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CEMAC Banks to receive 750 Billion FCFA from BEAC this week

Faced with a growing demand for liquidity and the pressure on financing systems in the sub-region, the Bank of Central African States (BEAC) recently made an exceptional injection of 750 billion FCFA into banking circuits, during its latest call for tenders. This is the highest level recorded since 2019, up 50 billion CFA francs compared...

Government plans to open Electricity Transportation to private sector

The National Electricity Transmission Company (Sonatrel), responsible for electricity transmission in Cameroon, is showing signs of weakness. To address this situation, the government plans to open this strategic sector to private capital. The initiative aims to stabilize power supply and modernize the country’s aging infrastructure. Cameroon’s electricity transmission landscape is on the verge of a...

CAMWATER on the path to recovery under Blaise Moussa

For three years, the new CEO has been working to turn around a struggling company. Through bold reforms and proactive management, he has gradually restored confidence, improved drinking water supplies, and transformed the company’s landscape. September 30, 2025, marked the third anniversary of Dr. Blaise Moussa taking over as CEO of Cameroon Water Utilities (Camwater)....

Maixent Raoul Ominga reappointed as head of Congo’s SNPC

On October 16, President Denis Sassou N’Guesso issued a decree appointing Maixent Raoul Ominga as Director General of the Société Nationale des Pétroles du Congo (SNPC) for a five-year term. Chartered accountant and in-house executive, Maixent Raoul Ominga, Director General of SNPC since February 28, 2018, has just been reappointed to this position by the...

The $18 Billion Gold Standard: How Burkina Faso is Arming its Economy to Build Total Sovereignty

An announcement has sent shockwaves through the West African economic landscape: in less than two years (October 2022 – Q1 2024), Burkina Faso has generated $18 billion (nearly 11,000 billion FCFA) from its gold exports. Far from being a simple statistic, this colossal sum is the first tangible symptom of a radical structural transformation. Under...

Driving Africa’s Growth: UBA Launches Visionary White Paper on the Continent’s Next Frontier

UBA Leads African Economic Dialogue with New White Paper at IMF Meetings Africa’s leading global bank, United Bank for Africa (UBA) Plc, has once again demonstrated its commitment to driving sustainable growth and economic transformation on the continent with the official launch of its groundbreaking white paper, “Banking on Africa’s Future: Unlocking Capital and Partnerships...