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NEWS

BDEAC launches 300 billion FCFA Public Service bond programme

According to BDEAC, this initiative is in line with priority objective 2 of the 2017-2022 strategic plan, which encourages the Bank to secure and diversify its sources of funding. Thus,...
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GIMAC: 263 billion FCFA processed in five years

This service is provided by Terrapay, which manages the flows of the information companies of the participants. With it, customers can receive Western Union, Express money, Instant cash, Daytona, Nobel...
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Eugenia Onyekwelu now head of UBA Gabon

Eugenia Onyekwelu joined UBA Gabon in 2012 as Director of Operations. “Over the past eight years, she has managed to immerse herself in the local culture and Gabonese macroeconomic context....
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CEMAC zone: BDEAC releases 31 billion FCFA for the financing of new private sector projects

To ensure the implementation of its strategic development plan 2020-2022, the institution intends to mobilize 300 billion CFA francs for the financing of projects with high socio-economic impact. It will...
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AfDB accords 3.5 million US dollars for Electricity interconnection between CAR and the DRC

The total cost of these activities is $ 5.97 million and will be financed up to 59.16% by the African Development Fund (ADF-15), the Bank Group's concessional rate lending window....
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Gabon’s Railway Regulatory Authority deteriorating financially

At the time of Justin Ndoundangoye, former Executive Secretary of the ARTF and former Minister of Transport, reveal the same agents, a mechanism ensured that the salaries of ARTF agents...
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IZIWAY plans to position itself as Cameroon’s online business platform

Those responsible for the platform have spared no effort to provide this opportunity to the public. “We put all of our sales people to work on this operation in order...
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Congo to modernize its Administrative information system

Funded by the European Union to the tune of 400,000 euros, through the Cotonou investment facility implemented by the European Investment Bank, this project benefits from technical support from the...
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Gabon’s Economy Minister clears the air on tax Exemptions for Oil companies

f the ministry notes that there have been transactional agreements for the benefit of oil companies, it notes that "the authors of this erroneous information confuse regulatory penalties and transactional...
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79.5 million FCFA to rehabilitate and extend water supply in N’Djamena

It aims to improve the living conditions of residents through better access to drinking water in urban and peri-urban areas of the Chadian capital. "These conventions have political issues because...
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Cameroon’s Finance Minister challenges banks to go Digital

As an impact of this movement, the national treasurer hopes "an enlargement of the range of products and services to be offered to Small and medium-sized enterprises, Very small enterprises...
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Congolese youths hailed as pillars of innovation

“The youth layer is essential in innovation. Also, we cannot talk about digital transformation without adequate infrastructure. In Congo, we have digital infrastructure and fiber optics that facilitate entrepreneurship in...
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Gabonese MPs express doubts over 2021 Finance law but keen to follow Government directives

In the amended finance law of 2020, they amounted to CFAF 3,047.1 billion. It is therefore a decrease of 365.6 billion, as presented by the Minister of Budget and Public...
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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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