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Peter Nsoesie

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15 Billion FCFA to strengthen Rice Value Chain in Cameroon

January 21, 2025By
Adopted by the Steering Committee of the Rice Value Chain Development Project in Cameroon. This speech is part of the mechanism for reducing massive imports of this cereal, the harmful...
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Congo unveils new Project to promote Domestic Wood Industry

January 21, 2025By
In order to structure and strengthen the domestic timber sector in the Republic of Congo, the International Technical Association for Tropical Timber (ATIBT) has taken a new initiative called “Project to support the...
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Douala Ports Authority and NEGRI seal deal to Extend Container Terminal

January 20, 2025By
The envelope will allow the construction of 250 linear meters of additional quay, the development of 7.9 hectares of open space and a Roll-on/Roll-off (RORO) station, not to mention the...
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New Public Methodology in Congo

January 20, 2025By
Congo intends to modernize its public procurement system according to the MAPS II evaluation methodology, considered more efficient than the old mechanism. Executives from the public administration, the private sector...
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Finance Minister outlines Priorities at State Budget Launch in Buea

January 17, 2025By
The Minister of Finance, Louis Paul Motaze, chaired the official launch of the State budget for the 2025 financial year in Buea on January 15, 2025. Under the banner of...
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Douala Port gets Positive Ratings from Bloomfield Investment Corporation

January 17, 2025By
For the third consecutive year, the Autonomous Port of Douala (PAD) has obtained the long-term ratings “A” and short-term “A2” awarded by Bloomfield Investment Corporation. These results confirm the financial...
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CDC exceeds 30,000 tonnes of banana exports in 2024, a historic post-crisis performance

January 15, 2025By
With 31,643 tonnes of bananas exported in 2024, the Cameroon Development Corporation (CDC) recorded its best performance since resuming its activities in 2020. Despite a difficult economic and social climate,...
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IFC and Congo explore grounds for Cooperation

January 15, 2025By
The International Finance Corporation (IFC), a member of the World Bank Group (WB), organized “IFC Day” on January 14 in Brazzaville, an event that brought together private sector players, government...
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Gabon and BDEAC Strengthen Partnership

January 14, 2025By
The Deputy Prime Minister of the Gabonese Transition, Alexandre Barro-Chambrier, met with the Vice-President of the BDEAC, Jean Paterne Megne Ekoga, on January 13, 2025. This meeting made it possible...
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African Dvelopment Bank approves 209 Billion FCFA to reconstruct the Douala – N’Djamena Corridor

January 13, 2025By
The Board of Directors of the Africa Development Bank Group ( AfDB ), approved on December 13, 2024 in Abidjan, Côte d’Ivoire, a loan of 318.24 million Euros (more than 209 billion...
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BVMAC eyes promising year after dismal 2024

January 13, 2025By
The Central African Stock Exchange (Bvmac) stock market underperformed in 2024, marked by a 4.9% decline in market capitalization. This situation is mainly linked to the 8.18% decline in the...
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Cameroon obtains additional funding of 28 Billion FCFA

January 11, 2025By
A presidential decree signed on January 7, 2024 authorizes the signing of a financing contract with the European Investment Bank (EIB) to supplement the resources needed for the Rural Electrification...
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BEAC announces release of new Coins to curb shortage in CEMAC Member states

January 11, 2025By
In order to put an end to the shortage of coins which is penalizing commercial transactions in the Central African Economic and Monetary Community (CEMAC) zone, the Bank of Central...
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Central African Development Bank and Gabon chart new Perspectives

January 10, 2025By
The Prime Minister of the Transition, Raymond Ndong Sima, spoke this Thursday, January 9 with the Vice President of the Development Bank of Central African States (BDEAC), Jean Paterne Megne...
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