Economy

The cashew marketing season in Côte d’Ivoire is currently in full swing. While the Cotton and Cashew Council anticipates a robust output of over 1.3 million tonnes of nuts this year, mirroring recent trends, projections suggest a potential drop of 200,000 tonnes compared to the previous year. Significant challenges are emerging in specific regions, particularly […]

With their energy supplies repeatedly faltering, Bénin and Togo are accelerating political and economic cooperation to secure their industrial growth. The two neighboring nations are pooling resources and investments to break free from external energy dependence and forge a robust regional power grid. Last April’s fire at Ghana’s Akosombo substation abruptly cut off 1,000 megawatts […]

Digital economy Gabon’s digital talent war: investing in the future By Editor-in-Chief June 4, 2026 82 No comment Libreville, June 4, 2026 – Gabon has just taken one of the most decisive steps in its digital transformation strategy. By allocating five billion CFA francs to the National Institute of Posts, Information and Communication Technologies (INPTIC), […]

The findings of a comprehensive study examining the effectiveness of tax incentives and the overall fiscal policy in Chad’s emerging sectors were unveiled on June 3, 2026, during a high-level workshop in N’Djamena. Conducted by the Ministry of Finance with support from the African Development Bank (AfDB), the study provides a detailed analysis of the […]

Libreville, Thursday, June 4, 2026 – For months, the prospect of a landmark agreement between Gabon and the International Monetary Fund (IMF) has been a constant topic within economic, diplomatic, and financial circles. Despite persistent rumors of an imminent signing, the official accord remained elusive. President Brice Clotaire Oligui Nguema has finally shed light on […]

The dismissal of Ousmane Sonko by Bassirou Diomaye Faye on May 23, 2026, did not stem from a clash of personalities. Instead, it marked the inevitable end of a cohabitation between two fundamentally opposing economic philosophies, which had long operated under the same political banner. Two years after the April 2024 presidential transition, which saw […]

When Bassirou Diomaye Faye dismissed Ousmane Sonko on May 23, 2026, the move signaled more than a personal rift—it exposed a fundamental clash over Senegal’s economic direction. Two years after Faye’s April 2024 election victory, which initially united them under the same banner, their partnership collapsed over three critical issues: debt management, hydrocarbon policies, and […]

Digital transformation demands accessibility, yet some policies push citizens further away from technology. This is the paradox facing Cameroon today. Cameroon’s phone tax: a barrier to digital inclusion and economic growth Across Africa, nations that have successfully navigated digital transitions prioritized affordable technology access and citizen connectivity. Cameroon appears to be taking a different path—one […]

The International Monetary Fund (IMF) has released a comprehensive study focusing on the independence of Central Banks across the Middle East, North Africa, Central Asia, and the Caucasus. This report concludes that a greater degree of autonomy for Central Banks is directly correlated with more effective control over inflation and enhanced resilience against significant macroeconomic […]

At the presidential palace, a pivotal meeting marked the official appointment of Edith Laure Mbiguidi Oyaya as the new Director-General of the Gabonese Tax Directorate (DGI). During this ceremony, President Brice Clotaire Oligui Nguema emphasized the critical role of taxation in his national development vision, positioning it as the driving force behind funding for public […]

Cameroon is taking a decisive step forward in reshaping its logistics landscape this Thursday in Yaoundé. A tripartite memorandum of understanding (MoU) is set to be signed, uniting the Cameroonian state, Africa Global Logistics (AGL), and Camalco—Canyon Resources’ local subsidiary. The agreement, slated for the Starland Hotel, will be presided over by the Minister of […]

The Cameroonian government has given the green light to Prometal, the leading steel processor in Cameroon and Central Africa, to secure 90 megawatts of capacity from the Electricity Development Corporation (EDC), the state-owned electricity sector enterprise. Finalizing the contracts will follow a series of consultations scheduled from June 8 to 12, 2026, at the Prime […]