To implement this private project at a total cost of 10.4 billion CFA francs Global Development. The BDEAC grants a loan of 5 billion CFA francs, or 48% of the total cost while the BSCA-Bank grants a loan of 2.6 billion CFA francs or 25% of the total cost, Global Developpement puts as equity 2,...

According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support to SMEs and the private sector, through lines of financing to banks local and financial institutions. In particular, it will assist in the development of...

However, year-on-year, loans granted to the private sector increased by 2.9% to CFAF 1,132.6 billion in December 2020. They represented 70.9% of total loans against 67.9% in December 2020. This availability of resources would have made it possible to support private sector actors during the last health crisis.

According to the Minister of SMEs, craftsmanship and the informal sector, Yvonne Adelaide Mougany, the goal has been achieved, that of engaging entrepreneurial culture among young people and women. All social layers have been selected in this national private sector support initiative, as women account for 31% of all winners and 14% for vulnerable people.

The Bank thus hopes to get its hands on the operators who are at the origin of the current account deficit observed during fiscal year 2020. If the exact figures of this deficit are not communicated, the media are still talking about a considerable deficit which has led, in recent months, to a reduction in...

According to Agence France Presse, to date, 46 countries out of the 73 eligible, have requested and obtained a postponement of the payment of interest, for an amount of 5.7 billion dollars.

To secure and maximize state revenue, the Ministry of Finance and Budget has set up the Single Payment Window (GUP) for the collection of taxes. Within one month of operation, this device housed within the Postal Bank was able to collect around 40 billion FCFA.

“6000 people including 1000 households will benefit from this project in the towns of Bibemi, Zina and Poli. They will be trained in the use of solar energy systems, in ecological briquette manufacturing techniques, in biomass manufacturing techniques, all of this to enable the availability of clean, affordable and more efficient energy ”, Valérie Nkue,...

“We spearheaded strategic investments in our digital banking and technology platforms to further promote self-service banking; we have also focused on enhancing the capabilities of our people through various online capacity development programmes,” Elumelu added, “Our African operations have contributed approximately 55% of our profits for the year,illustrating that we are truly a pan-African bank.”