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NEWS

Gabon’s energy landscape has recently undergone a major structural transformation, marked by the planned dismantling of existing infrastructure and a massive boost to national production capacity. In Libreville and Port-Gentil, a program launched on November 10th aims to modernize critical sites and optimize national thermal power plants. The program is a collaborative effort between ESFBUS,...
Cameroon, rich in gold deposits, is experiencing a scandal worthy of the greatest national tragedies. Following the Glencore affair, tons of gold vanish each year, shipped abroad while the state remains paralyzed. The figures are staggering: 22.3 kg officially declared by Customs versus 15.2 tons imported by the United Arab Emirates. That’s more than 680...
The 2026 budget of the Central Purchasing Agency for Essential Medicines and Health Products (Cameps) was adopted on December 21 in Brazzaville by the board of directors meeting under the leadership of its president, Professor Ange Antoine Abéna. The Cameps budget for the 2026 fiscal year has been adopted, with both expenditures and revenues totaling...
Meeting in Douala on December 22 and 23, 2025, the administrators of the Autonomous Port of Douala (PAD) adopted an ambitious budget for the 2026 financial year. Valued at nearly 244 billion FCFA, this financial package reflects the port company’s desire to consolidate its performance, modernize its infrastructure and support the growth of maritime trade in...
This financing, estimated at over 400 billion CFA francs, obtained by Heirs Energy from Afreximbank, aims to optimize its capital structure and support its ambitious development program. This partnership seeks to transform Nigeria’s energy capacity at a time when demand continues to rise. On December 22, 2025, in Abuja, a significant announcement captured the attention...
On December 22, 2025, in Yaoundé, the Cameroonian Ministry of Finance launched a national campaign to promote Islamic finance, in a context marked by the search for alternative mechanisms to finance the economy. The ceremony was held under the theme “Islamic Finance: Reforms, Regulation, Challenges and Prospects”. “It is an ethical, inclusive and complementary financing...
This funding of 78.8 million euros, or 51.8 billion FCFA, announced by the Cameroonian government, aims to transform the industrial units of the Cameroon Development Corporation (CDC), a key agro-industrial company specializing in the cultivation of rubber, oil palm and banana. On December 19, 2025, a major milestone was reached for the Cameroon Development Corporation...
Paris, December 21, 2025 – The 7th edition of the International Festival “L’Afrique Fait Son Cinéma” concluded in grand style on Saturday, December 20, at EICAR Paris. Under the presidency of its founder, Blaise Pascal Tanguy, this major event celebrated the excellence of African and Caribbean creators, confirming the vital role of the image in...
The rural drinking water supply project financed by the Republic of Korea was received on December 16, 2025 in Yaoundé, during a joint ceremony with the unveiling of the future e-government training centers in Cameroon, under the chairmanship of the Minister of Economy, Planning and Regional Development, Alamine Ousmane Mey, in the presence of the...
The Prime Minister was speaking Yesterday. This was during an audience he granted the President and founder of the ICT University, Prof Victor Mbarika and the Brazilian delegation. During the audience, PM Dion Ngute was categorical that the partnership will go a long to boost the Agricultural sector and create jobs for many Cameroonians. The...
The CEMAC zone (Economic and Monetary Community of Central Africa) is expected to experience a slowdown in growth to 2.4% in 2025, compared to 2024. The Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) published these macroeconomic forecasts during its last annual ordinary session held on December 15 in Yaoundé, Cameroon,...
The flat-rate housing tax (TFH), which will come into effect on January 2, 2026, continues to fuel debate among households and on Gabonese television. Invited on December 14 to Gabon 24, Steeve Saurel Legnongo, CEO of the Gabonese Water and Energy Company (SEEG), reassured the public and explained the details of this new tax, whose...
The 15th C2D Breakfast highlighted the financial and institutional effects produced since 2022 by component 2 of the Transfagri program. With 4 billion FCFA mobilized, 22 microfinance institutions involved, and several innovative mechanisms being tested, the State and its partners are progressively structuring the operationalization of the National Inclusive Finance Strategy (SNFI). The preparation of...
The 2023 EITI data shows a contribution of 1,237 billion FCFA from extractive industries to the national budget, dominated by oil revenues.The recently published 2023 EITI Report indicates that over 1,232.6 billion FCFA was transferred to the public treasury, corresponding to taxes, royalties, and financial obligations paid by extractive companies. This amount represents a 12.96%...
The National Economic and Financial Committee of Congo (CNEF), an internal body of the Bank of Central African States (BEAC), held its final annual session on December 8 in Brazzaville to review the economic situation within the community. Regarding Congo, the report indicates that economic activity performed well during the third quarter of 2025. The...
According to information obtained from the financial departments of several Lebanese business operators established in the Central African Republic, President Faustin-Archange Touadéra has accumulated a debt of nearly 12 billion CFA francs. But no one really knows what this money is for. No one knows if this debt is personal or if it binds the...
The African Development Bank’s (AfDB) commitment to supporting Gabon in implementing its national development policy, as well as ongoing projects in the country, was at the heart of discussions on December 6 between President Brice Clotaire Oligui Nguema and the President of the AfDB Group, Sidi Ould Tah. “The African Development Bank is fully committed...
This financing signed in Yaoundé, between the Ministry of Small and Medium Enterprises and the Cameroonian Bank for SMEs (BC-PME), intended to strengthen agricultural, pastoral and fishery production, marks a key step in the national strategy of import-substitution and modernization of local sectors. The Minister Achille Bassilekin III and the Deputy Director General of BC-PME,...
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