Economy

Trade and Economy China supplies 30% of Chad’s imports while UAE purchases 26% of its exports Two global powers shape Chad’s trade landscape, each playing a distinctly different role in the country’s economic exchanges. China: The dominant supplier shaping Chad’s trade In 2025, Chad imported goods worth 306.5 billion CFA francs from China, accounting for […]

Gabon Post’s Director-General, Alfred Ikaka Bobe, announced that an online tool is now available for savers whose accounts were frozen to confirm their inclusion in the liquidator’s records—without stepping outside their homes. Accessible via https://www.ccp.laposte.ga, the platform lets users check their names from any computer or smartphone. Launched this week, it quickly hit capacity after […]

Morocco stands on the brink of a textile revolution as circular economy principles unlock a potential 1.9 billion dollars in private investment and spark the creation of over 30,000 jobs. This transformative shift hinges on recycling textile waste, slashing environmental impact, and meeting Europe’s demand for transparently sourced garments. The findings, highlighted in a recent […]

Economy Gabon’s Kobe-Kobe project: a strategic economic pivot for central Africa By Editor-in-Chief June 9, 2026 241 Libreville, Tuesday, June 9, 2026 — Hours after inaugurating the deep-water port of Kobe-Kobe on Gabon’s Atlantic coast, President Brice Clotaire Oligui Nguema convened a high-level meeting in Nyonie with ambassadors and representatives of key international partners driving […]

Gabon’s budget deficit deepened significantly in 2025, climbing to 5.3% of its gross domestic product (GDP), up from 3.8% the previous year, according to the African Development Bank’s African Economic Outlook 2026. This fiscal deterioration stems from an expansionary fiscal policy paired with a mounting public debt burden. National debt has now surged to 78.9% […]

Economy Kobe-Kobe mega-project: Gabon’s bold economic gamble pays off Staff Writer June 9, 2026 98 No comment Libreville, June 9, 2026 – The official launch of the Kobe-Kobe deep-water port construction marks more than just the start of an infrastructure project. It signals Gabon’s entry into a transformative economic era. The project unfolding at Nyonié […]

Shelter Afrique’s Rabat Initiative to Fuel Africa’s Urban Growth Rabat is set to host a pivotal gathering as Shelter Afrique, a leading pan-African development financier, kicks off its 45th Annual General Meeting on June 9, 2206. The landmark event, held at the heart of Morocco’s capital, shines a spotlight on one of the continent’s most […]

Gabon’s bold economic strategy is beginning to deliver tangible results. With the ambitious goal of becoming a leading mining and industrial hub in Central Africa by 2030, the nation is making significant strides. Just weeks after finalizing a landmark agreement with Africa Global Logistics (AGL) to develop the Kobe-Kobe deep-water port project, the government is […]

Cameroon has launched a fresh wave of public sector recruitment, with the government announcing 2,090 new positions across various administrative bodies. The announcement, made in a June 2026 circular by Minister Joseph Lé, signals a cautious shift after four years of stringent hiring restrictions aimed at curbing state wage expenses. Health and education sectors drive […]

Cameroon’s government is set to honor another major bond repayment on June 23, 2026, with a total disbursement exceeding 120 billion CFA francs. This payment, confirmed in a June 5 directive from Louis Banga Ntolo, Director-General of the Central African Securities Exchange (BVMAC), covers both principal repayments and interest obligations. Bondholders will receive their funds […]

Morocco’s economic landscape in 2025 reflects a robust expansion, with gross domestic product (GDP) growth reaching 4.9%, up from 4.4% in the previous year. This upward trajectory stems primarily from a surge in domestic demand, unfolding within a framework of controlled inflation and rising consumer needs. The positive momentum underscores the resilience of the North […]

Cameroon is advancing its administrative modernization agenda with a major financial push. Authorities in Yaoundé are seeking $163 million—approximately 90 billion CFA francs at current exchange rates—to fund the digitalization of its decentralized local governments. The initiative aims to equip over 360 municipalities and 10 regions with digital tools designed to streamline public service delivery […]