With a capital of 30,576 billion CFA francs, this port company 100% owned by the State of Cameroon was classified as a high-class company of national importance on December 19, 2023 by the Central African Banking Commission (COBAC) on December 19, 2023. during an ordinary session in Douala. High standing company of national importance or...

Boissons du Cameroun marked an 18% increase in its production capacity through the inauguration of its new line installed in its Yaoundé factory. Built by the Krönes company and inaugurated on March 21, 2024, by the Minister of Commerce, Luc Magloire Mbarga Atangana, representative of the Prime Minister; this new production unit will boost the production...

In a national call for tenders marked “under emergency procedure”, the State of Cameroon via the Ministry of Finance is seeking structures for the production of the general tax code for the 2024 financial years, 2025 and 2026. Upon reading the document signed by the Minister of Finance, Louis Paul Motaze dated March 18, 2024,...

This Thursday, March 21, the Forum on the financing of Gabonese industries opened in Libreville. Work planned over two days that François Mbongo Rafemo Bourdette, responsible minister, wants to be “educational, methodical and practical so that solutions are found” with a view to real participation of the sector in the national economy. The Deputy Prime...

Between the 1st and 2nd quarter of 2023, the interest rate granted to individuals increased in Cameroon as highlighted in the report on lending rates practiced by Cemac countries. According to the said report, the rates rose from 13.33% to 16.62% between the two periods, an increase of 329 basis points (3.2%), which demonstrates that...

A welfare and social security organization in poor condition, the National Social Security Fund (CNSS) requires “systemic reform” as recommended in the report of the task force in charge of auditing Gabon’s internal and external debt . To find out more about the situation, the Minister of the Economy and Participations, Mays Mouissi, received, this Wednesday,...

During an emergency meeting on March 18, 2024 in Yaoundé, Minette Libom Li Likeng, Minister of Posts and Telecommunications, instructed communication operators on measures for continuity of service. Cameroon and several other African countries have been facing an internet outage since March 12, 2024. The reasons given relate to a disconnection of submarine cables. A...

Within the framework of a Partnership Agreement between the University of Buea (UB) and DOBRE Technologies (DOBRETECH), the UB IT Centre has been equipped with state-of-the-art equipment to provide six-month hands-on certification courses in Cloud Computing and Cybersecurity. The Chief Technological Officer (CTO) of DOBRETECH, Mr. Ewane Metuge Jr. and his team were in UB...

The public company Gab’Oil, specializing in the marketing and distribution of petroleum products, recently signed a partnership agreement in China with the company Shanghai Eternal Faith Industry Company Ltd (Sefic) which will allow it to continue to easily offer the bottle of butane gas at the price set last January, as part of the policy...

The national advisors adopted, this Tuesday, March 19 at the Palace of Democracy, the bill ratifying the cooperation agreement in matters of criminal police between the States of Central Africa. The session began with the reading of the criminal police cooperation agreement between the Central African States. This agreement aims to improve cooperation between the...

These are the shortfalls that the Cameroonian state real estate agent has recorded from 1994 to date. “In 30 years we have estimated the loss at around 90 billion that the State is bearing . It must be admitted that in other Nations, the State has completely disengaged but here (in Cameroon), the magnanimity of the Head...

Born on March 16, 1994 in N’djamena in Chad following the Treaty signed by the founding fathers, the Economic and Monetary Community of Central Africa launches its thirtieth anniversary festivities on March 16, 2024 as reported in a press release dated March 8 2024 in Malabo. Organized under the theme, “Thirty years of CEMAC experience...

In its 6th edition, the Madiba Festival along the banks of the Wouri River in the Littoral Region of Cameroon, from March 1st to 3rd, 2024, served as a platform for cultural exchange and heritage sharing, showcasing a spirit of unity and coexistence. Under the leadership of its promoter, Narcisse Mouelle Kombi, a native of...

In the political labyrinth of Nzuiland, the series “The Battle of Beauties,” an original creation by Canal Plus, immerses us into a world where political intrigues intertwine with tumultuous relationships and lofty ambitions. A Tale of Plots and Political Ambitions At the heart of the plot is Elie Mba, a fickle politician who finds himself...

Angola’s recent decision to exit the Organization of the Petroleum Exporting Countries (OPEC), driven by disputes over production quotas, has set in motion a significant recalibration within the oil-producing alliance. The departure of Angola, a historically influential member, acts as a catalyst, prompting key member nations to revisit and reinforce their commitment to OPEC’s collective...

In a move laden with implications for Chad’s political landscape, citizens have given their nod to a new constitution, as declared by the military rulers steering the trajectory of this Central African nation. According to preliminary results, a substantial 86% of votes favored the proposed constitutional amendments, consolidating more authority around the head of state....

In a dynamic convergence of entrepreneurs, investors, and business leaders, the tenth edition of the AFSIC – Investing in Africa conference held at the Park Plaza Westminster Bridge Hotel in London marked a resurgence of energy post-COVID. With over 1,200 delegates, 350 speakers, and a formidable assembly of institutional investors managing assets exceeding $1 trillion,...

In the vibrant heart of London, the tenth annual AFSIC event unfolded its transformative narrative in early October 2023, placing a spotlight on dedicated investments. AFSIC, the zenith for asset management firms with a keen eye on African investments, presented an exclusive platform where industry leaders from diverse sectors converged – from banking and fintech...