US$5,000 non-refundable seed capital, world-class training, and mentorship for Africa’s boldest founders 24,000+ entrepreneurs funded, 2.5 million trained, 1.5 million jobs created, US$4.2 billion in revenue generated since 2015 Lagos, Nigeria – 1 January 2026 – The Tony Elumelu Foundation (TEF) has opened applications for the 2026 TEF Entrepreneurship Programme, calling ambitious young founders from...

The Cameroon Telecommunications (Camtel) and Ethio Telecom, the Ethiopian state-owned telecommunications operator, signed a strategic partnership agreement aimed at transforming the telecommunications sector in Cameroon by leveraging Ethio Telecom’s success. This agreement, which combines ambition and expertise, addresses the country’s digital challenges. This is a major turning point for the telecommunications sector in Cameroon. Judith...

The competition, launched in July of each year for the benefit of students of all specialties and other project leaders, invited to develop innovative technological solutions to meet major societal challenges in order to build a more sustainable and inclusive world, which took place this year under the theme “Startup4Good: Sustainable solutions, driven by the...

We are pleased to announce the successful transfer of Standard Chartered’s operations to Access Bank Cameroon. This divestiture is part of Standard Chartered’s global strategy to improve operational efficiency, reduce complexity, and foster growth at scale. In April 2022, Standard Chartered made the strategic decision to withdraw from several markets, including Cameroon. The migration completed...

Access Bank Cameroon has officially launched the country’s first-ever Womenpreneur Pitch-A-Ton, a groundbreaking initiative aimed at empowering women entrepreneurs and strengthening Cameroon’s economic landscape. The launch, held at the Best Western Hotel in Douala, marks a historic milestone: for the first time, women-led businesses in Cameroon will access high-impact training, mentorship, and financial grants, setting...

The European Union (EU), Organisation of African, Caribbean and Pacific States (OACPS), German Federal Ministry for Economic Cooperation and Development (BMZ), Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), and the Tony Elumelu Foundation (TEF) have announced the launch of the second cohort of the Investing in Young Businesses in Africa – Women Entrepreneurship for Africa (IYBA-WE4A) Programme. Successful...

Cameroon is poised to turn a decisive page in its energy history. According to multiple sources, the government is expected to finalize the acquisition of 100% of the capital of Eneo, the national electricity company, currently held by the British fund Actis, within the next few hours. This operation, initiated directly by the presidency and...

The Port Authority of Douala (PAD) has just reached a decisive milestone in its quest for operational excellence and regional competitiveness. The signing on November 17, 2025, of a strategic agreement with INNOVENDI DATA TECHNOLOGIES & COMMUNICATIONS LTD formalizes the Cameroonian logistics hub’s commitment to a large-scale digital transformation. This partnership, bold in its scope...

On November 14, 2025, in Libreville, the BGFI Bank Group reached a decisive milestone with the initial public offering (IPO) of its parent company, BGFI Holding Corporation SA. By opening its capital to the public for the first time, the banking giant aims to finance its growth and stimulate the sub-regional financial market. The operation...