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Douala Port adopts 244 Billiob FCFA to strengthen Competivity in 2026

Meeting in Douala on December 22 and 23, 2025, the administrators of the Autonomous Port of Douala (PAD) adopted an ambitious budget for the 2026 financial year. Valued at nearly 244 billion FCFA, this financial package reflects the port company’s desire to consolidate its performance, modernize its infrastructure and support the growth of maritime trade in...

Heirs Energy secures $750 million from Afreximbank to boost its oil production

This financing, estimated at over 400 billion CFA francs, obtained by Heirs Energy from Afreximbank, aims to optimize its capital structure and support its ambitious development program. This partnership seeks to transform Nigeria’s energy capacity at a time when demand continues to rise. On December 22, 2025, in Abuja, a significant announcement captured the attention...

Ministry of Finance outlines mechanisms for Interest free Islamic Finance funding

On December 22, 2025, in Yaoundé, the Cameroonian Ministry of Finance launched a national campaign to promote Islamic finance, in a context marked by the search for alternative mechanisms to finance the economy. The ceremony was held under the theme “Islamic Finance: Reforms, Regulation, Challenges and Prospects”. “It is an ethical, inclusive and complementary financing...

CDC gets 51 Billion FCFA to modernize its Processing Units

This funding of 78.8 million euros, or 51.8 billion FCFA, announced by the Cameroonian government, aims to transform the industrial units of the Cameroon Development Corporation (CDC), a key agro-industrial company specializing in the cultivation of rubber, oil palm and banana. On December 19, 2025, a major milestone was reached for the Cameroon Development Corporation...

Alvine Towoba appointed New Managing Director of CCA Bank

Alvine Mefotie Tiwoda has been appointed Managing Director of CCA-Bank following a Board of Directors meeting held on December 18, 2025. Previously Deputy Managing Director, she succeeds Marguerite Fonkwen Atanga and brings with her 22 years of solid experience in the banking sector. On December 18, 2025, CCA-Bank announced a change at the top of...

Cinema as a Weapon of “Soft Power” and Cultural Growth

Paris, December 21, 2025 – The 7th edition of the International Festival “L’Afrique Fait Son Cinéma” concluded in grand style on Saturday, December 20, at EICAR Paris. Under the presidency of its founder, Blaise Pascal Tanguy, this major event celebrated the excellence of African and Caribbean creators, confirming the vital role of the image in...