On 28 January, during a press conference, the ambassador and head of the European Union (EU) delegation to the Republic of Congo, Anne Marchal, launched the activities of her institution and presented, at the same time, the flagship projects to be carried out in partnership with the Congolese authorities during this year. This conference, which...
By welcoming the Cameroon Business Group (GECAM), the Autonomous Port of Kribi presented its new infrastructure, its strategic role and the opportunities it offers to investors. Objective: to strengthen its position as an economic hub in Central Africa. The Autonomous Port of Kribi (PAK), the largest port in Africa in terms of surface area, welcomed...
On January 22, 2025, in Douala, the Cameroonian Petroleum Depot Company (SCDP) unveiled the major strategic orientations that will guide its action for the current year. Securing sites, increasing storage capacities and diversifying activities are among the priorities, with the ambition of strengthening Cameroon’s energy security. The year 2025 promises to be decisive for SCDP....
At the end of December 2023, it was 3,305.79 carats, or half the quantity recorded last year.6,219.81 carats of diamonds were produced in 2024 in Cameroon: This figure was revealed on January 16, 2025 in Yaounde during a budget session of the Kimberly Process Certification Scheme (KPCS). The meeting was chaired by the Acting Minister of Mines,...
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 officials and development partners. The objective of the meeting was to discuss the challenges and opportunities of priority sectors for the country’s development, in particular...
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 FCFA) to Cameroon to implement the fourth phase of the Transport Sector Support Program (Past4). This is within the framework of the reconstruction of the Douala-N’Djamena-Ngaoundéré-Garoua...
The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, is pleased to announce that applications for its 2025 Entrepreneurship Programmes are now open. Aspiring and existing entrepreneurs from across Africa are invited to apply for a chance to receive world-class training, expert mentoring, and non-refundable seed capital funding to scale their businesses. Programmes Open...
Gabon will host the first-ever Global Gateway Investment Forum on January 30, 2025. This event, organized under the auspices of the European Union (EU), aims to promote transformative investments that can stimulate sustainable development in the country and within the sub-region. Economic actors from the public and private sectors, donors, development financial institutions (DFIs), banks...
The Ministry of Economy’s Sectoral Outlook Note, devoted to the months of July, August and September, analyzes the performance of the cash crop agriculture sector. In this part of the Gabonese economy, palm plantations have weighed down this segment. As for wet rubber production, it improved by 18.5% in the third quarter of 2024. The...
