Both initiatives have benefited from foreign funding. ABC-Pader has benefited from a joint envelope from the European Union and Germany amounting to 12.725 billion FCFA. As for Procoton, which is only supported by Angela Merkel's country, it has received funding of CFAF 1.9 billion. As for the specific case of the latter project, it is...
The national response to Covid-19 was at the center of discussions between the Minister of Health and the European Union (EU) ambassador to Gabon on November 5 in Libreville. Rosario Bento Pais discussed with Guy-Patrick Obiang the terms of payment of the contribution of 200 million CFA francs, provided by the voluntary association of European...
According to Gatien Ondaye Obili, the head of the credit, capital market and bank control department at the central bank, the development of the Congolese financial market performance is linked to statutory reforms and the expansion of investment possibilities with a quality active.
“Comparisons between these two periods show an increase of 57.8% on onshore and offshore calls. Precisely, at the end of the 3rd quarter of 2019, the Port of Kribi had recorded 76 stopovers against 120 stopovers on behalf of the 3rd quarter of 2020 ”, says Philomène Nzameyo, in charge of for statistics at PAK.
The volume of undeclared activity in view of their turnover reached 11.4 billion FCFA in 2018 and 16.7 billion FCFA in 2019, for a total of 27.8 billion FCFA. On the non-repayment of the annual forestry royalty, the calculation of this variable made it possible to identify 75 forestry companies (out of 158 holding at...
"Communication credits are a commodity, a product or a service which is only used for telephone services and which, even if they have a market value, are not means of payment or currency", specifies the Governor of the BEAC, stressing that "they are created by companies that are not payment service providers authorized to issue...
This overweight is justified by the combination of several factors, in particular "the evolution of the exchange rate between the currencies of the two countries. The South African Rand over the period under review lost 15% of its value against the CFA. Which contributes to inflate the income when it is converted.”
However, the Minister of the Economy has been informed that several taxpayers are having difficulty applying the new rate of benefits in kind. "It comes back to me from the services of the General Directorate of Taxes (DGI) that many taxpayers encounter difficulties in applying this change in their management decisions," said Jean-Marie Ogandaga, in...
Nagoum Yamassoum warns the public about the risky nature of such investments and advises to remain cautious about offers from direct sellers promising guaranteed high returns. "Any entity or person engaging in public canvassing in order to make unregulated investments is liable to prosecution in accordance with the legal and regulatory provisions in force," warned...
