Equally important, the Minister received a letter from the industry regarding ongoing concerns over forex regulations imposed by the Bank of Central African States (BEAC). On this occasion, he insisted...Read More
From twelve projects initially for an investment estimated at 2820 billion FCFA, the Steering Committee (Copil) of Pref-Cemac has revised its ambitions downwards, thus reducing the number of these projects...Read More
Although one can not yet determine the duration of this health crisis, GDP in the CEMAC zone is expected to contract by around 4 to 6%. Such a development would...Read More
Businesses would, therefore, have to exchange their dollar-denominated income for francs, which would incur exchange costs and expose them to currency fluctuations. In addition, since the financing of oil companies...Read More
Indeed, the implementation of this operation is linked to the agreements concluded with the International Monetary Fund (IMF). "To benefit from this operation, the central bank asks the States, in...Read More
Due to underperformance in exports and imports, inflation is estimated at 2.8% this year, down from 1.8% a year earlier. The money supply in circulation will fall by 14.1% due...Read More
GIMAC is announcing the commercialization of integral electronic payment services at the end of the pilot phase in which the CBC, BGFIBank Gabon, BICEC, UBA, MTN Cameroon, ORANGE Cameroon, CCEI...Read More
“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...Read More
"A sharp drop, especially since the previous quarter, exports had increased by 2.1%, oil has contributed more than 88.3% to the overall evolution, while the contribution of agricultural products was...Read More
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...Read More
According to the central scenario, an economic recession of 5.9% is forecast, a slight inflationary rise to 2.5%, that is to say below the Community standard which is 3%, a...Read More
The country has complied with Community regulatory requirements for securing the reimbursement of these securities. The President of the Central African Banking Commission COBAC, also Governor of the Bank of...Read More
Gabon Special Economic Zone (GSEZ) will proceed on June 15, 2020, to the payment of interest on its bond loan issued in 2018 called “EOGSEZ 6.5% gross 2018-2028”, for an...Read More
This represents an increase of 35% compared to those generated at the end of 2018 (9.5 billion FCFA). The reserves of the countries of the Economic and Monetary Community of...Read More
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Incooperation, Economy, Featured, NEWS
Incooperation, Economy, Featured, NEWS
Incooperation, Economy, Featured, Finance, NEWS
Incooperation, Economy, Featured, Finance, NEWS
Incooperation, Economy, Featured, Finance, NEWS
