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NEWS

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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Cameroon registers 40% execution of Public Investment Budget in Q1 2020

Due to the difficulties recorded in the execution process and further accentuated by the Coronavirus pandemic, several regions have been affected by this pandemic. In the Central region, for example,...
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Chad seals 100 million FCFA deal with Development Gateway

After signing this convention, the Minister of the Economy, Development Planning and International Cooperation, Dr Issa Doubragne reminded the audience that this tool will allow information on foreign aid to...
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Gabon: Preliminary draft of the Investment Code under review before its presentation to the Council of Ministers

"The present draft Investment Code, submitted for our examination and validation, has the main ambition to restore the confidence of national and foreign investors and to guarantee the conditions to...
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Congo’s Tax Directors charged to overcome Economic challenges

According to Hermman Rodney Gouellet, the controls and services department, for example, has many challenges to overcome, the first being to have competent staff so that this department can support...
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Prices of Basic commodities in Cameroon increase by 2.5%

As part of conservative measures, the National Institute of Statistics proposes to the government, in order not to reach the Community inflation threshold: "to continue to ensure that the market...
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Congo’s Business mediation center goes operational

The training of arbitrators and mediators launched by Prosper Bizitou, general administrator of Cemaco, made it possible to strengthen the capacities of the participants on the tools and techniques in...
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Equatorial Guinea implements Economic changes for a sustainable future

"After the recent crisis, it is estimated that our Gross Domestic Product would fall by about 6% in 2020, compared to an initial forecast of a 1.6% drop. In a...
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In Central Africa, Economic Recovery Must Go Through a Reform of Forex Regulations – Leoncio Amada NZE

Of the six member states, only Cameroon is a net oil importer. However, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon are more dependent on oil than Cameroon, which accounted for around...
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Cameroon begins Budget programming conference to fine-tune Public spending

According to the Minister of the Economy, Alamine Ousmane Mey, “Cameroon has chosen strategic planning based on results-based management to conduct its public policies. At the heart of this process...
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