Six weeks after Fitch downgraded it to sub-investment grade and walked away, Afreximbank closed its largest-ever syndicated loan — $2 billion from 31 lenders across four continents. Markets said yes where rating agencies said wait. The story behind a defiant transaction. KEY FIGURES $2B FINAL FACILITY SIZE Largest syndication in Afreximbank history31 PARTICIPATING LENDERS Europe,...
Ndjamena – In a move that significantly alters the financial landscape of Central Africa, Pan-African banking institution Vista Group Holding has officially secured a majority stake in Chad’s Banque Agricole et Commerciale (BAC). This acquisition marks Vista Group’s strategic entry into the Chadian market, signaling a new era of aggressive expansion and a renewed focus...
In preparation for World Press Freedom Day (May 3, 2026), the President of The ICT University, Professor Victor Mbarika, has launched a FCFA 100 million support fund to assist journalists in Cameroon. Many journalists continue to work under very difficult conditions, with limited resources and declining advertising revenue. This initiative aims to provide direct support...
For 30 young entrepreneurs across Cameroon, a new chapter has just begun. The Tony Elumelu Foundation (TEF) has unveiled its 2026 cohort of entrepreneurs, bringing fresh opportunities for business owners across the country to access funding, training, and mentorship.This year’s announcement, made by Nigerian philanthropist Tony Elumelu, introduces 3,200 entrepreneurs selected from over 265,000 applicants...
The Managing Director of Ecobank Cameroon, Gwendoline Abunaw, has encouraged women to be confident, resilient and intentional in their leadership journeys. She made the remarks on March 3 during an exchange session in Douala with female journalists who are members of the Cameroon Association of English-Speaking Journalists (Camasej). The meeting formed part of activities marking...
Gathered in Douala from January 26 to 29, 2026, the senior management of the BGFIBank Group held their major strategic convention for the third consecutive year, combined with seminars for the Commercial, Commitments, and Quality departments. This key event allowed the leading financial group in the CEMAC zone to define its 2026 roadmap and officially...
On January 8 and 9, 2026, Henri Claude Oyima led a strategic back-to-school seminar bringing together the key executives of BGFI Holding Corporation. This meeting, marked by his effective return to the helm of the group after a period in government service, served as the starting point for an ambitious new roadmap for 2030. In...
US$5,000 non-refundable seed capital, world-class training, and mentorship for Africa’s boldest founders 24,000+ entrepreneurs funded, 2.5 million trained, 1.5 million jobs created, US$4.2 billion in revenue generated since 2015 Lagos, Nigeria – 1 January 2026 – The Tony Elumelu Foundation (TEF) has opened applications for the 2026 TEF Entrepreneurship Programme, calling ambitious young founders from...
Exclusive interview with Blaise Pascal Tanguy, the strategist aiming to turn African cinema into a pillar of economic and cultural sovereignty. From technical standards to international market conquest, he shares his roadmap for transforming the continent’s 7th art into a high-performance industry. cemac-eco.finance: You are often described as an “image activist.” What drives your fight...
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