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NEWS

African Governments and Lawyers warned against Covid-19 induced lawsuits

The African Energy Chamber is calling on African governments and the judiciary to take actions to shield oil & gas companies and their workers from lawyers trying to take advantage...
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Cameroon’s Employer Organization releases measures to stabilize Covid-19 hit Economy

After carrying out findings on the impact of the coronavirus on Cameroon’s economy, the Business cartel in Cameroon GICAM has outlined some proposals for implementation by the government. The President...
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Danpullo Group boosts Cameroon’s Covid 19 response with 100 million FCFA

The Danpullo group, represented by the Director General of Nexttel, presented this afternoon in the Conference Room of Ministry of Public Health, a check of 100 million  FCFA  to Dr. Manaouda Malachi,...
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Chad’s Water Corporation to boost Electricity supply in the East with photovoltaic Solar power plant

Brahim Mahamat Djamaladine The water company of Chad (STE) will soon have a photovoltaic solar power plant. The installation is being carried out by Aboussimbil, a Chadian company specializing in...
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Tower Resources operations in Cameroon hit by Covid 19 restrictions

Tower Resources has announced updates in respect of its Thali Production Sharing Contract (‘PSC’) in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon, and its binding heads of terms...
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Afreximbank to provide $ 3 billion in funding to African states to mitigate the impact of COVID-19

The African Export and Import Bank (Afreximbank) will make available to African countries a credit facility totaling $ 3 billion to help adapt to the financial, economic and health shocks...
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Equatorial Guinea shortlists companies for Key Energy Projects under its Year of Investment

The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and revealed the key companies shortlisted for the execution of its landmark projects...
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UBA Cameroon donates 150 million FCFA to support Government’s Covid 19 Relief Efforts

The United Bank for  Africa – UBA Cameroon has officially handed over a cheque worth 150 million  FCFA through the UBA Foundation, to the Minister of Public Health Manaouda Malachie who received...
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African Development Bank launches 3 billion US Social Bond to fight Covid-19

The African Development Bank (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods...
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Chinese funded projects in Cameroon meet stonewall, Government swings into action

Projects financed by the Chinese government in Cameroon have been gripped by a plethora of challenges; causing some of them to be abandoned. While others  are moving at snail pace. ...
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