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CCA Bank launches “Gisèle Success” for Young Entrepreneurs

Based on the start-up capital granted by Gisèle Nkemla to her husband Albert Nkemla (Chairman of the Board of Directors of CCA Bank) for the start-up of its activities, it was officially launched on Friday, February 28, 2025, during a press conference held in the auditorium of the CCA-Bank headquarters building in Douala. It is...

Tony Elumelu urges Cameroon to enter Strategic Partnership with the Private sector

At Cameroon Economic Meeting, Elumelu Calls for Strategic Collective Partnership to Boost African Economy The Chairman of United Bank for Africa (UBA) Plc and Heirs Holdings Group, Tony Elumelu, has stressed the need for a strategic and collaborative approach to drive sustainable economic growth on the African continent. According to him, to see the kind...

Congo adopts new Tool for Public Contracts

The concept note for the evaluation of the national public procurement system was validated on February 20 in Brazzaville by stakeholders (public administration, private sector and civil society). The new tool is based on the MAPS II evaluation methodology, which is supposed to guarantee better governance of public procurement.   The adoption of the national procurement...

SIC transfers 482.39 million FCFA in deposits to CDEC

As part of the regularization of unclaimed funds, the Société Immobilière du Cameroun (SIC) transferred 482.39 million FCFA in housing deposits to the Caisse des Dépôts et Consignations du Cameroun (CDEC). An operation that is part of a global dynamic of bringing financial institutions into compliance with the regulations in force. On February 19, 2025,...

Over 300 Billion FCFA needed to finance Development projects

The Minister of Finance, Louis Paul Motaze, accompanied by the Minister Delegate to the Minister of Economy, Planning and Regional Development, Paul Tazong, was in Douala on February 13, 2025 to present to the business community and regulatory institutions, the State Financing Plan for the 2025 financial year. It will require the State to resort...

UBA Group donates $500,000 to African Union Peace Fund

Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of $500,000 to the African Union (AU) Peace Fund. This donation by the UBA Group supports the AU’s efforts towards promoting security, conflict resolution, sustainable development, and a unified Africa, as envisioned...
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