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Peter Nsoesie

African Development Bank poised to raise $25 Million

Deprived of a joint financial windfall estimated at $555 million, the final blow from American leader Donald Trump, despite the consequences, should push the African Development Fund (ADF ), the concessional arm...
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Congo eyeing over 894 Billion FCFA from Taxation

The General Directorate of Taxes and Estates launched, on May 6, at the Brazzaville Convention Center, a campaign to popularize the 2025 finance law in order to meet the government’s...
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Gabonese President Honours Tony Elumelu for Championing African Development.

The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese...
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CAMTEL announces plans to create bottling line

As part of its 2023-2030 Five-Year Priority Investment Plan, the public company issued a call for international expressions of interest on April 30, 2025. The objective is to prequalify companies...
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African countries seek measures to boost Cotton sector

Gathered in Douala for the 17th meeting of the PR-PICA, cotton industry stakeholders from eight African countries discussed the threats facing cotton growing on the continent. Together, they identified ways...
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Congo Investment Commission approves Nine Companies

The National Investment Commission (CNI) held its first annual ordinary session on April 12 in Brazzaville. After reviewing the applications submitted for approval, it granted final approvals to nine companies,...
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Promotion of ”Made in Cameroon” key to AfCFTA Implementation

At the National Workshop on Import Substitution, the Ministry of SMEs and the Cameroon National Shippers’ Council (CNCC) reaffirmed their commitment to promoting “Made in Cameroon.” For two days, nearly...
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Paul Biya strengthens the National Investment Corporation

As part of the public sector reform, the President of the Republic, Paul Biya, appointed the members of the Board of Directors of the National Investment Company (SNI) on April...
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AFRIBAT 2025 Opens in Douala with focus on Contsruction

The 5th edition of the African Construction and Related Trades Exhibition (AFRIBAT 2025) opened in Douala against a backdrop of booming construction industries and the challenges of sustainable urbanization. Société Immobilière...
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 IFC and Afriland First Bank Join Forces with $60 Million for SMEs

In Yaoundé, April 2, 2025, the International Finance Corporation (IFC) and Afriland First Bank Cameroon announced an ambitious partnership aimed at facilitating access to financing for Cameroonian small and medium-sized...
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FECAFOOT and Custom Aministration partner to combat Fraud

 A unique partnership has emerged between the Directorate General of Customs and the Cameroon Football Federation (FECAFOOT). The goal: to combat the fraudulent importation and circulation of products under FECAFOOT’s...
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IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth

Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to its Advisory Council on Entrepreneurship and Growth, convened by IMF Managing Director,...
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Tony Elumelu Foundation Announces $15M Grant, 56 Cameroonian Entrepreneurs Among Beneficiaries

The Tony Elumelu Foundation (TEF) has unveiled a $15 million grant aimed at empowering 3,000 young entrepreneurs across 52 African countries as part of its 2025 entrepreneurship programme. The announcement...
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Rehabilitation of Ngaoundere – Garoua road to begin in April 2025

Cameroon signed two financing agreements with the African Development Bank (AfDB) on March 19, 2025, for the reconstruction of the Ngaoundéré-Garoua road. Totaling 216 billion CFA francs, this financing aims...
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