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WFP organize a forum to promote cassava transformation in Congo

Constituting the staple food of the Congolese population, cassava is cultivated by nearly 98% of farmers. Due to the lack of development of the value chain, the product barely covers...
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Gabon budgets 20 billion FCFA for Agriculture in 2021

This money, he told senators, will be used to reduce food imports and develop an agri-food industry at the national level. This will specifically finance the program for the establishment...
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Cameroon’s Prime Minister inaugurates Douala Grand Mall

The project team indicates that the second phase of the project is preparing calmly and the 30 billion FCFA for its implementation have already been mobilized. It will include a...
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