CEMAC zone: recession could reach 6% according to BEAC

All the indicators are certainly not red. But most of the economic indicators in the six countries of the Economic and Monetary Community of Central Africa (CEMAC) are already found the Monetary Policy Committee (CPM) of the Bank of Central African States (BEAC) at the end of the second annual session on June 24, 2020 in Yaoundé.

Analyzing the situation in Central Africa, it emerges that in the short and medium terms, the CEMAC zone is affected by the health crisis and the fall in the prices of the main export products. "

"In the first half of 2020, the revival of productive activities was slowed down in the sub-region by the disruption of supply circuits for imported products as well as by the restrictive measures adopted by the various governments to contain the effects of the pandemic. Although it is premature for the moment to fully grasp the impact of COVID-19 on national economies, it is already anticipated during this first semester a drop in production as well as a det…

Metro will build a distribution center in Terrebonne | Canada

Quebec food giant Metro announced Wednesday that it will invest $ 420 million over five years in the construction of a new automated distribution center for fresh and frozen products, which will open in 2023 in Terrebonne, in Lanaudière.

Quebec food giant Metro

This investment in Quebec is in addition to the $ 400 million injected into Ontario for the modernization of the distribution centers in Toronto.

In addition, Metro will expand its distribution center for fruits and vegetables and dairy products by Laval by 20,000 square feet by 2024.

Eric La Flèche
, President and CEO of Metro, reports that the new distribution center, which will cover more than 600,000 square feet, will use advanced technologies to achieve significant efficiency gains. He believes the company will be able to improve its service to the store network with increased accuracy and reduced handling time.

Metro employees who work in the existing distribution centers of Montreal − North for frozen and meat products and of Rivière − des − Prairies / Pointe − aux − Trembles for seafood will be transferred to the new distribution center of Terrebonne.