Economy

Economy Yaoundé hosts massive sale to boost consumer buying power ahead of school season Cameroon’s Minister of Commerce, Luc Magloire Mbarga Atangana, has unveiled plans for a sweeping promotional sales campaign in Yaoundé. The initiative, designed to make essential goods more affordable, will unfold over several weeks starting June 22, 2026. Alexandre L. |5 hours […]

Last Tuesday marked a significant development as Shell and Gabon’s Ministry of Petroleum inked a memorandum of understanding. Industry watchers see this as a strong endorsement of the country’s offshore oil potential, particularly in deep waters. The move comes shortly after ExxonMobil and BP also expressed interest in similar ventures, suggesting Gabon is regaining its […]

In a bold address to the nation, Gabonese President Brice Clotaire Oligui Nguema has declared war on the country’s heavy reliance on food imports. Speaking to a national audience, he outlined a sweeping, multi-year strategy to reclaim Gabon’s agricultural sovereignty by 2030—an ambitious goal that demands immediate action and sustained investment.

Politics Gabon pushes for economic transformation through local value addition By Editor-in-Chief June 26, 2026 123 No comment Libreville, June 26, 2026 — As global powers engage in fierce competition to secure critical mineral supplies, a more decisive struggle unfolds in resource-rich nations: the battle for value creation. For decades, countries abundant in natural wealth […]

Economy Gabon’s Moody’s rating: a strategic balancing act for Libreville By Editor-in-Chief June 26, 2026 164 No comment Libreville, June 26, 2026 — Moody’s recent decision on Gabon’s sovereign credit rating has sparked intense debate. While some voices rushed to paint a bleak picture, the reality is far more nuanced and, above all, strategic. On […]

As the world turns to Qatar for the FIFA World Cup, another significant partnership is taking shape thousands of miles away between Atlanta and Morocco. The two regions have formalized a new cooperation agreement designed to deepen economic and industrial collaboration across multiple sectors. The landmark accord was signed by the Atlanta Economic Development Agency […]

Economy Gabon ends SEEG era with new water and energy firms By Editor-in-Chief June 26, 2026 168 No comment Libreville, June 26, 2026 – For nearly three decades, the Société d’Énergie et d’Eau du Gabon (SEEG) stood as a cornerstone in the integrated management of two critical national resources. That chapter has now closed. In […]

The era of the Gabonese Energy and Water Company (SEEG) has officially concluded. During a Council of Ministers meeting on June 25, 2026, the Gabonese government approved two draft laws to dismantle the single operator and establish two specialized entities. The first, Gabonese Water (La Gabonaise des Eaux), will oversee potable water production and distribution. […]

Morocco’s port infrastructure continues to attract global attention, positioning the North African nation as a key player in international trade. The Japan International Cooperation Agency (JICA) has outlined its ambitious plans to develop the Kingdom’s port system, following its inclusion in the agency’s upcoming consultancy projects schedule. According to the official program document, a specialized […]

Faced with a widening budget gap, the Senegalese government has moved to implement sweeping cuts totaling hundreds of billions of CFA francs. The decision comes as the country’s Economic and Social Recovery Plan (PRES) falls short of revenue targets, putting pressure on public finances. Under the leadership of Prime Minister Ousmane Sonko, officials are racing […]

Economy Banking, Stock Markets, Finance Côte d’Ivoire achieves lowest debt risk rating in Sub-Saharan Africa By Editorial Team – June 26, 2026 Côte d’Ivoire earns ‘low risk’ debt rating from IMF, setting a new benchmark for Sub-Saharan Africa Following a June 24 IMF executive board session evaluating debt sustainability, the Washington-based institution reclassified Côte d’Ivoire’s […]

Economy Cameroun unveils ambitious plan to modernize transport and logistics infrastructure To boost economic growth and global competitiveness, Cameroun has rolled out a comprehensive strategy aimed at transforming its road, rail, and logistics networks. Liliane Ndangue |26 June 2026|3 min read AAA Follow Cameroun updates on Google Summarize Listen Comment Transforming Cameroun’s transport network for […]