“We applaud the BEAC for listening to the private sector concerns and for adopting a pragmatic approach to foreign currency regulations in the wake of the ongoing crisis caused by the Covid-19 pandemic and the historic crash in oil prices. Such a move falls in line with the African Energy Chamber’s commonsense agenda to help...

The members of the Board of Directors also discussed the financial situation of the bank in the context of a health crisis due to the coronavirus. "The BDEAC is doing well," assured Fortunato Mbo Nchama. The bank's key indicators are on the rise, with a profit of 15.2 billion FCFA in 2019, against 11.5 billion...

The second agreement concerns the Global Environment Facility (GEF). It is valued at 5.3 million US dollars or about 4 billion CFA francs. It supports the Reinforcement of Resilience to Food and Nutrition Insecurity in the Sahel (P2RS) Project, which is currently underway. P2RS covers all the member countries of CILSS. It will contribute to...

Estimated in millions of US dollars, the contribution of the Gabonese diaspora is again the least important on the continent, arriving three places before the last (Sao Tome and Principe, Seychelles and Angola). It does not reach 5,000 dollars, or nearly 2.9 million CFA francs.

Two financial agreements worth 7.35 million euros were signed on July 8 in Brazzaville between the Minister of Finance and Budget, Calixte Nganongo, the French ambassador to the Congo, François Barateau , and the Director of the French Development Agency, Lionel Cafferini.

Accessible from the portal e. customs (project launched by the Ministry of Finance to modernize customs, in order to secure receipts), EKENGUE allows economic operators to automatically download the data of their transit declarations from SydoniaWord.

With a single access code, customers can independently and easily access a wide range of basic services and innovative features. Among these, the daily management and monitoring of their accounts. This service includes consultation of accounts, single or multiple bank transfers (national, CEMAC zone, international and permanent), management of means of payment (order of bank...

Concretely, this fundraising operation will take place in several phases. The first will take place from July 8 to 27, 2020. During this period, Cameroon wants to raise 50 billion FCFA through assimilable treasury bonds (BTA), including 20 billion FCFA with a maturity of 13 weeks, 20 billion for 26-week assimilated treasury bills and 10...

Abunaw further explains that "the migration of our banking system brings more flexibility in the management of all our customers. For our Business and SME customers, we have updated OmniPlus and developed Ecobank OmniLite, a payment platform accessible online and on the mobile phone. These tools allow efficient management of corporate clients' cash cycles and...