Between the 1st and 2nd quarter of 2023, the interest rate granted to individuals increased in Cameroon as highlighted in the report on lending rates practiced by Cemac countries. According to the said report, the rates rose from 13.33% to 16.62% between the two periods, an increase of 329 basis points (3.2%), which demonstrates that...

A welfare and social security organization in poor condition, the National Social Security Fund (CNSS) requires “systemic reform” as recommended in the report of the task force in charge of auditing Gabon’s internal and external debt . To find out more about the situation, the Minister of the Economy and Participations, Mays Mouissi, received, this Wednesday,...

Within the framework of a Partnership Agreement between the University of Buea (UB) and DOBRE Technologies (DOBRETECH), the UB IT Centre has been equipped with state-of-the-art equipment to provide six-month hands-on certification courses in Cloud Computing and Cybersecurity. The Chief Technological Officer (CTO) of DOBRETECH, Mr. Ewane Metuge Jr. and his team were in UB...

The public company Gab’Oil, specializing in the marketing and distribution of petroleum products, recently signed a partnership agreement in China with the company Shanghai Eternal Faith Industry Company Ltd (Sefic) which will allow it to continue to easily offer the bottle of butane gas at the price set last January, as part of the policy...

The mornings of the PSAO meetings (Products and Services of Africa and its Overseas Territories) have become an essential pre-event to the international PSAO exhibition. Their aim is to bring together a wide range of partners, sponsors, patrons, and members of the African diaspora, with the main mission of showcasing pre-selected projects intended for implementation...

In a dynamic convergence of entrepreneurs, investors, and business leaders, the tenth edition of the AFSIC – Investing in Africa conference held at the Park Plaza Westminster Bridge Hotel in London marked a resurgence of energy post-COVID. With over 1,200 delegates, 350 speakers, and a formidable assembly of institutional investors managing assets exceeding $1 trillion,...

In the vibrant heart of London, the tenth annual AFSIC event unfolded its transformative narrative in early October 2023, placing a spotlight on dedicated investments. AFSIC, the zenith for asset management firms with a keen eye on African investments, presented an exclusive platform where industry leaders from diverse sectors converged – from banking and fintech...

The recently concluded AFSIC London 2023, a flagship investment event spotlighting Africa’s financial services sector, emerged as a triumph, creating a vibrant arena for networking, collaboration, and exploration of unprecedented investment prospects across the continent. From [dates], this year’s conference convened a diverse assembly of industry leaders, investors, and professionals, underscoring the immense growth and...

In a significant development, the French Development Agency (AFD) and the European Investment Bank (EIB) have given their preliminary approval to back the upcoming Paris Roundtable. This event, organized by the Economic and Monetary Community of Central Africa (CEMAC) and scheduled for November 28th and 29th, is set to gather crucial funding for Central Africa’s...