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Critics raise questions over C.A.R’s huge Debt to Lebanon estimated at 12 Billion FCFA

According to information obtained from the financial departments of several Lebanese business operators established in the Central African Republic, President Faustin-Archange Touadéra has accumulated a debt of nearly 12 billion CFA francs. But no one really knows what this money is for. No one knows if this debt is personal or if it binds the...

Gabon’s Ndende – Doussala road benefits from AfDB funding

The African Development Bank’s (AfDB) commitment to supporting Gabon in implementing its national development policy, as well as ongoing projects in the country, was at the heart of discussions on December 6 between President Brice Clotaire Oligui Nguema and the President of the AfDB Group, Sidi Ould Tah. “The African Development Bank is fully committed...

Cameroon Government commits 1.5 Billion FCFA to strengthen Agriculture and Livestock sector

This financing signed in Yaoundé, between the Ministry of Small and Medium Enterprises and the Cameroonian Bank for SMEs (BC-PME), intended to strengthen agricultural, pastoral and fishery production, marks a key step in the national strategy of import-substitution and modernization of local sectors. The Minister Achille Bassilekin III and the Deputy Director General of BC-PME,...

CAMTEL and Ethio Telecom seal Agreement to boost Cameroon’s Telecommunications Sector

The Cameroon Telecommunications (Camtel) and Ethio Telecom, the Ethiopian state-owned telecommunications operator, signed a strategic partnership agreement aimed at transforming the telecommunications sector in Cameroon by leveraging Ethio Telecom’s success. This agreement, which combines ambition and expertise, addresses the country’s digital challenges. This is a major turning point for the telecommunications sector in Cameroon. Judith...

Orange Cameroon continues to empower upcoming Entrepreneurs

The competition, launched in July of each year for the benefit of students of all specialties and other project leaders, invited to develop innovative technological solutions to meet major societal challenges in order to build a more sustainable and inclusive world, which took place this year under the theme “Startup4Good: Sustainable solutions, driven by the...

Access Bank finalizes acquisition of Standard Chartered Bank operations

We are pleased to announce the successful transfer of Standard Chartered’s operations to Access Bank Cameroon. This divestiture is part of Standard Chartered’s global strategy to improve operational efficiency, reduce complexity, and foster growth at scale. In April 2022, Standard Chartered made the strategic decision to withdraw from several markets, including Cameroon. The migration completed...