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NEWS

African Energy Chamber Offers Guide for Reforms for Equatorial Guinea’s Oil & Gas Sector

In its latest 2021 Outlook however, the African Energy Chamber has called on African governments and industry stakeholders to come together and do more to support the sector’s competitiveness and...
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Hydrocarbons: a refinery will be built in the economic zone of Pointe-Noire

For the Minister of Hydrocarbons, Jean-Marc Thystère Tchicaya, this project aims to create added value by locally transforming crude oil from Congo into finished products, thus making it possible to...
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ECCAS: States invited to pay their arrears of contributions

It was also recommended to the Commission to regularize the budgetary situation for the financial year 2020 by submitting a draft budget whose financing of the Member States will be...
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720 Cameroonian SMEs to benefit from State subvention

"The lists of companies definitively retained throughout the territory have been sent to the Ministry of Finance for authorization and payment by bank transfer. These are the ten regions that...
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Gabon open to international funding for hydropower

For him, such funding is "a much better way forward", rather than asking for help from the Green Climate Fund (GCF), a new global fund created to support the efforts...
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Chadian businessmen reject new taxes

On this morning of November 21, 2020, the customs court of Ngueli, on the border of the neighboring Cameroonian town of Kousseri, is filled with trucks loaded with various goods,...
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Gabon’s Chamber of Trades and Crafts refines its operationalization

"The approval of the said statutes is an essential step in making this public professional establishment operational," said the final press release from the Council of Ministers. The structuring of...
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Cameroon’s Trade Minister schools economic operators on AfCFTA

Thus, the first modality concerns trade in goods as well as services. Our colleague specifies that the technical sheet indicates that the methods adopted are based on a tariff dismantling...
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BGFI Gabon launches online opening of accounts

"As a leading economic player, BGFIBank Gabon regularly drives innovations in the market. These innovations meet a strong objective of our institution, to operate an in-depth digital transformation, an essential...
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200 SMEs selected for assistance in Congo

Opening the launching workshop of the beneficiary selection committee, the director of the cabinet of the Minister of Planning, Ferdinand Sosthène Likouka, insisted on the vocation of Padec which is...
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Heads of oil producing States in Africa

The Ministers adopted a budget for this meeting, and decided to hold the meeting during the month of July 2021 in Brazzaville, Republic of Congo, the headquarters of APPO, subject...
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500 million FCFA to reinsert youths in Congo

On a site inspection mission on November 18 and 19, the project manager, Jean Pierre Nakountala, accompanied by the High Commissioner for the reintegration of ex-combatants, Euloge Landry Kolelas, indicated...
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Gabon’s Government validates 2020-2021 action plan for the public seervice

This plan is essentially focused on the flagship demands of state officials, in particular the securing of retirement pensions, recruitment, and the regularization of administrative situations. The government's commitment to...
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With financial deposits of 4.9 billion FCFA, Cameroon’s private sector stands out in the CEMAC zone

This regression is only observed in Gabon ”, underlines the BEAC. “The deposits collected amounted to 55 billion (12% of the balance sheet total). They increased by 4.2 billion (+...
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