The Government is mapping out the 2021-2023 plan when the National Development Strategy 2020-2030, has still not been published. Experts believe the document must synthesize the next axes of development which will allow the country to reach emergence in 2035 and, above all, to catch up with the delay of the poor performance of the...
Until this first agency obtains an approval from the Central African Financial Market Supervisory Commission (COSUMAF), the CEO of HPS International Consulting SA has engaged in consultations to select experts and analysts from the financial world. internationally renowned financiers who will sit on the rating committee of Ewatch Africa Investment Analytica SA
The settlement of the external debt (88% of payments) was made to the tune of 570.1 billion CFA francs in the 1st quarter of 2020 against 116.9 billion CFA francs in the same period in 2019. The payments mainly related to the debt of the international financial markets (75.6% of the shares) amounting to 490...
Bank analysts warn that Gabon, like much of the globe and the rest of the continent, could fall into recession in 2020, and estimate a negative real GDP growth rate of -1.7% for the country, due to the pandemic.
Under the terms of the new decree, PCAs benefit from a salary, the terms of which are fixed by the Board of Directors of each entity. PCAs carrying out another remunerated public activity will only be entitled to an occasional flat-rate allowance. The terms and amount of this allowance are set by the Board of...
Indeed, according to the modifications recently carried out in article 15 of the law n ° 047/2018 of January 30, 2019 determining the resources and the loads of the State for the year 2019, the new article 15 henceforth exempts from this contribution "Gabonese benefiting from the support of social meters".
Since April 2020, the public treasury has been requesting the BEAC securities market, as part of a vast fundraising program for a total amount of CFAF 220 billion. The Cameroonian Parliament had in fact, within the framework of the Cameroon Finance Law for the financial year 2020, authorized the government, “to use issues of public...
"I am pleased to have obtained the funding necessary to continue the growth of Cofina Gabon," Cofina Gabon Chief executive revealed.. "It will allow us to continue to meet the needs of Gabonese SMEs at a very difficult time because of the pandemic of the new coronavirus," Yvan N’na Mboma said.
These payments to the State are distributed as follows: $ 60.3 million to the General Directorate of Hydrocarbons, or $ 46.1 million in kind based on production; $ 12.9 million in royalties and $ 1.3 million in fees. In addition, $ 25.9 million to Gabon Oil Compagny for $ 22.6 million in kind based on...
