Economic

Trade: Gabon, Cameroon’s leading supplier in the CEMAC zone between 2019 and 2023, Cameroon imported from the country led by General Brice Clotaire Oligui Nguema, 214,400 tonnes of goods worth 143.9 billion CFA francs. The Central African region, with its diverse economies and resources, presents a unique tapestry of inter-state relations and economic dependencies. Among these,…

Trade balance: Cameroon shows a surplus of 519.9 billion CFA francs vis-à-vis CEMAC states Over this period from 2019 to 2023, the country exported 2 million goods worth 921.8 billion CFA francs to the 5 other CEMAC countries while imports amounted to 83,595 tonnes worth 401.9 billion CFA francs. This reinforces Cameroon’s position as the…

Cameroon: in poor condition, the road network deteriorated by almost 2% at the end of July According to data consulted by Breaking News Bilingue, the road network in good condition to date is 11.17%. Cameroon’s Road Network: Challenges and Developments Cameroon’s road network, a crucial component of the nation’s economic development, has faced significant challenges…

Congo: Food insecurity affects 59% of the population (World Bank) Presenting the annual report on the country’s economic and financial situation, the institution revealed that this situation is the consequence of the rise in generalized inflation. The Republic of Congo’s Struggle with Food Insecurity: A Deep Dive into the World Bank’s Findings The Republic of…

Beverages, cement…: Beac predicts a drop in activity in Chad in the 3rd quarter The main reason given by the Bank of Central African States (BEAC) is the rainy season. The Central African Economic and Monetary Community (CEMAC) through the Bank of Central African States (BEAC) has forecasted a downturn in economic activity for Chad…

Cameroon’s Economic Outlook: The Challenges Ahead in the 3rd Quarter of 2024 In its economic forecast test for the third quarter, Beac cites, among others, the sectors of agriculture, services and processing. As we approach the third quarter of 2024, Cameroon’s economy faces a complex set of challenges that could potentially dampen economic activity. Drawing…

Cemac: inflation stagnates at 5.1% in the 1st quarter of 2024, far from the community standard of 3% Despite a decrease of 1.3% compared to 6.4% at the end of March 2023, the price increase is maintained mainly by the “food products and non-alcoholic beverages” and “transport” functions. The Economic Pulse of CEMAC: Navigating Inflationary…