After a downward trend over the period 2016-2019, Gabon's debt ratio experienced a resurgence in 2020. According to the latest "Note of analysis on Gabon's debt", Ali Bongo's country recorded a strong increase in the debt ratio to almost 70% of GDP at the end of 2020, compared to 59% a year earlier. According to...
The mobilization of subscribers was remarkable, with more than 82.4% participation for banks, 7.7% for insurance companies, 5.6% for individuals, pension funds just over 1 , 9% of the total participation, 1.4% for companies, and finally, the participation of microfinance institutions is estimated at less than 0.9%.
According to the Ministry of the Economy, after a downward trend over the period 2016-2019, the debt ratio is again on the rise. This "debt strategy aimed at economic recovery through public investment with a concern for controlling medium-term debt ratios". However, says this department, "it is important to remember that multilateral surveillance sets the...
Under the support and economic recovery, it is proposed to provide a tax incentive for companies operating in the fields of agriculture, livestock, renewable energies; VAT exemption on fertilizers, pesticides and seeds; exemption from the rental value tax for agro-pastoral enterprises operating in rural areas; the 25% reduction on the MFI basis for agro-pastoral enterprises...
With these $ 15 million, the project is expected to benefit around 365,000 people in the provinces of Mandoul and Moyen-Chari, through the rehabilitation of around 400 km of roads and tracks.
Initiated by the Central African States Development Bank (BDEAC), the public call for savings called "BDEAC 5.45% NET 2020-2027" was presented on December 22 in Libreville. This bond loan aims to raise a minimum amount of CFAF 100 billion from households, private or public companies and institutional investors. According to the institution, the subscription period...
Although the current management team has inherited a gloomy social situation, Congo Télécom is working to restore its image. According to the deputy Maurice Mavoungou, whose commission has searched well in the accounting books of the company, "salaries are paid regularly, social contributions are paid, the IRPP, retirement pensions and provisions for those who owe...
This operation will be carried out at the applicable tender interest rate (TIAO) of 3.25%, in accordance with community provisions. Assets accepted as collateral for BEAC refinancing operations operate in accordance with the resolutions of the CPM. According to the Central Bank, for this variable rate tender, the submission deadline of which is December 9,...
Setting up projects likely to be supported by GIZ within the framework of COMSSA; mobilization of funding for the implementation of local projects; support for decentralized local authorities and FEICOM in accessing climate finance on the basis of files that meet donor requirements; the joint organization of an ’Energy and Climate Finance Forum for Local...
