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NEWS

Chad suffers economic shocks from Covid 19 pandemic

Despite the dreaded disaster, the country's authorities have worked tirelessly to absorb the shock anyway. It is true that the measures taken have far-reaching effects on the labor market and...
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ANOR partners with SME’s in the oil and gas sector to facilitate product certification

Concretely, the aim was to prepare the companies to subcontract to the National Hydrocarbon Company (SNH) and other structures working in the oil and gas sector. The BSTP and its...
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Gabon’s public debt: 648.0 billion FCFA settled in the Q1 of 2020

The settlement of the external debt (88% of payments) was made to the tune of 570.1 billion CFA francs in the 1st quarter of 2020 against 116.9 billion CFA francs...
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Ngueto Tiraina named FAGACE chief

Ngueto Tiraïna Yambaye is, in fact, a high-level economist specializing in International Finance and Financing Strategy. He has over 25 years of international and national experience. Former Minister of Economy,...
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African Development Bank approves 100.5 million euros budget support for COVID-19

Bank analysts warn that Gabon, like much of the globe and the rest of the continent, could fall into recession in 2020, and estimate a negative real GDP growth rate...
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New Managers for Cameroon’s Chantier Naval

Failure in realizing the plan led to the dismissal in 2018 of 270 CNIC employees for economic reasons. It must be said that the company has experienced permanent discomfort for...
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Gabon records increase in Petroleum and decreased exports in Q1 of 2020

The note also points out that “conversely, crude oil exports fell 20.2% to 2.35 million metric tonnes, due to weak demand, linked to the glut of 'international offer'. Explanation: “the...
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New remuneration for Board Chairpersons in Chadian companies

Under the terms of the new decree, PCAs benefit from a salary, the terms of which are fixed by the Board of Directors of each entity. PCAs carrying out another...
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Equatorial Guinea adopts New Petroleum Regulation

“This new Regulation gives an opportunity to the Republic of Equatorial Guinea to continue being a world reference in the hydrocarbons sector. To maintain our position, we must be prepared,...
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Gabon: Tax on household waste maintained for some and not for others

Indeed, according to the modifications recently carried out in article 15 of the law n ° 047/2018 of January 30, 2019 determining the resources and the loads of the State...
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CEMAC spearheads project to electrify Gabon from Equatorial Guinea

The project is part of the objectives pursued by the countries of Central Africa to make their sub-region, "an emerging integrated space, where security, solidarity and good governance prevail for...
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Camair co lays off over 300 workers today, trade unions reject move

The decision has not gone down well with trade union leaders. The air transport unions has urged Camair-co employees to reject this technical leave. This decision was taken on June...
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Clustering in special economic zones can boost Central Africa’s creative industry, says ECA’s Pedro

“The complexity and opacity of the production and monetization chain within the creative industries in Africa makes the sector more informal and discourages investors and insurers from contributing to its...
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CEMAC and ECCAS for unique industrial and diversification agenda

“The project of developing a unique industrialization and economic diversification strategy for Central Africa is therefore godsend to enable us work together around the common value chains that will provide...
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