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NEWS

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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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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