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Peter Nsoesie

Cameroon sells its 15 Mining projects at International Mining Convention, EU to produce National Strategic Mining Program

The 4th edition of the Cameroon International Mining Convention and Exhibition (CIMEC) opened on May 23, 2024 in Yaoundé. Around the Prime Minister, Head of Government and personal representative of...
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UBA fetes 75 years of Innovation, Stability and Resilience with Customer centered policy

1949-2024. It has been 75 years since United Bank for Africa (UBA) was founded. Previously known as the French and British Bank, it has overcome thick and thin to position...
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Yaounde to host over 50 Ministers for Global Mining Convention CIMEC

The political capital of Cameroon, Yaoundé, is preparing to become the nerve center of international mining discussions with the holding of the 4th edition of the International Convention of Mines...
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Quarterly borrowing rate – Cameroon reached the mark of 101.3% in 3 months

In detail, between January and March 2024, four financing agreements valued at 240.7 billion FCFA were signed by the Cameroonian authorities. Of the total amount borrowed during the indicated period,...
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FODECC to give 10.5 Billion FCFA Subsidy to Cameroon Cocoa and Coffee farmers

According to information provided by the Ministry of Agriculture and Rural Development, the State will contribute 6.3 billion FCFA, while the Central African Forest Initiative (Cafi) will supplement with a...
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Full Year 2023: UBA Gross Earnings Rises by 143% YoY, Profit hits $1.06bn

• Declares 0.24 cents Final Dividend• Total Assets Rise by 90.2% to $21.7 billion• Shareholders’ Funds Hits $2.1bn, achieving an impressive growth of 120.2%. In another unprecedented performance, Africa’s Global...
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Cameroon Investment Forum; Business leaders call for reforms to stimulate import-substitution

The Cameroon Investment Forum (CIF) 2024, orchestrated by the API in Douala, highlights the import-substitution policy, targeting key sectors such as rice, corn, fish, milk and oil. webbed. Initiated in...
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FAO and Cameroon Government seal 1 billion FCFA Convention to boost Agro-pastorial sector

Mitigating the short-term impacts of food and nutritional insecurity in targeted areas, strengthening economic, climatic and community resilience these are the outlines of the framework financing agreement signed on April...
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2 billion FCFA bonuses to Cocoa farmers in Cameroon

During a press conference held in Yaoundé, the Minister of Commerce, Luc Magloire Mbarga Atangana, announced the allocation by the Cameroonian government of quality bonuses, amounting to 2 billion FCFA,...
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CAMAIR-Co announces Point Noire route

In a dynamic of expansion, Camair-Co, the national airline of Cameroon, has just announced the addition of Pointe-Noire, economic capital of Congo, to its network of destinations. This announcement comes...
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Gabon Takes Steps to Enhance Control Over Forest Product Export: Ministry Launches Training Workshop

In order to improve the effectiveness of controls on wood production and the export of processed forest products, the Ministry of Water and Forests launched this Monday, April 15, a...
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Celestin Twamba starts new GECAM era

Elected with 98.18% of the votes from the Groupement des Entreprises du Cameroun (Gecam), Célestin Tawamba, the only candidate in the race, presented to business leaders the roadmap which will...
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Diamond Trade: SEM obtains its first Kimberley Process certificate

Designated the first Gabonese diamond trading post, the Société Équatoriale des Mines (SEM) obtained its first Kimberley Process certificate on March 25. The first issued by the Gabon section of...
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Africa will dominate the top 10 of global growth in 2024

Outlooks from major international institutions indicate that Africa is preparing to dominate the global economic landscape in 2024. For the ECA, Niger, Senegal, Ivory Coast, DRC and Rwanda will particularly...
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