On a working visit to the departments of Pointe-Noire and Kouilou, the President of the Republic, Denis Sassou N’Guesso, inaugurated on November 17, the gas processing plant associated with the Banga-Kayo field, in Tchamba Nzassi sub division Implemented by the Chinese company Wing Wah Exploration and Production SAU, in partnership with the National Petroleum Company...
Cameroon is poised to turn a decisive page in its energy history. According to multiple sources, the government is expected to finalize the acquisition of 100% of the capital of Eneo, the national electricity company, currently held by the British fund Actis, within the next few hours. This operation, initiated directly by the presidency and...
Between lost revenue, agricultural damage, and pressure on social services, climate impacts are already weighing on Cameroon’s budget. The government now wants to develop a strategy capable of mobilizing green financing to support adaptation. At the seminar launching the 2026 budget preparation activities, held in July 2025 at the Yaoundé Conference Center, the Minister of...
The Port Authority of Douala (PAD) has just reached a decisive milestone in its quest for operational excellence and regional competitiveness. The signing on November 17, 2025, of a strategic agreement with INNOVENDI DATA TECHNOLOGIES & COMMUNICATIONS LTD formalizes the Cameroonian logistics hub’s commitment to a large-scale digital transformation. This partnership, bold in its scope...
The Douala International Airport is poised to welcome 2.5 million passengers annually after its renovation, compared to 1.5 million currently. An ambitious 95 billion FCFA modernization project was presented on November 12th during the 136th session of the Board of Directors of Airports of Cameroon (ADC), aiming to increase the airport’s capacity and modernize its...
On November 14, 2025, in Libreville, the BGFI Bank Group reached a decisive milestone with the initial public offering (IPO) of its parent company, BGFI Holding Corporation SA. By opening its capital to the public for the first time, the banking giant aims to finance its growth and stimulate the sub-regional financial market. The operation...
A partnership agreement aimed at modernizing water bill payments was signed on November 14, 2025, in Yaoundé, between the Cameroon Water Utilities Corporation (Camwater) and the Cameroon Postal Services (Campost). This innovative project, integrating digital solutions, promises to simplify and secure the payment process for subscribers. The landscape of utility payments in Cameroon is about...
In a statement made on November 13 in Brazzaville, on the occasion of the 26th Yamoussoukro Decision Day on the liberalization of access to air transport markets in Africa, the Minister of Transport, Civil Aviation and Merchant Marine, Ingrid Olga Ghislaine Ebouka-Babackas, urged Congolese aircraft operators to embrace the policy of promoting national air transport...
President Brice Clotaire Oligui Nguema received a delegation from the World Economic Forum on November 12, 2025, who presented him with an official invitation to participate in the 2026 edition in Davos. This is an opportunity for Gabon to strengthen its international visibility and economic partnerships. Led by the Minister of Digital Economy, Digitalization, and...
The Cameroonian banking sector is in turmoil. In a confidential letter addressed to the Minister of Finance, a copy of which was obtained by CEMAC ECO FINANCE , the Banking Commission of Central Africa (COBAC) is raising the alarm about the “high risks of crisis” caused by the actions of the Caisse des Dépôts et Consignations du...
The International Finance Corporation (IFC) concluded a loan agreement of 14.5 billion CFA francs with Bank Of Africa (BOA) on November 11 in Brazzaville, intended to finance the activities of Congolese small and medium-sized enterprises. Valued at 14.5 billion CFA francs, this loan from the IFC to BOA-Congo is the first such financing granted to...
Organized jointly by the Gabonese National Investment Promotion Agency (ANPI-Gabon), the Embassy of Côte d’Ivoire in Gabon, and the Investment Promotion Center of Côte d’Ivoire (CEPICI), the Côte d’Ivoire-Gabon Business Forum (FACIGA) will be held on November 18 and 19 in Libreville. This forum, which aims to strengthen economic cooperation between the two countries, is...
Founder of the Tony Elumelu Foundation and chairman of UBA Group Tony O. Elumelu CFR, a leading advocate for Africapitalism and transformative private sector leadership, will undertake a high impact working tour across East, Central, and Southern Africa this week. The multi-country visit underscores his unwavering commitment to fostering economic resilience, empowering entrepreneurs, and unlocking...
In a letter dated November 3, 2025, addressed to members of the Group of Cameroonian Enterprises (Gecam), Célestin Tawamba President of this organization, sought to assess the economic impact of the post-election consequences. The data collected will provide business leaders with arguments for advocacy or support actions that may be necessary with partner institutions. There...
Ministers from member countries of the African Petroleum Producers’ Organization (APPO), meeting in Brazzaville on November 4, set the course for the coming months. Discussions were dominated by the decision to accelerate the launch of the African Energy Bank (AEB) and the renewal of the organization’s governing bodies, which are tasked with leading reforms of...
In Belém, Brazil, where he is taking part alongside other international leaders at COP30, the Congolese head of state lamented “the near powerlessness of the entire world in the face of climate change” . Denis Sassou N’Guesso supported his observation by recalling that for more than three decades, the same concerns have been repeatedly raised while the...
Faced with a post-election crisis marked by security disruptions, violence, and the closure of travel agencies, the Cameroonian road transport sector has been severely impacted. Slowdowns in trade, price increases, and a decline in the distribution of goods have hampered economic growth. The Cameroonian government is implementing emergency measures to overcome this stagnation and revive...
The Minister of Trade, Luc Magloire Mbarga Atangana, issued a statement on October 30, 2025, addressed to the owners and managers of supermarkets and hypermarkets. This statement comes in response to consumer complaints denouncing excessive price increases in several stores, amidst post-election tensions. “You have allegedly taken advantage of the post-election context to carry out...
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