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NEWS

The official launch of the ‘Ellever’ program by Ecobank Cameroon took place on March 30th, 2021 in Douala with the presence of administrative authorities and several women entrepreneurs and business owners from all sizes and various sectors (Oil & Gas, agriculture, distribution, photography, event planning, catering, education, communication, childcare, fashion, beauty & hair etc.) of...
According to the explanations of Célestin Tawamba, president of GICAM, who was leading the work, the financing of the economy is a matter of Arles. This sinews of war which preoccupies captains of industries and any economic operator poses a double problem for businesses in general. “At the structural level, we note the low rate...
To implement this private project at a total cost of 10.4 billion CFA francs Global Development. The BDEAC grants a loan of 5 billion CFA francs, or 48% of the total cost while the BSCA-Bank grants a loan of 2.6 billion CFA francs or 25% of the total cost, Global Developpement puts as equity 2,...
The Congolese capital is, in fact, used to hosting pan-African and international meetings. For the time being, the mission reserves the right to comment on this matter. She continues to work with the Congolese authorities, with field visits, before revealing the content of her assessment. "The challenge is to report on evaluations on the ground,...
Raoul Keddy is an international business & affairs consultant, government Relations & public affairs expert, speaker and lobbyist. He is the Founder & Managing Director of Raked Intl LLC. Through Raked Intl LLC, Raoul has been instrumental in developing strategic plans, establishing key partnerships, facilitating negotiations and organizing trade mission trips. Keddy has helped to...
According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support to SMEs and the private sector, through lines of financing to banks local and financial institutions. In particular, it will assist in the development of...
Thus, for this year, the Monetary Policy Committee of the Bank of Central African States predicts, in particular, a real gross domestic product (GDP) growth rate of 1.%, against -2.1% in 2020; an increase in inflationary pressures to 2.7% against 2.4% a year earlier; a reduction in the budget deficit (commitment basis, including grants) to...
However, year-on-year, loans granted to the private sector increased by 2.9% to CFAF 1,132.6 billion in December 2020. They represented 70.9% of total loans against 67.9% in December 2020. This availability of resources would have made it possible to support private sector actors during the last health crisis.
According to the Minister of SMEs, craftsmanship and the informal sector, Yvonne Adelaide Mougany, the goal has been achieved, that of engaging entrepreneurial culture among young people and women. All social layers have been selected in this national private sector support initiative, as women account for 31% of all winners and 14% for vulnerable people.
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