Archives des cemac - Page 9 of 10

For Alamine Ousmane Mey, President of the 2020 African Caucus of the World Bank Group and the IMF, “hosting the African Caucus meeting on Covid-19 confirms the commitment of African...

Incooperation, Economy, Featured, NEWS

UEAC member states meet to roll back COVID 19 Economic shocks

August 5, 2020ByLa Rédaction

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...

Incooperation, Economy, Featured, NEWS

Elimination of roaming charges planned from January 2021 in the CEMAC sub region

July 20, 2020ByLa Rédaction

To give a boost to the integration process, CEMAC also intends to rely on telecommunications. “It would be wise for CEMAC member states not to miss the deadline of January...

Incooperation, Economy, Featured, Finance, NEWS

GIMACPAY, the converged card, mobile and transfer ecosystem now a reality

July 14, 2020ByLa Rédaction

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...

Incooperation, Economy, Featured, Finance, NEWS

African Energy Chamber Salutes BEAC’s Authorization to Open Foreign Currency-labelled Escrow Accounts

July 13, 2020ByPeter Nsoesie

“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...

InEconomy, Featured, NEWS

BEAC report reveals a 14.9% drop in CEMAC exports

July 11, 2020ByPeter Nsoesie

"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...

InCompanies, Economy, Featured, Finance, NEWS

Distance Banking in Gabon: “BGFI Cash Management”, an innovative solution for businesses

July 8, 2020ByLa Rédaction

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....

InEconomy, Featured, Finance, NEWS

Cameroon to raise 110 billion FCFA from BEAC financial market in Q3 of 2020

July 8, 2020ByPeter Nsoesie

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...

Incooperation, Economy, Featured, NEWS

Chad seals 54 billion FCFA accord to improve electricity supply

June 30, 2020ByLa Rédaction

According to the Minister of Economy and Development Planning, Issa Doubragne, the Cameroon-Chad interconnection line is one of the flagship projects selected in the energy master plan of the CEMAC...

InEconomy, Featured, NEWS

CEMAC economic recession could hit 6% according to BEAC

June 29, 2020ByLa Rédaction

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...

InCEO, Companies, Economy, Featured, Finance, NEWS

HPS Boss Prosper Sugewe births financial rating agency in Cameroon

June 29, 2020ByLa Rédaction

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...

Incooperation, Economy, Featured, NEWS

CEMAC spearheads project to electrify Gabon from Equatorial Guinea

June 22, 2020ByLa Rédaction

The project is part of the objectives pursued by the countries of Central Africa to make their sub-region, "an emerging integrated space, where security, solidarity and good governance prevail for...

Incooperation, Economy, Featured, NEWS

CEMAC and ECCAS for unique industrial and diversification agenda

June 22, 2020ByPeter Nsoesie

“The project of developing a unique industrialization and economic diversification strategy for Central Africa is therefore godsend to enable us work together around the common value chains that will provide...

Incooperation, Economy, Featured, NEWS

African Energy Chamber Calls on Investors to Benefit from Extension of the 12th Gabon Licensing Round

June 12, 2020ByLa Rédaction

In addition to the seismic data, well data is now available for 167 wells within the MegaSurvey area, in order to support the evaluation of the blocks on offer. “Value-added...