To ensure the implementation of its strategic development plan 2020-2022, the institution intends to mobilize 300 billion CFA francs for the financing of projects with high socio-economic impact. It will submit the request for authorization of bond issues by public offering to the general meeting of shareholders. If the latter authorizes it, the fundraising operation...
f the ministry notes that there have been transactional agreements for the benefit of oil companies, it notes that "the authors of this erroneous information confuse regulatory penalties and transactional agreements". For the ministry, "these authors believe, wrongly, that these companies had expressed the will to pay their regulatory penalties which set at the highest...
As an impact of this movement, the national treasurer hopes "an enlargement of the range of products and services to be offered to Small and medium-sized enterprises, Very small enterprises and individuals, a reduction in the time and costs associated with obtaining banking and credit facilities, and an increase in the rate of banking and...
In the amended finance law of 2020, they amounted to CFAF 3,047.1 billion. It is therefore a decrease of 365.6 billion, as presented by the Minister of Budget and Public Accounts six weeks earlier. According to the daily L’Union, the vote on this law during the plenary session of November 25 at the National Assembly...
On this morning of November 21, 2020, the customs court of Ngueli, on the border of the neighboring Cameroonian town of Kousseri, is filled with trucks loaded with various goods, the engine off. All around, drivers and other apprentices spend their time in the shade of the desks playing ludo.
This regression is only observed in Gabon ”, underlines the BEAC. “The deposits collected amounted to 55 billion (12% of the balance sheet total). They increased by 4.2 billion (+ 8.4%) in one year. This progression is only observed in Cameroon (4.9 billion, or + 10.3%). In Gabon, deposits fell by 653 million (or -...
The focal points of these projects are, among others, modernizing the road networks linking several countries in the sub-region; develop the production of energy interconnection or develop optical fiber. During the discussions, it was revealed that the sub-region is indeed very late in terms of the speed of computer flows.
"We are ready to resume value-added development activities on the Dussafu license, with the connection of wells for phase 2 of Tortue in mind, and to relaunch the Hibiscus / Beehive project using a converted drilling rig in order to reduce investment, the time required for the first oil extraction and the ecological footprint, ”said...
For the Interim Chargé d'Affaires at the Delegation of the European Union in Cameroon, Sébastien Bergeon, "the efforts to fight Covid-19 can only bear fruit in the long term as part of a comprehensive approach. Africa and Europe have chosen to join hands to, together, face the repercussions of this pandemic, in particular with increased...
