After the agreement between UBA Group and the Africa Continental Free Trade Area (AfCFTA) Secretariat in 2023 to invest $ 6 billion as funding for African Small and Medium Enterprises within the next three years. The MD/CEO of UBA Cameroon Jude Anele accompanied by some top executives held a round table session with the media...
In detail, between January and March 2024, four financing agreements valued at 240.7 billion FCFA were signed by the Cameroonian authorities. Of the total amount borrowed during the indicated period, we learn that 75.2% are loans whose interest rate is lower than market rates (concessional financing) and 24.8% are loans respecting market conditions. (non-concessional financing)....
In a bid to facilitate access to financial services, a partnership agreement has been signed between UBA Cameroon and the University of Ngaoundere. Prof. MAMOUDOU ABDOULMOUMINI Vice Chancellor of the University of Ngaoundere led the delegation, while Jude Anele MD/CEO led the UBA Cameroon team. The partnership will see university of Ngaoundere start a business...
According to information provided by the Ministry of Agriculture and Rural Development, the State will contribute 6.3 billion FCFA, while the Central African Forest Initiative (Cafi) will supplement with a donation of 4.2 billion FCFA (approximately 5 million dollars). This subsidy will benefit 75,231 producers, with a distribution favoring 80% of cocoa farmers and 20%...
VivaTech 2024 is thrilled to announce the participation of Harley Finkelstein, President of Shopify, as a distinguished speaker at this year’s event. With a remarkable entrepreneurial journey and extensive experience in business leadership, Harley brings invaluable insights into e-commerce, innovation, and entrepreneurship. VivaTech 2024 is delighted to welcome Harley Finkelstein, President of Shopify, as a...
The Cameroon Investment Forum (CIF) 2024, orchestrated by the API in Douala, highlights the import-substitution policy, targeting key sectors such as rice, corn, fish, milk and oil. webbed. Initiated in 2021, this strategy aims to boost local production. Private actors, during this gathering, expressed their concerns, particularly on land challenges and agricultural financing, essential for...
Although the market capitalization of available securities increased by 36.8% over one year, efforts are still expected so that the Central African Securities Exchange (Bvmac) achieves its objectives, underlines the report on monetary policy. of the Bank of Central African States (Beac), published at the end of March 2024. To better understand the increase observed,...
Mitigating the short-term impacts of food and nutritional insecurity in targeted areas, strengthening economic, climatic and community resilience these are the outlines of the framework financing agreement signed on April 22, 2024 in Yaoundé between the State of Cameroon and the FAO, whose Director General, Qu Dongyu is visiting Cameroon. Called “ Emergency Project to Combat...
Charlette N’Guessan, an advocate for responsible AI in Africa, is set to share her insights as a speaker at VivaTech 2024. With a background in AI product engineering, she has co-founded startups focusing on identity verification and facial recognition technology. Her presence at VivaTech presents an opportunity to highlight the importance of ethical AI development...
