economic

Financially, Idriss Déby will not go into the history of his country as a great builder, nor a development architect. His country is at the bottom of the world rankings for development. The oil rent that started in 2003 has hardly helped the population. 187 out of 189 countries, this is Chad's position in the UN ranking for…

The Congolese government has just faced debts from economic operators who have pre-financed the state's works. Although the requirements were revised, they were only partially settled. Operators believe it will be difficult to revive the national economy with the small domestic commercial debt paid to them. They call for arbitration by the head of state for a final solution to their problem.…

Congolese President Denis Sassou delivered his traditional message on the nation's state on Wednesday, December 23, ahead of Parliament's congressional meeting. He described a difficult economic situation, but which does not prevent the organization of the next presidential election by March 21 in accordance with the constitutional deadlines.…

After the departure on Tuesday of Gabon's Economy Minister Jean-Marie Ogandaga, after several economic scandals, things accelerated. The government mixed up a bit on Wednesday. Nicole Mbou was appointed to the post. as reported from Gabon, Yves-Laurent GomaAt 54, Nicole Mbou will be the second woman to hold the post of…

It is a very rare phenomenon in Gabon. A minister accused of mismanagement has resigned. This is Minister of Economic Affairs and Finance Jean Marie Ogandaga. He was swept away by a scandal called tax breaks for oil companies. as reported from Libreville, Yves-Laurent GomaThe scandal that plagued the minister was revealed on…

Idrissa Seck took over as Head of the Economic, Social and Environmental Council (CESE) on Thursday 19 November during an official ceremony, after being appointed by President Macky Sall on 1 November. The leader of the opposition Rewmi, who came second in the 2019 presidential election, has become the state's third figure and joins the president's majority.…

Within the Democratic Republic of Congo, the authorities try to diversify a nonetheless fragile financial system, which is principally because of the mining sector. To do that, they determined to create six particular financial zones. On November 4, Congolese Prime Minister Sylvestre Ilunga Ilunkamba launched the nation's first pilot "particular financial zone" within the suburbs of the capital…

The last episode of our series of reports dedicated to the Senegambia Bridge that has changed the lives of Gambians and Senegalese for a year. Inaugurated on January 21, 2019, the Sénégambien Bridge stretches across the Gambia River and allows easy connection of southern Senegal to the north. It replaces the old ferry that required waiting long hours before crossing or even several days for truck…

Closed in mid-March as a result of pandemic, the border publish between Tunisia and Libya as soon as once more allowed autos and pedestrians to go on Saturday. Flights between the 2 international locations will resume this Sunday. This opening is a breath of contemporary air for Tunisia, which has been hit arduous by a severe financial disaster.…

In Zimbabwe, the coronavirus disaster has additional depressed an economic system that had already been on its knees for many years. Harare is now investing in gold to begin popping out of the disaster. However even when the yellow steel has gained worth because the pandemic started, it alone will not be sufficient to set off an upward curve in development over time.…