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NEWS

Cameroon’s Finance Minister promises to put recent IMF to judicious use

On May 4, 2020, the Board of Directors of the International Monetary Fund (IMF) granted a new loan of CFAF 135 billion to Cameroon. Money that will be entirely devoted...
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CAR debt moratorium at the heart of discussions between Minister Dondra and international financial partners

The issue of temporary suspension of debt service for the poorest countries, including the Central African Republic through the G20, was at the heart of discussions this Wednesday, May 6,...
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Alafia wincovid-19: A strategic application for tracking risky cases in Gabon

DigiitaLink, a start-up evolving in the field of web and mobile application development offers an innovative solution in the fight against Covid-19. Its application “Alafia wincovid-19 is a decision support...
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BW Energy sets ambitious plan despite covid-19

BW Energy gave an update on May 4 of its activities on Dussafu Marin, located off the coast of Gabon. If the oil company currently produces 17,500 barrels per  day...
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Cameroon raises 34 billion FCFA in third Treasury Bond operation

Though expecting 50 billion FCFA, the  State of Cameroon is  satisfied with  34 billion FCFA, obtained on the money market on April 29, 2020. It was during its third operation...
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Cameroon Government announces expansion of the Pharmaceutical industry

This is one of the resolutions of the  Cabinet meeting  chaired on April 30, 2020 by the Prime Minister of Cameroon in Yaoundé. On April 30, 2020, Prime Minister Joseph...
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Gabon’s Oil sector suffocate under Coronavirus restrictions

Restrictive measures taken by the government to fight the spread of Covid-19 have a strong impact on the oil sector. The operators are asking the government to make it easier,...
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Gabon eases procedure to create Limited Liability companies SARL

To improve the business climate and its ranking in the next Doing Business report, Gabon recently announced the promulgation of a law on the simplification of the creation of Limited...
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Chadian youths discuss economic revival after covid- 19

During a press conference on Sunday morning, the Association of Young Economic operators presented a plan to support businesses after the covid-19 crisis. The joint covid-19 crisis intervention and management...
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According to International Budget Partnership, Chadians are sidelined from the budgetary process

In the Open Budget Survey 2019 established by the International Budget Partnership, Chad scores 0 out of 100 compared to public participation in the budget process. Transparency alone is not...
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Central African Republic lauds Patapaye project despite challenges

The Minister of Finance and Budget of the Central African Republic has praised efforts made in digitizing the civil service despite the low penetration of internet in the country. Henrie-Marie...
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Andre Alexis Megudjou named Managing Director of CCA Bank

It was at the end of the CCA Bank’s board of directors held on April 28 that the news came. André Alexis Megudjou is the new managing director of the...
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Chadian Startup specializes in transformation of Dates

“Délices” is a startup specialized in the transformation of dates. It is the initiative of a group of young women whose ambition is to enhance and promote local dates all...
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Gabon pleads for the cancellation of Africa’s debts

Gabon, like other countries on the continent, calls for the cancellation of the debt of African countries without distinction of category. The announcement was officially made by Prime Minister Julien...
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