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Congo and European Union deepen Cooperation

The European Union (EU) is one of the partners of the Republic of Congo with a portfolio estimated at nearly 50 billion FCFA for around twenty socio-economic projects. At the end of his mandate, the EU ambassador, Giacomo Durazzo, discussed the state of cooperation with Congo on 9 July in Brazzaville.    The outgoing EU...

IRAD to spearhead Rice Development Project in Cameroon

It is through a protocol of two agreements signed on July 8, 2024 with the Ministry of Agriculture and Rural Development, that the Agricultural Research Institute for Development (IRAD) will contribute its touch to boosting rice seed production in Cameroon. According to the terms of this protocol, during the next 3 years, Irad will focus...

Gabon submits to the terms of EITI and IMF, Gains Reintegration

In response to international demands, Gabon is undertaking an unprecedented approach to transparency in the management of its extractive resources. The country is committed to making public contracts and permits in the oil, mining and forestry sectors. What are the challenges and benefits for the transitional government? Gabon is taking a decisive step towards greater...

IMF Approves 72 Billion FCFA for Cameroon after 6th Economic Review

The International Monetary Fund IMF Has approved, on the one hand, the 6th review of Cameroon ‘s Economic and Financial Program 2021-2024 supported by the Extended Credit Facility (ECF) and the Extended Credit Mechanism (EFF) of the fund and, on the other hand, the first review of the agreement supported by the Resilience and Sustainability Facility (RSF) of...

Cameroon Domestic debt repayment falls by 32%

These amounts showed a downward trend between the first quarters of 2023 and 2024 according to the Long and Medium Term Economic and Budgetary Programming Document 2025-2027 published by the Ministry of Finance, in view of the Budget Orientation Debate in the National Assembly. According to the document published by officials of the Ministry of...

Cameroon executes first container shipment of Alluminium to Algeria under the Africa Continental Free Trade Area

The cargo loaded this Friday under the supervision of the Minister of Commerce from the port of Douala-Bonabéri, thus constitutes the first export from Cameroon under this project. It will benefit, as such, from the preferential customs tariff of the African Continental Free Trade Area. A ship loaded with 100 tons of aluminum ingots left...