From 17 to 21 February 2025, Libreville will host the expert meeting of Study Group 3 of the International Telecommunication Union (ITU) dedicated to the economic and political challenges of telecommunications in Africa. Organised by the ITU and Arcep Gabon, this workshop brings together around sixty experts to discuss tariff models, international connectivity and regional...

The distribution and marketing of electricity in the Republic of Congo is now entrusted to the National Electricity Company of Senegal (Senelec), for a period of ten years.  A leasing agreement on this subject was signed last week between the two countries. The agreement that entrusts the management of the segment related to the distribution and...

On the occasion of the 59th edition of the Youth Festival, Marguerite Fonkwen Atanga, Managing Director of CCA-Bank, reaffirmed the banking institution’s commitment to youth entrepreneurship. Through the “CCA Starter” program, the bank supports students and young entrepreneurs by providing them with the tools and financing necessary to realize their projects. During the Youth Day...

Faced with economic challenges, the Ministry of Economy, Planning and Regional Development (MINEPAT) has defined the main strategic orientations for the year 2025. The annual conference of central and decentralized services, held on February 4, 2025 in Yaoundé, was an opportunity to focus on economic diversification and the optimization of public investments. Under the theme...

Gabon is currently facing a huge energy crisis. Entire cities are experiencing power cuts. Economic operators and the population are depressed by the inconvenience caused. The government, for its part, is trying to reassure and is looking for solutions to resolve this problem in the long term. Hence the working session on February 12, 2025...

The President of the Transition, General Brice Clotaire Oligui Nguema, met with the United States Ambassador to Gabon, Vernelle Trim Fitzpatrick, on February 12, 2025. At the heart of the discussions: American investments in Gabon, the inauguration of the Coca-Cola factory in Owendo and a cybersecurity initiative for the training of 1,000 young Gabonese. On...

After its successful roadshow in Brazzaville on February 10, the delegation of the Société nationale des pétroles du Congo (SNPC), led by its general manager, Maixent Raoul Ominga, met with investors in Douala, Cameroon, on February 11 and with those in Libreville, Gabon on the 12th. To this end, the Congolese public oil operator presented...

Cameroon’s Minister of Trade, Luc Magloire Mbarga Atangana, received in audience, on Thursday, February 13, 2025, a delegation from the Global Youth Leadership for Sustainable Cocoa (GYLSCO) program. This project, which places youth at the heart of the future of African cocoa, will be officially launched next April in Yaoundé, with a first group of...

The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, from all 54 African countries , today, signed a USD$6million strategic partnership agreement with the UAE Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation (an affiliate of Erth Zayed) to provide business training, mentorship, access to networks, and non-refundable $5,000...

One year after the provisional acceptance, the Autonomous Port of Douala (PAD) has officially validated the final acceptance of the works of phase 2 of the project to secure the port area of ​​Douala-Bonabéri. Financed to the tune of more than 32 billion FCFA, this strategic project has made it possible to strengthen the security...

The BGFIBank Group held its Executive Convention and several strategic seminars in Douala from January 28 to 31, 2025. The objective: to mobilize teams, strengthen operational efficiency and prepare for the post-2025 period. A key event for the banking leader in the CEMAC zone. Cameroon’s economic capital, Douala, hosted nearly 120 senior executives from the...

The financial market of the Economic and Monetary Community of Central Africa (CEMAC) experienced a significant drop in transactions in the last quarter of 2024. According to the Quarterly Bulletin of the Stock Exchange of Central Africa (Bvmac), transactions fell by 21% compared to the previous quarter, reaching 2.7 billion FCFA. This decline is explained...

On February 7, a World Bank portfolio monitoring meeting in Chad was held between a World Bank team, led by its Resident Representative Rasit Pertev, and another from the Ministry of Finance, led by Minister Tahir Hamid Nguilin. The meeting aimed to assess the progress and disbursement of the 21 World Bank-financed projects in the...

Announced 16 months ago, the renationalization of Eneo continues to flounder. A monotonous situation that is gradually leading the electricity sector into total agony, thus reinforcing the place of obscurity that has become king among Cameroonian households. Considered a sector of sovereignty in most countries in the world. The electricity segment in Cameroon is facing...

After two consecutive terms at the head of the African Development Bank (AfDB), Akinwumi Adesina is preparing to hand over the reins in May 2025. Five personalities with solid profiles and strategic support are vying for the presidency of this key pan-African institution. Between financial expertise, networks of influence and geopolitical balances, the battle for...

On January 28, 2025, Cameroon was conspicuous by its absence at a crucial hearing before the Court of Arbitration of the International Chamber of Commerce (ICC) in Paris. This refusal to appear is part of the dispute between it and the Australian mining company Sundance Resources, which is claiming $5.5 billion after the loss of...

The revival of economic relations between Gabon and Saudi Arabia should accelerate. On February 4, the Deputy Prime Minister in charge of Planning and Foresight received a delegation from the Saudi Fund for Development (FSD). At the center of the discussions was the consolidation of a historic partnership and the establishment of advantageous financing to...

For over a year, the 7-year bonds issued by the State of Cameroon in 2023 have remained particularly popular on the Central African Stock Exchange (Bvmac). Despite persistent purchase offers, their holders have shown little inclination to part with them, a sign of lasting confidence in this security. Since the trading sessions of January 30...