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NEWS

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...
The Gabonese oil sector has been booming in recent weeks. Following the signing of the memorandum of understanding with British Petroleum, but also with the company Pilgrim Exploration Limited, the Gabonese State signed, on October 30, a new Production Sharing and Exploration Contract (PSEC) “Konzi – Ayol n° G5-146” with the Gabon Oil Company (GOC). ...
At the initiative of the International Labour Office (ILO) in partnership with the Ministry of Agriculture, Livestock and Fisheries and the Integrated Development Project for Agricultural Value Chains (Prodivac), twenty business advisors who are members of the Interprofessional Union of Private Sector Workers are strengthening their business management skills.  The training began on October 29...
African Export-Import Bank (Afreximbank) on Saturday in Cairo, Egypt, swore in George Elombi as the bank’s fourth President and Chairman of the Board of Directors, taking over from Benedict Oramah as head of the African multilateral trade finance institution. Formalised with an oath administered by Mr. Wale Edun, Chairman of the Annual General Meeting of...
Meeting on October 23, 2025, the Council of Ministers adopted a major draft decree transferring powers and resources from the State to local authorities. This decision aims to concretize local governance and provide local authorities with the necessary means to better meet the needs of the population. This commitment notably provides for the creation of...
The current operation concerns all households, businesses and small industries connected to Eneo’s low-voltage network, i.e. more than 600,000 of the company’s customers. From October 16 to December 31, 2025, Eneo customers in its Douala region will receive technical teams at their homes or places of business. The company responsible for distributing electricity in Cameroon...
The participation of Finance Minister Louis Paul Motaze and Economy Minister Alamine Ousmane Mey in the IMF Annual Meetings in Washington, D.C., from October 13 to 18, 2025, confirmed Cameroon’s credibility with its partners, while paving the way for a new cycle of cooperation based on the consolidation of reforms, fiscal sustainability, and productive investment....
The United Bank for Africa (UBA) has reaffirmed its commitment to developing the next generation of African leaders through its prestigious Graduate Management Accelerated Program (GMAP), an intensive six-month initiative aimed at strengthening the technical and leadership skills of young professionals.At a vibrant graduation ceremony, UBA executives celebrated the new class of graduates who successfully...
According to the October 2025 Regional Economic Outlook report, Gabon loses between 1.2% and 1.5% of its GDP through VAT exemptions, primarily in the oil, mining, and forestry sectors. The International Monetary Fund (IMF) warns of the impact of these tax breaks on the country’s ability to mobilize domestic resources and finance its public infrastructure,...
Faced with a growing demand for liquidity and the pressure on financing systems in the sub-region, the Bank of Central African States (BEAC) recently made an exceptional injection of 750 billion FCFA into banking circuits, during its latest call for tenders. This is the highest level recorded since 2019, up 50 billion CFA francs compared...
The National Electricity Transmission Company (Sonatrel), responsible for electricity transmission in Cameroon, is showing signs of weakness. To address this situation, the government plans to open this strategic sector to private capital. The initiative aims to stabilize power supply and modernize the country’s aging infrastructure. Cameroon’s electricity transmission landscape is on the verge of a...
For three years, the new CEO has been working to turn around a struggling company. Through bold reforms and proactive management, he has gradually restored confidence, improved drinking water supplies, and transformed the company’s landscape. September 30, 2025, marked the third anniversary of Dr. Blaise Moussa taking over as CEO of Cameroon Water Utilities (Camwater)....
On October 16, President Denis Sassou N’Guesso issued a decree appointing Maixent Raoul Ominga as Director General of the Société Nationale des Pétroles du Congo (SNPC) for a five-year term. Chartered accountant and in-house executive, Maixent Raoul Ominga, Director General of SNPC since February 28, 2018, has just been reappointed to this position by the...
UBA Leads African Economic Dialogue with New White Paper at IMF Meetings Africa’s leading global bank, United Bank for Africa (UBA) Plc, has once again demonstrated its commitment to driving sustainable growth and economic transformation on the continent with the official launch of its groundbreaking white paper, “Banking on Africa’s Future: Unlocking Capital and Partnerships...
A new wind is blowing through UNESCO. Egyptologist and former Egyptian minister, Khaled El-Enany, was designated on Monday, October 6th, to take the helm of the United Nations Educational, Scientific and Cultural Organization. This historic choice, in more ways than one, ushers in a new era for the institution. A Landslide Victory for a Man...
On October 4, 2025, the excellence and economic future of the African continent will take center stage at Africa Day, a prestigious event hosted at Sciences Po in Paris. More than just a conference, this day is set to be a strategic crossroads for youth and decision-makers, bringing together an array of influential figures who...
The former French president was found guilty of “criminal conspiracy” in the financing of his 2007 campaign. However, the court acquitted him of corruption and issued a deferred committal warrant with the sentence. Paris – A judicial thunderclap and a historic decision. After a sprawling investigation that lasted more than a decade, the Paris Criminal...
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