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For 30 young entrepreneurs across Cameroon, a new chapter has just begun. The Tony Elumelu Foundation (TEF) has unveiled its 2026 cohort of entrepreneurs, bringing fresh opportunities for business owners across the country to access funding, training, and mentorship.This year’s announcement, made by Nigerian philanthropist Tony Elumelu, introduces 3,200 entrepreneurs selected from over 265,000 applicants...
Over 265,000 applications received – from all 54 African countries Underscoring Africa’s vibrant entrepreneurial sector and the vital role of early-stage funding Agriculture, Artificial Intelligence, Healthcare and Green Economy top sectors from applicants US$16 million to be disbursed throughout 2026, including progammes with global partners The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young...
By Jacques Raymond Tedongap | cemac-eco.finance | Reading Time: 3 min With $100 million deployed and 1.5 million jobs created over a decade, the Tony Elumelu Foundation (TEF) has proven that micro-seed funding can generate macro-economic returns. For the CEMAC region, where traditional banking often ignores early-stage ventures, this 1:42 financial multiplier offers a definitive...
Five years after telling us she dreamed of Netflix deals, the Blue Rain Entertainment founder has built the CEMAC region’s first streaming empire—and proven that creative industries can outshine oil as an economic driver. When Syndy Emade sat down with cemac-eco.finance in 2020, she had a modest ambition: to get Cameroonian films on Netflix. Today,...
Published: March 2026 | By: Peter Nsoesie In Brief: French football star Kylian Mbappé has channeled over $1 million into the comprehensive renovation of a public school in his family’s native district of Douala, Cameroon. This targeted philanthropic effort seamlessly bridges the worlds of elite sports, ancestral roots, and youth education. 1. The Bonendale Project:...
Ethiopis Tafara, Vice President for Africa of IFC, a member of the World Bank Group, will visit Rwanda from March 12-13. His first visit to Rwanda since being named to the role, Mr. Tafara will engage with government and private-sector partners to support the country’s aims to improve living standards and income for its people...
The Managing Director of Ecobank Cameroon, Gwendoline Abunaw, has encouraged women to be confident, resilient and intentional in their leadership journeys. She made the remarks on March 3 during an exchange session in Douala with female journalists who are members of the Cameroon Association of English-Speaking Journalists (Camasej). The meeting formed part of activities marking...
Regularly praised by the Extractive Industries Transparency Initiative (EITI), Cameroon’s national oil company affirmed its commitment to fighting corruption in the hydrocarbons sector during a working session with the civil society organization Transparency International Cameroon. Despite weak engagement from various stakeholders in Cameroon’s hydrocarbon value chain, which led the Extractive Industries Transparency Initiative ( EITI ) to suspend...
The Cameroonian subsidiary of the Gabonese group held its board meeting on February 27, 2026, in Douala. The directors approved a major recapitalization of the institution, increasing its capital from 20 to 50 billion FCFA. This decision comes as the bank’s performance exceeded the targets set for the past fiscal year. The Board of Directors...
The energy crisis affecting Greater Libreville is manifested by rotating power outages lasting an average of two hours per day, imposed by the Gabonese Water and Energy Company (SEEG) as a “last resort.” This structural imbalance pits a growing electricity demand of nearly 5% per year against an insufficient supply, impacting households and economic activity....
A large delegation of Chinese experts in the field  met on March 1 in Brazzaville with the Minister of Posts, Telecommunications and Digital Economy, Léon Juste Ibombo, to discuss the modalities for the joint implementation of the mega  satellite communication project. The Chinese experts came to Congo as part of the implementation of the Congo-Ocean Railway (CFCO) rehabilitation...
On February 26, 2026, the Cannes Film Festival made a historic announcement: 62-year-old South Korean filmmaker Park Chan-wook will serve as the Jury President for its 79th edition. With twelve feature films to his name and three past awards from the Croisette, Park becomes the first South Korean director to hold this prestigious position. The...
A confidential debate reveals deep tensions between the traditional creative economy and the “Creator Economy.” Between unmissable opportunity and structural dependency, the French audiovisual sector questions its future. Introduction: The Uncomfortable Question “Should we work with YouTube?” The title of the debate organized in February 2026 by médiaClub and USPA (Union of Audiovisual Production Unions)...
From financing subsistence to investing in transformation, the continent alters its economic calculus. An appraisal of a pivotal moment that may alter everything — or nothing whatsoever. Addis Ababa, February 2026 — One had ceased to believe it possible. Then, quite without warning, something shifted. Not a dramatic rupture, certainly not a revolution. Merely a...
Economic Analysis – The International Agriculture Show becomes the launchpad for a transforming agricultural giant. Focus on investment opportunities for international financiers, agribusiness corporations, and impact investors. Paris, February 21, 2026 – The year’s premier agricultural economic event opens today at Paris Porte de Versailles. Côte d’Ivoire, West Africa’s leading agricultural power, takes center stage...
At the end of their 48-hour visit to Brazzaville, the Senegalese president, Bassirou Diomaye Faye, and his Congolese counterpart, Denis Sassou N’Guesso, expressed, during a joint press conference, the need to deepen their cooperation in the oil and gas sectors. “Senegal recently discovered oil and gas, the exploitation of which began last year, something Congo...
Gathered in Douala from January 26 to 29, 2026, the senior management of the BGFIBank Group held their major strategic convention for the third consecutive year, combined with seminars for the Commercial, Commitments, and Quality departments. This key event allowed the leading financial group in the CEMAC zone to define its 2026 roadmap and officially...
CCA-BANK is taking another step in its support of Cameroonian businesses with the official launch of CCA Credit-Bail, an innovative financing solution designed to facilitate equipment acquisition and support business growth. This initiative is part of a broader strategy to modernize financial services and stimulate the local economy. Thursday, January 29, 2025, will remain a...
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