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SCDP unveils 2025-2027 Development Program

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...
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Over 6000 Carats of Diamonds produced in Cameroon in 2024

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...
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IFC and Congo explore grounds for Cooperation

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...
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African Dvelopment Bank approves 209 Billion FCFA to reconstruct the Douala – N’Djamena Corridor

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...
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 The Tony Elumelu Foundation Opens Applications for 2025 Entrepreneurship Programmes

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...
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Gabon to host Global Investment Forum

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...
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In Gabon, the palm harvest falls by 9.6% in the 3rd quarter of 2024

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...
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Louis Paul Motaze named Board Chair of BDEAC

Louis Paul Motaze, Minister of Finance , is the new Chairman of the Board of Directors of the Development Bank of Central African States ( BDEAC), at the same time Chairman of...
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Joseph Abena appointed as UBA CEMAC Chief

United Bank for Africa (UBA) has announced the appointment of Joseph ABENA as Regional Marketing and Communication Director for the CEMAC region. This choice demonstrates the group’s confidence in its...
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Oligui Nguema receives Egyptian Business Delegation

In Libreville, the President of the Gabonese Transition, Brice Clotaire Oligui Nguema, welcomed a delegation of Egyptian businessmen as part of a partnership aimed at boosting investments. The Nkok Special...
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Prime Minister opens Youpwe Fish Market and Landing Stage

Surrounded by all the notables, economic and political elites of the Western region, the Prime Minister proceeded with the official opening of this infrastructure intended for the development of economic...
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Cameroon secures 400 thousand hectares of land to promote Import-Substitution

To address Cameroon’s high food dependence on imports, the government has launched a vast land security project covering 400,000 hectares on the Yoko-Lena-Tibati corridor. The aim is to stimulate local...
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SONARA plans to construct a Hydrocracking Unit in its Rehabilitation plan

The SONARA rehabilitation project, which was severely affected by the 2019 fire, is entering a new phase. The Cameroonian government, with the support of the IMF, is examining the feasibility...
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UKCCC, AmCHAM and EUROCHAM seal MoU to boost Investment Promotion in Cameroon

In an increasingly interconnected global economy, collaboration among business organizations is essential for fostering growth and innovation. Today marks a significant milestone as the American Chamber of Commerce, the European...
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