CEMAC international Trade Stakeholders have been briefed about the experience of the A d-hoc S ubcommittee responsible for implementing the initiative on Guided Trade of the Continental Free Trade Area (AfCFTA), at the end of the sub-regional workshop on the optimization of the AfCFTA organized in Douala by the United Nations Economic Commission for Africa (ECA)....
The Prime Minister, Head of Government, Chief Dr. Joseph Dion Ngute, has inaugurated the CIMPOR cement plant in Kribi, Ocean Division of the South Region. The inauguration ceremony took place last Friday, July 19, 2024. The Prime Minister inaugurated the cement plant on behalf of the Head of State, President of the Republic, Paul Biya....
The Minister of Energy and Hydraulics, Emile Ouosso, signed, on July 17 in Brazzaville, with the First Vice-President of the State Atomic Energy Corporation (Rosatom) of the Russian Federation, Nikolay Spasskiy, two Memorandum of understanding covering, among other things, the development of micro and hydroelectric power stations as well as the installation of a unit...
From July 17 to 19, 2024, Gaston Eloundou Essomba went to the field to see first-hand the achievements undertaken in this sector in order to ensure optimal distribution of the energy produced by the Nachtigal hydroelectric dam. Faced with chronic failures in the national electricity grid, the Cameroonian government has decided to move up a...
This is the question that a majority of Cameroonian public opinion is asking, at a time when a letter from the Chairman of the Board of Directors of SNH, also SGPR, Ferdinand Ngoh Ngoh, announces a board of directors relocated to the Unity Palace on July 24, 2024. After the missed board meeting on July...
The work of the thirteenth annual consultation meeting of the Central African Banking Commission (COBAC) with finance professionals opened on July 18 in the Congolese capital. Participants will attempt to formulate possible solutions to strengthen the banking system in the sub-region. The money supply in circulation within the Economic and Monetary Community of Central Africa...
Designated international arbitrator in the “Practitioners” category on the proposal of the President of the Paris Maritime Arbitration Chamber (CAMP), Pr Philippe Delebecque, the general director of the National Council of Shippers of Cameroon has been an international arbitrator since June 28, 2024 on the favorable opinion of the Advisory Commission and the Council. “I...
The Gabonese capital welcomes this week the elite of African civil aviation. As the continent’s aviation sector faces major post-pandemic challenges, the 9th edition of AFI Week promises to be a pivotal moment. Between growth ambitions and sustainability imperatives, African air transport players are called upon to redesign the future of African skies. Since Monday,...
The new form of the National Investment Company (SNI) is subject to the signing, on July 10, 2024, of a presidential decree transforming the public entity into a publicly-owned company with the State as the sole shareholder. Led for over 21 years by Yaou Aïssatou, the SNI will be subject to a new restructuring, 33...
Cameroon lacks an adequate interurban transport system. The public transport system is in chaos without reliability and comfort. However the Advent of digital technology is fast transforming the sector. This explains the creation of a reliable and effective Mobile app known as TRIP MASTER. TripMaster is the ideal partner for getting around. With this 100%...
Cold snap on the process of transferring funds and assets assigned to the Caisse des Dépôts et Consignations (Cdec) of Cameroon. While the institution has already collected several billion CFA francs from banking establishments, the sector regulator has decided to sound the alarm. In a circular letter signed on July 11, and addressed to banks,...
More than 9 million euros, or 6 billion FCFA. This is the amount of the overall envelope for the modernization work of the N’Gueli Dry Port in the city of Ndjamena. The official launch ceremony of the first phase took place on July 11, 2024. It was in the presence of the PCA of Africa...
The National Investment Commission (CNI) held its first annual ordinary session on July 10 in Brazzaville, under the direction of its president, Athanase Ngassaki. Of the twenty-two files examined, approval titles were granted to twenty companies, representing a total investment potential of more than 255 billion FCFA. For its first session in 2024, the CNI...
The Central African Stock Exchange (Bvmac) recorded 82 transactions for a total volume of 1,570,945 securities, representing a value of more than 14 billion FCFA in the first quarter of 2024. “The fluctuations in the Bvmac-Asi index during the first quarter of 2024 are mainly driven by the values of the Société africaine forestière et...
The European Union (EU) is one of the partners of the Republic of Congo with a portfolio estimated at nearly 50 billion FCFA for around twenty socio-economic projects. At the end of his mandate, the EU ambassador, Giacomo Durazzo, discussed the state of cooperation with Congo on 9 July in Brazzaville. The outgoing EU...
It is through a protocol of two agreements signed on July 8, 2024 with the Ministry of Agriculture and Rural Development, that the Agricultural Research Institute for Development (IRAD) will contribute its touch to boosting rice seed production in Cameroon. According to the terms of this protocol, during the next 3 years, Irad will focus...
In response to international demands, Gabon is undertaking an unprecedented approach to transparency in the management of its extractive resources. The country is committed to making public contracts and permits in the oil, mining and forestry sectors. What are the challenges and benefits for the transitional government? Gabon is taking a decisive step towards greater...
AFSIC – Investing in Africa, Africa’s Investment event, is only three months away and will take place7th-9th October 2024 in London. With superb support from a wide array of excellent sponsors AFSIC2024 promises to be bigger and better with over 1400 delegates expected. This is an unmissableopportunity to attend any or all of the below...
