President Paul Biya has officially awarded Camalco, a subsidiary of Australian Canyon Resources, the permit to exploit the Minim-Martap bauxite deposit. This major mining project, worth $2 billion, is expected to make Cameroon a major player in the global bauxite market. However, experts have reservations about the economic benefits for the country. Cameroon has taken...
The Autonomous Port of Douala (PAD) and the Chamber of Agriculture, Fisheries, Livestock and Forestry (CAPEF) are intensifying their cooperation to modernize Cameroon’s port infrastructure. This collaboration mainly targets two major projects: the construction of a fishing quay at the Port of Limbe and the development of a central warehouse for the storage of export...
The National Order of Chartered Accountants of Congo (ONEC-C) organized, from September 5 to 6 in Brazzaville, a training session for accountants on international public sector standards (IPSAS) which aim to improve the quality of financial information of entities in the said sector. The seminar participants were refreshed on the accounting of fixed assets and inventories, the...
Taking advantage of his stay in China, the President of the Transition went to the city of Nanjing where he visited NARI group corporation, one of the Chinese leaders in the transformation and distribution of electrical energy. While Gabon is accumulating a deficit in this area, NARI could offer innovative and intelligent solutions. A team...
Prime Minister Anatole Collinet Makosso began his visit to Pointe-Noire with a working session with the leaders of the Autonomous Port, with whom he discussed current projects and the 2030 vision of this port infrastructure. Accompanied, among others, by the Minister in charge of General Education, Jean-Luc Mouthou, the head of government visited the various...
During the 2nd Gabon-China Economic Forum, which began on Tuesday, September 3, 2024 in Beijing (China), the Minister of Mines, Gilles Nembe, took the opportunity to highlight Gabon’s strengths in the mining sector. Following discussions between the two parties, agreements on the mobilization of more than $4.3 billion in favor of Gabon were concluded with...
Chinese President Xi Jinping on Wednesday met with Cameroonian President Paul Biya, who is in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC).The two leaders announced the elevation of bilateral relations to the rank of comprehensive strategic partnership.Biya’s participation in all previous summits has demonstrated the great importance he attaches to...
The eleventh session of the Permanent Consultation Framework (CPC) of the Public Treasuries with the Treasury Securities Specialists (SVT), opened on September 3 in Brazzaville, is devoted to the challenges of the financial market in the sub-region. Nearly 13 years after its creation, the Treasury securities market is facing a decline in subscriptions, the accumulation...
The Minister of Small and Medium Enterprises (SMEs) and Handicrafts, Jacqueline Lydia Mikolo, and the President of the Congress of Business Leaders of Congo, Paul Nestor Mouandzibi Ndinga, signed a memorandum of understanding on August 29 in Brazzaville aimed, in a global manner, at synergy for the development of SMEs. For Paul Nestor Mouandzibi Ndinga,...
Presenting an innovative platform to boost online newspaper sales, familiarizing media people with the use of AI, this could be summed up in the Master class organized on August 30, 2024 in Yaoundé by MTN Cameroon, the Cameroonian subsidiary of the South African mobile telephony giant. In a context where digital technology is developing rapidly....
Countries in the sub-region must regularly publish data on their greenhouse gas emissions and absorptions, in accordance with the Paris Agreement. African experts have been meeting on this subject since August 27 in Brazzaville to try to share experiences on the preparation of biennial transparency reports (BTR) in the run-up to COP29 in Baku, Azerbaijan....
Under the leadership of the President of the Transition, the company Solen, leader in the field of renewable energies, announces the completion of the largest solar power plant, to date, in Central Africa. This infrastructure, whose official reception is scheduled for September 28, could power up to 300,000 homes thanks to its power of 30...
Only four days after ordering an in-depth audit of the Gabon Electricity and Water Company (SEEG), the transitional president announced on Tuesday night, August 27, through the CTRI spokesperson, the provisional administration of the public company that is increasingly mired in difficulties in light of the recently revealed scandal. Having decided to overhaul the current...
As part of the implementation of the Digital Transformation Acceleration Project (PATN), the Minister in charge of the Digital Economy, Léon Juste Ibombo, received a delegation from the World Bank (WB), led by Djibrilla Karamoko, in Brazzaville on August 27. The progress of this project, financed to the tune of 100 million US dollars by this...
Driven by fraud, the State of Cameroon lost 3.1 billion CFA francs per year over the period 2010-2021, indicate the results of a tripartite audit conducted by the Minfi, the Ministry of Defense (Mindef) and the General Delegation for National Security (DGSN). Since July 2024, the Minister of Finance, Louis Paul Motaze, has taken a...
Based on the published information, it is discovered that, from January to June 2024, the performance achieved by MTN Cameroon is up by 16% compared to the first half of 2023. According to the local Cameroonian managers of the South African firm , “… MTN Cameroon recorded satisfactory growth in its service revenues of 12.9%, outperforming...
Congolese and Central African authorities are considering the possibility of reopening the Brazzaville-Bangui air link, suspended since the covid-19 health crisis. But this desire to re-establish direct flights between the two capitals soon risks coming up against many constraints, particularly economic ones. There are no direct flights between the Republic of Congo and the Central...
British American Tobacco Cameroun (BATC) is pleased to announce the appointment of Dr. Elias Pupesie Pungong as Chairman of its Non-executive Board (NeB), effective 16th August 2024. Dr. Elias Pungong, a globally recognised stateman has established himself as a distinguished advisor in leadership and governance, particularly within the African energy sector. He brings an...
