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Peter Nsoesie

Equity Compartment of Central African Stock Exchange records 30% increase in 2023

The information contained in the 2023 activity report of the Central African Stock Exchange highlights the essential role played by the Cameroonian Regional Bank. According to the Bvmac activity report,...
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USA Grants 85 Million FCFA to Congolese NGOs

On October 30, the American government granted grants of $140,000, or 85 million CFA francs, to eighteen Congolese NGOs in Brazzaville. This aid will enable the beneficiary NGOs to carry out...
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UNIPACE actors demand Economic Revival in Central Africa

Central African economic leaders, gathered in Douala under the Union of Central African Employers (UNIPACE), call on governments to act in the face of failing infrastructure, unbalanced taxation and weak...
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Market Capitalization in the CEMAC zone reaches 13.5%

The Central African Stock Exchange (BVMAC) continues its growth, with a 13.5% increase to 1,633.7 billion FCFA in June 2024 in the market capitalization of all listed securities compared to...
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Tony Elumelu to Co-Chair New Africa Summit at the 8th Edition of Saudi Arabia’s Future Investment Initiative

Tony Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA), and the Founder of The Tony Elumelu Foundation (TEF), will co-chair the New African Summit, at the upcoming...
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Tony Elumelu on AfroCapitalism,UBA’s Global expansion and Africa’s future growth

By Nicholas Norbrook Fresh from meetings with Senegal’s President Faye and Aliko Dangote, and about to celebrate 40 years of banking in the US, UBA chair Tony Elumelu expands on...
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Kribi Container Terminal to invest 70 Billion FCFA in Expansion Programme

Kribi Conteneurs Terminal (KCT), manager of the Kribi Port Container Terminal, is continuing its expansion with a colossal investment of 70 billion FCFA for the acquisition of new equipment and...
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Congo and Russia agree to Speed up the Execution of Petroleum projects

Cooperation between the two countries has strengthened in recent years, thanks to the notable commitment of Russian companies in the oil and gas sector in Congo. After a meeting with...
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ICT University announces 5 Billion FCFA funding Scheme to advance Technological drive

5 Billion CFA frs is the amount that will help students realise their school projects at the ICT University in the days ahead. This announcement was made public by Professor...
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CCA Banks moves into Ultramodern Headquarters in Bonanjo

On October 19, 2024, CCA Bank inaugurated its new headquarters in Douala in the presence of influential personalities such as Louis Paul Motaze, Minister of Finance, and Samuel Eto’o Fils,...
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Why Youth Entrepreneurs Are Key to Tackling Climate Change in Africa – Tony Elumelu

I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to effectively tackle climate change within the African context,...
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Congo Budget Controllers consolidate Performance

The Ministry of Budget, Public Accounts and Public Portfolio organized, on October 15, at the International Conference Center of Kintélé, the first day of the budget controller. It aims to...
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CCA Bank Prepares for Bonanjo headquarters inaugural

On October 19, 2024, CCA Bank will celebrate the inauguration of its impressive new head office located at Rue Joss in Bonanjo, Douala. This state-of-the-art 15-story building represents a significant...
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Average cost of Congolese crude set at 78 Dollars

On October 11, the players in the national oil market agreed on the price of a barrel of crude oil at 78.59 dollars, representing an average quarterly differential of -0.34...
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