Peter Nsoesie, auteur/autrice sur CEMAC ECO FINANCE

October 31, 2024 will remain a milestone for the Cameroonian financial sector. On that day, Prudential Beneficial Insurance and Africa Golden Bank sealed a strategic bancassurance partnership during a ceremony...

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Patrick Benon Crowned C.E.O of the Year at Africatech Festival

November 15, 2024ByPeter Nsoesie

Awarded each year during the Africa Tech Festival, the “CXO of the Year” is a prestigious award that celebrates a leader who has demonstrated in the field of ICT, “exceptional...

InBusiness opportunities, cooperation, Economy, Featured, Finance, NEWS

Congolese companies explore opportunities under AGOA

November 13, 2024ByPeter Nsoesie

Fifty stakeholders from the private and public sectors are taking part in a training workshop on November 12 and 13 in Brazzaville, focusing on opportunities for exporting products to the...

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CEMAC Financial experts discuss Regulatory Framework

November 13, 2024ByPeter Nsoesie

The Central African Financial Market Supervisory Commission (COSUMAF), the Financial Market Regulatory Authority of the Central African Economic and Monetary Community (CEMAC), is organizing, in collaboration with the World Bank (WB),...

Incooperation, Economy, Featured, Finance, NEWS

Tough challenges for Congo as it assumes Africa Petroleum Producers Presidency

November 7, 2024ByPeter Nsoesie

Taking over from Cameroon, Congo will assume the rotating presidency of the African Petroleum Producers Organization (APPO) in 2025. The Congolese presidency is especially expected on the thorny issue of...

Incooperation, Economy, Featured, Finance, NEWS

Cameroon finds local solutions to high cost of Road Construction

November 6, 2024ByPeter Nsoesie

The Ministry of Public Works of Cameroon is increasing the number of meetings to identify solutions to reduce the costs of road construction and maintenance. The most recent, on November...

Incooperation, Economy, Featured, Finance, NEWS

Unpaid Public Treasury Bills exceed 500 million FCFA

November 4, 2024ByPeter Nsoesie

As of September 30, 2024, Cameroon’s outstanding balances (RAP) have reached an alarming level of 559 billion FCFA, representing 1.6% of GDP. Despite a loan contracted from Citi Group, the...

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FEICOM Mobilizes over 290 Billion FCFA in 2023

November 1, 2024ByPeter Nsoesie

The Special Council Support Fund (Feicom) recorded an impressive balance sheet for the year 2023, with revenues reaching 293.4 billion FCFA. This figure marks a significant increase of 57.5 billion...

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

November 1, 2024ByPeter Nsoesie

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,...

Incooperation, Economy, Featured, Finance, NEWS, SOCIETY

USA Grants 85 Million FCFA to Congolese NGOs

November 1, 2024ByPeter Nsoesie

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...

Incooperation, Economy, Featured, Finance, NEWS

UNIPACE actors demand Economic Revival in Central Africa

October 30, 2024ByPeter Nsoesie

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%

October 30, 2024ByPeter Nsoesie

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

October 28, 2024ByPeter Nsoesie

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

October 28, 2024ByPeter Nsoesie

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...