On a visit to Libreville, Cheick F. Kanté, World Bank Director for Central Africa, met with Prime Minister Raymond Ndong Sima on Wednesday. He reaffirmed the institution’s commitment to several strategic projects and denied any suspension of Gabon. Gabonese Prime Minister Raymond Ndong Sima received Cheick F. Kanté, Director of Operations for Central Africa at...
Led by Senior Social Protection Specialist Joachim Boko, the World Bank (WB) delegation will be in the Congolese capital from February 3 to 14. This mission is expected to accelerate the implementation of the social safety net program, including the launch of the new phase of cash transfers to vulnerable families. The arrival of the WB...
United Bank for Africa (UBA) Cameroon, in collaboration with Acha Eye Hospital, is taking a proactive approach to eye care and health awareness through a series of free eye screening campaigns. On January 24, 2025, the first of these campaigns was held in Douala, as part of UBA Cameroon’s broader corporate social responsibility (CSR) efforts....
Cameroon is actively preparing for the arrival of 5G by finalizing specifications that will define the technical, legal and environmental conditions for its deployment. This key step, scheduled for 2025, aims to modernize the national digital landscape, while addressing challenges such as the inclusion of rural areas and environmental impact. During the presentation of the...
On 28 January, during a press conference, the ambassador and head of the European Union (EU) delegation to the Republic of Congo, Anne Marchal, launched the activities of her institution and presented, at the same time, the flagship projects to be carried out in partnership with the Congolese authorities during this year. This conference, which...
In a global economic context marked by many challenges, the Bank of Central African States (BEAC) and the Central Bank of West African States (BCEAO) are strengthening their cooperation. Meeting in Yaoundé on January 27, the governors of the two institutions signed a joint action plan for 2025-2026, aimed at modernizing financial systems and promoting...
By welcoming the Cameroon Business Group (GECAM), the Autonomous Port of Kribi presented its new infrastructure, its strategic role and the opportunities it offers to investors. Objective: to strengthen its position as an economic hub in Central Africa. The Autonomous Port of Kribi (PAK), the largest port in Africa in terms of surface area, welcomed...
On January 22, 2025, in Douala, the Cameroonian Petroleum Depot Company (SCDP) unveiled the major strategic orientations that will guide its action for the current year. Securing sites, increasing storage capacities and diversifying activities are among the priorities, with the ambition of strengthening Cameroon’s energy security. The year 2025 promises to be decisive for SCDP....
Ecobank Cluster CEMAC leaders met in Douala on 22-23 January 2025 to define the major strategic directions for the coming year. Under the theme “GTR VANGUARD”, this event combining strategic vision and leadership laid the foundations for a forward-thinking positioning in the banking sector in the CEMAC region. For two days, the city of Douala,...
On January 23, the United Nations Development Program (UNDP) officially handed over to the government computer equipment and materials for the modernization of the geolocalized information unit of the National Center for the Inventory and Management of Forest and Wildlife Resources; as well as the Geomatics Unit of the General Directorate of Land Use Planning and...
At the end of December 2023, it was 3,305.79 carats, or half the quantity recorded last year.6,219.81 carats of diamonds were produced in 2024 in Cameroon: This figure was revealed on January 16, 2025 in Yaounde during a budget session of the Kimberly Process Certification Scheme (KPCS). The meeting was chaired by the Acting Minister of Mines,...
During the 11th edition of the Customs-Business Forum, Cameroon focused on the central theme: “The challenges of the structural transformation of the economy”. An in-depth analysis of the issues, the tools deployed and the persistent challenges reveals a process that is still slow, marked by mixed results and governance that needs to be strengthened. Faced...
Adopted by the Steering Committee of the Rice Value Chain Development Project in Cameroon. This speech is part of the mechanism for reducing massive imports of this cereal, the harmful impact of which contributes to further widening the country’s trade balance deficit. Unanimously, the members of the steering committee meeting in session on January 17,...
In order to structure and strengthen the domestic timber sector in the Republic of Congo, the International Technical Association for Tropical Timber (ATIBT) has taken a new initiative called “Project to support the private sector domestic timber market in Congo”. This was launched by the Inspector General of Forest Economy Services, Samuel Ossebi Mbila, on 21 January in...
The envelope will allow the construction of 250 linear meters of additional quay, the development of 7.9 hectares of open space and a Roll-on/Roll-off (RORO) station, not to mention the extension of Automated Tire Gantry (RTG) tracks by 1,200 linear meters. The Douala Ports Authority and the Douala-Bonabéri Port Exploitation and Construction Company (SCEPDB), a subsidiary...
Congo intends to modernize its public procurement system according to the MAPS II evaluation methodology, considered more efficient than the old mechanism. Executives from the public administration, the private sector and civil society are meeting from January 20 to 24 in Brazzaville to try to take ownership of the new public procurement evaluation tool. Considered...
The Minister of Finance, Louis Paul Motaze, chaired the official launch of the State budget for the 2025 financial year in Buea on January 15, 2025. Under the banner of economic recovery and reconstruction, this ceremony provided an opportunity to present national priorities and projects specific to the South-West region. It was in a warm...
For the third consecutive year, the Autonomous Port of Douala (PAD) has obtained the long-term ratings “A” and short-term “A2” awarded by Bloomfield Investment Corporation. These results confirm the financial strength and international credibility of this strategic institution, despite the challenges of a tense global economic context. On January 16, 2025, the Autonomous Port of...
