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NEWS

Gabon: Debt could reach 74.7% of GDP in 2020, according to IMF

The report also points out that this rate exceeds the convergence threshold of 70% of GDP in force in the Cemac zone, the Economic Community of Central African States (Cameroon,...
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Merger of CEMAC’s two Stock Exchanges almost complete

The actions still to be carried out for the finalization of the second phase of the merger of the financial markets of the Economic and Monetary Community of Central Africa...
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World Bank Chad’s rep meets with Finance and Budget Minister

This meeting also made it possible to review economic issues but also and above all to find compromises for the financing of numerous initiatives jointly led by the two partners.
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MTN Group promotes wearing a mask in new campaign to stop propagation of Covid-19

“Wearing masks is seen today as the most effective preventative measure to slow the spread of the virus and protect others. MTN, as a responsible corporate citizen wants to contribute...
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Cameroon spends more than 3 trillion FCFA on imports

"For example, although it is not an exporter of fuels and other lubricants, customs statistics indicate that Togo supplied Cameroon with 500,000 tonnes of these products in 2019," Nigeria, fourth,...
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Gabon seeks ways to make the wood sector productive

The minister is on tour in Ogooué-Lolo and Ogooué Ivindo, as part of a mission to control and monitor forestry and wildlife activities. In addition to the inauguration of the...
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BEAC and Cabinet Price Waterhouse Cameroon strategize on the financing of the economies of the sub-region

Thus, the inventory of the "unified regional financial market as of July 31, 2020 shows that four companies are listed, for a market capitalization of CFAF 149.5 billion. These are...
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Congo’s Postal Bank receives 10 billion FCFA from BDEAC

Beneficiary of this funding, the general manager of the BPC, Calixte Tabangoli, has indicated that through this loan the Postal Bank of Congo hopes to carry out projects and programs...
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Congo’s Public finances pay slip now electronic

E-bulletin has several advantages, in that it is available online at any time and in any place where one is, provided that one is connected to the internet from his...
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Moroccan group Walili unveils investment plans in Gabon

The CEO of the Walili group, Amine Nokta, presented the 30-year-old group, which was involved in real estate from the start. "We have several other subsidiaries, be it food, health...
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CÉMAC’s unified financial market prepares IPOs

It should be noted that the second phase of the CEMAC financial market merger project initiated in July 2019 concerns: the reform of the regulatory framework relating to market activities...
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COVID- triggers job losses in Gabon’s tourism sector

"The objective of this seminar is to take stock of all the concerns of the tourism sector and to see with the different entities what are the appropriate solutions to...
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CEMAC reforms well on course despite COVID 19 threats

We can cite, among others, the improvement of the quality of public expenditure in the States, the widening of the tax base, the increase in the level of foreign exchange...
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New World Bank Representative in Chad assumes office

A Turkish national, Rasit Pertev was previously Secretary of the International Fund for Agricultural Development (IFAD). He first joined the Bank in 2003 and has worked as a Senior Agricultural...
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