The vibrant banking landscape of Africa is revealed in the latest 2024 ranking of the top 30 African banks. From the southern tip in South Africa to the northern reaches of the Maghreb, and extending into Sub-Saharan Africa, these financial powerhouses are driving the continent’s economy. Unveiling the financial giants of Africa, we present the...
On behalf of the Gabonese State, the Minister of Energy and Water Resources, Jeannot Kalima, received, on August 12, an additional batch of generators intended to increase the energy supply in the hinterland. This donation of 8 devices is to be credited to the international group Arise IIP and is part of its Corporate Social...
The privately-owned bank provided this information in its recent activity report, which also indicates the significant impact of the digitalization of its services as a lever for its performance. Up 20.1% compared to 2022, the creation of 43,679 new accounts was made possible thanks to the digitalization of services observed within this banking establishment. According...
With a public debt rate estimated at 96% of the Gross Domestic Product (GDP), Congo is still classified as over-indebted by the World Bank (WB). Getting out of over-indebtedness would require a strengthening of debt servicing, administrative procedures and audits. Fiscal and debt sustainability are key priorities for the Congolese government in the short term,...
The recovery of the Congolese economy continues with a growth rate of the gross domestic product (GDP) estimated at 3.5% this year, against 1.9% in 2023. Congo can count on the performance of the oil sector but the situation remains volatile, warns the World Bank (WB). The positive growth curve is progressing mainly thanks to...
he regional meetings ended on July 19, across the national territory. The meetings aimed, among other things, at the effectiveness of the interventions carried out on the national road network with an emphasis on the coherence between the actions to be carried out during the year 2025, the needs identified, the priority axes and the...
The African Development Bank (AfDB), through the African Natural Resources Management and Investment Center, is organizing, this August 14, a virtual workshop to validate six diagnostic reports of the multi-country project on the governance of natural resource outflows for better economic resilience in fragile and transition countries (Gonat). The reporting process was subject to three...
From August 15 to 19, Libreville will host the first Independence Trade Fair, an event organized by the Ministry of Commerce, SMEs-SMIs, through its General Directorate of Commerce (DGC). Placed under the theme “The promotion of local know-how and development of trade”, this initiative is part of a dynamic of promoting local products and strengthening...
A few weeks after the Head of State entrusted him with the management of the general directorates of customs and taxes, the Minister of the Budget, Public Accounts and Public Portfolio, Ludovic Ngatsé, made his first visit to these two main financial authorities on August 8, to encourage them to maximize revenue and replenish the...
