Surrounded by all the notables, economic and political elites of the Western region, the Prime Minister proceeded with the official opening of this infrastructure intended for the development of economic activity in this part of the country. The Prime Minister in fact unveiled the inaugural plaque of the Youpwe landing stage and fish market in...

State budget management was at the center of a government seminar this Monday, December 23 in Libreville. Chaired by the Prime Minister of the Transition, Raymond Ndong Sima, these discussions focused on the strategy to be implemented for better control of public finances. The emphasis was therefore placed on three main axes, namely the main...

The Central Bank is counting on a consolidation of growth in the Economic and Monetary Community of Central Africa (CEMAC) to 2.7% in 2024 against 2% in 2023. At the sub-regional level, according to the Bank of Central African States (BEAC), this consolidation follows the good performance of non-oil activities. The assessment of the economic situation...

In order to reduce its dependence on this matter, Gabon plans to create a digital and industrial technology park in 2025 that will produce its own equipment. A fundraising campaign to finance this ambitious project is in the pipeline. Providing Gabon with a space entirely dedicated to high technologies in the digital and industrial fields....

To address Cameroon’s high food dependence on imports, the government has launched a vast land security project covering 400,000 hectares on the Yoko-Lena-Tibati corridor. The aim is to stimulate local production of food crops and reduce the cost of cereal imports. The Cameroonian government is going on the offensive in the face of food challenges....

The SONARA rehabilitation project, which was severely affected by the 2019 fire, is entering a new phase. The Cameroonian government, with the support of the IMF, is examining the feasibility of integrating a hydrocracking unit into this refinery, which is vital to the country’s oil industry. The rehabilitation of the National Refining Company (Sonara), one...

Faced with renewed interest from commercial banks in refinancing operations, the Bank of Central African States (BEAC) increased its liquidity offer to 220 billion FCFA on December 17, 2024. This increase of 60 billion compared to the two previous operations aims to meet the growing needs of credit institutions, stimulated by the end-of-year holiday period....

In an increasingly interconnected global economy, collaboration among business organizations is essential for fostering growth and innovation. Today marks a significant milestone as the American Chamber of Commerce, the European Chamber of Commerce, and the UK Cameroon Chamber of Commerce come together to sign a Memorandum of Understanding (MOU). This Memorandum of Understanding bringing together...

The Congolese Minister of Industrial Development and Private Sector Promotion, Antoine Thomas Nicéphore Fylla Saint Eudes, was elected current President of the Board of Directors of the African Intellectual Property Organization (OAPI), with the key to organizing the 65th ordinary session in December 2025 in Brazaville The Republic of Congo will be replaced in the exercise...