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 to build a more resilient, sustainable, and competitive sector while supporting producers. From April 8 to 11, Douala hosted the 17th review meeting of the...
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, representing a potential investment of more than 530 billion CFA francs. For its first session in 2025, chaired by the Chief of Staff of the...
The 10th edition of the Cacao & Coffee Festival closed in style on Saturday, April 12, 2025, at the Yaoundé City Hall esplanade. Chaired by the Minister of Trade, Luc Magloire Mbarga Atangana, the closing ceremony highlighted Cameroon’s challenges and ambitions for better promotion of cocoa and coffee, in the presence of leading national and...
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 250 economic stakeholders, decision-makers, and experts debated strategies to accelerate this economic transition, which is essential to the country’s industrial sovereignty. Cameroon has taken a...
Sundance Resources has faced Cameroon’s categorical refusal to enter into financial negotiations afer failing to bring to fruition the Mbalam Nabab. The government is now favoring other partners for the exploitation of the precious mineral. The history of the Mbalam-Nabeba mining project began in 2006 when Sundance Resources announced the acquisition of a 100% stake...
Starting April 5, 2025, a new range of coins will enter circulation in the six countries of the Central African Economic and Monetary Community (CEMAC). Officially unveiled on April 2 in Bangui, these coins, including a new 200 CFA franc denomination, aim to alleviate currency shortages and combat the illegal export of old coins. The...
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 to rehabilitate a strategic 242-km section linking Adamawa to the north of the country. The work, which will also include socioeconomic improvements, will begin in...
The Tony Elumelu Foundation (TEF) will announce the 2025 Cohort of its flagship TEF Entrepreneurship Programme on Saturday, March 22, at 10 AM. Since its launch, TEF has provided over $100 million in direct funding to African entrepreneurs, creating 1.5 million jobs and generating $4.2 billion in revenue. More than two million Africans have been...
The Africa Global Logistics (AGL) group announced on March 10 that its subsidiary Congo Terminal had signed a financing agreement of 150,880,000,000 CFA francs (230,000,000 euros) for the expansion of the container terminal at the Autonomous Port of Pointe-Noire (PAPN). The signing of the agreement was made possible thanks to a banking round led by...
