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A Pragmatic Solution to the BEAC’s FOREX Regulations Will Not be Reached Without the Involvement of Local Stakeholders

  The FOREX regulations imposed by the Bank of Central African States (BEAC) remain one of the major impediments to investments in Central Africa’s energy markets: Equatorial Guinea, Congo, Cameroon, … Read More

BEAC must reconsider its new Forex regulation to save jobs in Gabon, Cameroon, Republic of Congo, Equatorial Guinea, Central African Republic and Chad

On March 1st, 2019, a new Foreign Exchange Currency Regulation was adopted by the members of the Economic and Monetary Community of Central Africa states – CEMAC. These member states, … Read More

Central Africa’s Economic Recovery Must Go Through a Reform of Forex Regulations

By Leoncio Amada NZE The health and economic crisis caused by the Covid-19 pandemic is devastating the productive, economic and financial systems throughout the entire planet: businesses went bankrupt, millions … Read More

Energy Lobby Lauds the Bank of Central African States (BEAC)’s Authorization to Open Foreign Currency-labelled Escrow Accounts

In its Ordinary Meeting held on July 2nd, 2020, the Board of Directors of the Bank of Central African States (BEAC) has allowed the opening of foreign currency escrow accounts … Read More

Presidents of Chad, Uganda and Senior Minister implicated in Chinese Energy Firm bribing scandal

U.S. Attorney’s Office in the Southern District of New York has said it has charged Chi Ping Patrick Ho aka “Patrick C.P. Ho,” and Cheikh Gadio (the former Foreign Minister … Read More

Uganda’s President visits Chad’s Oil Refinery

President Yoweri Museveni who arrived in the Chadian capital N’Djamena on a two-day official visit during which he will also attend the swearing-in ceremony of President Idriss Deby to his … Read More

Simba Energy Enters Into Agreement With Essel Group Middle East To Invest In 3 African Countries

Simba Energy has announced it has executed an Agreement with Essel Group Middle East, of Dubai, UAE, a subsidiary of Essel Group India, wherein Essel Group will earn a 60% … Read More

ERHC retains Deloitte as strategic advisor on its assets in Sub-Saharan Africa

Sub-Saharan Africa oil and gas explorer ERHC Energy   has announced it has retained the services of Deloitte Corporate Finance LLC (DCF) to advise on the Company’s oil assets in the … Read More

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