Trade in goods and services between the UK and Cameroon is currently valued at £911 million. The UK stands as one of the principal investors in Cameroon, presenting abundant opportunities across various sectors such as infrastructure, renewable energy, natural resources, and tourism. With the Economic partnership agreement between the UK and Cameroon in full force,...
Arise Integrated Industrial Platforms (Arise IIP), a subsidiary of the pan-African Arise group, has revealed its plan to develop a 500 hectare industrial and logistics zone on the banks of the Dibamba River in Missole I, near Douala, the economic capital of Cameroon . This project, unveiled during a meeting to launch the information and...
Gabon is taking a decisive step in controlling its energy resources with the finalization of the acquisition of Assala Energy by the Gabon Oil Company (GOC), according to an announcement from the Carlyle group on June 21. The transaction, which ends months of negotiations and international rivalries, underlines the country’s commitment to strengthening its control...
The Afreximbank 2024 Annual Meetings and the 3rd Africa -Caribbean Trade and Investment Forum took place from June 12 to 15, 2024 in Nassau, Bahamas. During these events, Kanayo Awani, Executive Vice President of Afreximbank, in charge of the Intra-African Trade and Export Development Bank signed with Jean Paterne Megne Ekoga, Vice President of the States Development...
The Development Bank of Central African States (BDEAC) recorded a profit of 3.8 billion FCFA in 2023, compared to 4.146 billion FCFA in 2022. The general meeting of shareholders, which met at the beginning of months, insisted on the continuation of reforms and investments. The balance sheet for the 2023 financial year of the community...
President Paul Biya has taken a major decision by authorizing the Minister of Justice, Laurent Esso, to seek British justice to obtain the names of Cameroonian officials involved in a 7 billion CFA francs corruption case by the company Glencore. This approach marks a significant turning point in the fight against corruption in Cameroon, and...
While the World Bank and Standard & Poor’s report on the performance of container ports shows that the ports of Douala and Kribi are ranked 366th and 373rd respectively in the world, those responsible for these infrastructures question the methodology used to this assessment. According to the Global Container Port Performance Index (CPPI) 2023, published...
Ten points were kept on the agenda for the 6th conclave of ministers of the Steering Committee for the rationalization of regional economic communities in Central Africa (Copil CER-AC). Six draft texts were presented, including that of the Transition Plan and the related draft Decision. The approved transition principles The latter is based on four main principles, which...
Another qualitative leap from Camtel to consolidate its network infrastructure. After the agreement to hand over the 812 km of optical fiber, initially belonging to Eneo Cameroon (signed on Monday May 30, 2023 with Minette Libom Li Likeng, Minister of Posts and Telecommunications), Camtel has just signed, on June 19, 2024, a framework agreement with Cameroon...
