The International Finance Corporation (IFC) concluded a loan agreement of 14.5 billion CFA francs with Bank Of Africa (BOA) on November 11 in Brazzaville, intended to finance the activities of Congolese small and medium-sized enterprises. Valued at 14.5 billion CFA francs, this loan from the IFC to BOA-Congo is the first such financing granted to...

Organized jointly by the Gabonese National Investment Promotion Agency (ANPI-Gabon), the Embassy of Côte d’Ivoire in Gabon, and the Investment Promotion Center of Côte d’Ivoire (CEPICI), the Côte d’Ivoire-Gabon Business Forum (FACIGA) will be held on November 18 and 19 in Libreville. This forum, which aims to strengthen economic cooperation between the two countries, is...

The countdown is over. The inaugural Bangui Financial Days (BFD) launches tomorrow, marking a pivotal moment for the Central African Republic’s economy. Under the theme “Investment, innovation, inclusion: transforming the economic and financial potential of the Central African Republic,” this high-level event gathers key decision-makers for one critical mission: to build a roadmap for shared...

Founder of the Tony Elumelu Foundation and chairman of UBA Group Tony O. Elumelu CFR,  a leading advocate for Africapitalism and transformative private sector leadership, will undertake a high impact working tour across East, Central, and Southern Africa this week. The multi-country visit underscores his unwavering commitment to fostering economic resilience, empowering entrepreneurs, and unlocking...

Led by Christelle Lorene Adibeyi, the 3-day forum shifts focus from panels to a “soft-landing” platform for high-level B2G and B2B dealmaking. For African and diaspora founders, the US market is a notoriously tough nut to crack. “The Global Exchange Business, Innovation & Impact” (November 7-10, Los Angeles) is engineered to be the solution. Promoter...

The Gabonese oil sector has been booming in recent weeks. Following the signing of the memorandum of understanding with British Petroleum, but also with the company Pilgrim Exploration Limited, the Gabonese State signed, on October 30, a new Production Sharing and Exploration Contract (PSEC) “Konzi – Ayol n° G5-146” with the Gabon Oil Company (GOC). ...

African Export-Import Bank (Afreximbank) on Saturday in Cairo, Egypt, swore in George Elombi as the bank’s fourth President and Chairman of the Board of Directors, taking over from Benedict Oramah as head of the African multilateral trade finance institution. Formalised with an oath administered by Mr. Wale Edun, Chairman of the Annual General Meeting of...

The participation of Finance Minister Louis Paul Motaze and Economy Minister Alamine Ousmane Mey in the IMF Annual Meetings in Washington, D.C., from October 13 to 18, 2025, confirmed Cameroon’s credibility with its partners, while paving the way for a new cycle of cooperation based on the consolidation of reforms, fiscal sustainability, and productive investment....

On October 16, President Denis Sassou N’Guesso issued a decree appointing Maixent Raoul Ominga as Director General of the Société Nationale des Pétroles du Congo (SNPC) for a five-year term. Chartered accountant and in-house executive, Maixent Raoul Ominga, Director General of SNPC since February 28, 2018, has just been reappointed to this position by the...