On May 15, 2025, no shares were traded in the BVMAC equity compartment, while 2,711 shares were awaiting bids. This situation is symptomatic of an illiquid stock market, despite the solid results of some listed companies. The Central African Stock Exchange (BVMAC) continues to experience serious difficulties in its equity segment. On May 15, 2025,...
Solange Flore Yango has been appointed General Manager of the Douala Port Authority’s Timber Terminal, a strategic infrastructure facility operated by Africa Global Logistics. The first Cameroonian woman to hold this position since the terminal’s creation in 1999, she succeeds Frenchman Jean-Luc Pallix. Her appointment comes amid a major modernization of the site. The board...
On May 8, 2025, Africa Golden Bank formalized a major decision at an Extraordinary General Meeting: the increase of its share capital from 10 to 25 billion FCFA. This strategic move reflects the bank’s desire to consolidate its position in Cameroon and the surrounding sub-region. In the privacy of a meeting held in Douala, Africa...
A multi-talented artist, Mounira Mitchala has become an iconic figure in Chadian and African music. Through her inspiring melodies and deep social commitment, she has crafted a remarkable career where art serves as a powerful force for peace and development. Mounira Khalil Alio, known artistically as Mounira Mitchala, was born on September 19, 1979, in...
Cameroon has arrived in force in Abidjan for the Africa CEO Forum 2025, with a high-level delegation of public officials and business leaders, symbolizing its desire to play a key role in the new African economic landscape. Prime Minister Joseph Dion Ngute is leading the delegation, reflecting the strategic importance of this continental event. Among...
On May 9, 2025, in Mboro, the Minister of Transport officially launched the commercial operation of Phase 2 of the Port of Kribi. This historic moment marks a decisive step in Cameroon’s ambition to make this port platform a strategic lever for its industrialization and a sub-regional logistics hub. The Mboro port site in Kribi...
At a workshop in Yaoundé on May 6, 2025, the European Investment Bank (EIB) took stock of its six decades of cooperation with Cameroon. Since 1965, the European institution has invested nearly 583 billion CFA francs, split between public financing and support for the private sector. Since launching its activities in Cameroon in 1965, the...
Under the leadership of the Minister of Water and Energy, Gaston ÉLOUNDOU ESSOMBA, representing the Prime Minister, the Bamenda Liquefied Petroleum Gas (LPG) Filling Center was inaugurated on May 9, 2025. This strategic infrastructure realizes President Paul BIYA’s vision of equitable access to modern energy, while marking a decisive step towards sustainable development and social...
In a historic move for Africa’s creative economy, the African Export-Import Bank (Afreximbank) has announced the establishment of the African Film Fund, an ambitious $1 billion investment dedicated to expanding the continent’s film industry. Spearheaded by Afreximbank’s development investment arm, the Fund for Export Development in Africa (FEDA), this initiative aims to finance 2,000 feature...
Through connections established at AFSIC 2024, the Africa College Foundation (ACF) has secured crucial funding to expand its educational programs for African youth. Driven by an innovative approach and a deep commitment to marginalized communities, ACF is paving the way for accessible, sustainable, and opportunity-generating education. Education as a Catalyst for Change The Africa College...
On May 8, 2025, the conclave elected American Cardinal Robert Francis Prevost as the 267th pope of the Catholic Church. Taking the name Leo XIV, he succeeds Pope Francis and steps into leadership at a time of significant transformation for the Church. Shortly after the white smoke signaled the election, Cardinal Protodeacon Dominique Mamberti announced...
Deprived of a joint financial windfall estimated at $555 million, the final blow from American leader Donald Trump, despite the consequences, should push the African Development Fund (ADF ), the concessional arm of the African Development Bank, to take a further step in the search for new financing mechanisms. The new US administration’s 360° turnaround will play...
As part of the 8th review of the IMF-supported Economic and Financial Program, an assessment mission is underway in Cameroon. The objective is to assess the country’s economic performance and identify reforms that need to be completed to strengthen macroeconomic stability and resilience to climate and structural shocks. Since May 2, 2025, a mission from...
The General Directorate of Taxes and Estates launched, on May 6, at the Brazzaville Convention Center, a campaign to popularize the 2025 finance law in order to meet the government’s expectations in terms of tax revenue, which amount to 894.331 billion FCFA. The campaign, launched by François Moundzéo, Tax Administration Advisor to the Minister of...
On May 5, 2025, Henri-Claude Oyima, a leading figure in Central African finance and Chairman of the Board of Directors of BGFIBank Cameroon, was appointed Minister of State for the Economy, Finance, Debt, Equity Investments, and the Fight Against the High Cost of Living in Gabon. This strategic appointment illustrates the new regime’s commitment to...
The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese Merit – on the Group Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu. The distinguished award...
The Gabonese Republic has entered a transformative phase with the establishment of its Fifth Republic, marked by the inauguration of General Brice Clotaire Oligui Nguema on May 3, 2025. Just two days after his swearing-in, the president appointed his first government, a diverse team reflecting his commitment to reshaping public administration following the transition initiated...
The possible election of a Black pope would be far more than a religious decision—it would mark a rupture with centuries of tradition, reflect the evolving nature of Catholicism, and introduce major geopolitical and cultural implications. As the world watches closely, the impact of such a momentous choice could shape the future of the Church...
