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NEWS

Equatorial Guinea Signs First and Historic Mining Contracts

The Ministry of Mines and Hydrocarbons has signed the very first mining contracts in the country’s history. Five Mining contracts were signed with three different companies and follow the conclusion...
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Chad’s private press threaten to strike over Covid 19 difficulties

Private television and radio stations in Chad grant have a three-day respite to the new Committee in charge of managing the Covid 19 crisis. On May 9, they threatened to...
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800 Billion FCFA loss in Cameroon’s economy due to Coronavirus

The information is from the Minister of Finance, Louis Paul Motaze, who revealed it during a press conference organized in concert with the Minister of Communication René Emmanuel Sadi, Wednesday...
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Motaze downplays BEAC’s Devaluation hypothesis, insist CEMAC States are working hard to eradicate Coronavirus

According to the Minister of Finance of Cameroon, the CEMAC states are working to mitigate the effects of the coronavirus on monetary parity. “The risk that hung over our heads...
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Cameroon Breweries to maintain production despite Covid-19

It is the epitome of a press release signed by members of the Cameroon Alcohol Producers Association CAPA which also has Sofavinc and Fermencam as members. In a press release...
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CAMTEL gets new improved Certification in Cameroon

“CAMTEL  is now ISO 9001/2015 certified in its wholesale segment,” has been the message for the past few days by the telephone operator on its various web platforms. ISO 9001...
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Sixty donors contribute 700 million tons of basic needs to Gabon’s food bank

Since its creation and the effective launch of its activities, until the end of the second distribution phase completed this weekend, the Food Bank has benefited from the support of...
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Prudential Beneficial maps out effective strategies to deal with Coronavirus threat

One of Cameroon’s biggest Insurers in on the frontlines against the coronavirus . Prudential Beneficial has announced a series of measures to tackle the global pandemic. According to the Group...
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Gabon sets May 20 as deadline for 9 digit telephone switch

The Regulatory Authority for Electronic Communications and postal services ARCEP has set May 20 as the final deadline for the migration period to the new 9-digit numbering plan that came...
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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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