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Chinese company Complant involved in the “Ignié 2021-2046” project

The Minister of Special Economic Zones (SEZs) and Economic Diversification, Jean-Marc Thystère-Tchicaya, met with the Deputy General Manager of “Complant”, He Haishan, in the presence of members of the company...
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Gabon and Turkey Strengthen Industrial Cooperation

Decades old, bilateral relations between Gabon and Turkey are once again set to evolve. The subject was at the heart of the working session chaired Wednesday in Ankara by Mehmet...
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Equity Compartment of Central African Stock Exchange records 30% increase in 2023

The information contained in the 2023 activity report of the Central African Stock Exchange highlights the essential role played by the Cameroonian Regional Bank. According to the Bvmac activity report,...
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Tony Elumelu to Co-Chair New Africa Summit at the 8th Edition of Saudi Arabia’s Future Investment Initiative

Tony Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA), and the Founder of The Tony Elumelu Foundation (TEF), will co-chair the New African Summit, at the upcoming...
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Tony Elumelu on AfroCapitalism,UBA’s Global expansion and Africa’s future growth

By Nicholas Norbrook Fresh from meetings with Senegal’s President Faye and Aliko Dangote, and about to celebrate 40 years of banking in the US, UBA chair Tony Elumelu expands on...
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Kribi Container Terminal to invest 70 Billion FCFA in Expansion Programme

Kribi Conteneurs Terminal (KCT), manager of the Kribi Port Container Terminal, is continuing its expansion with a colossal investment of 70 billion FCFA for the acquisition of new equipment and...
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ICT University announces 5 Billion FCFA funding Scheme to advance Technological drive

5 Billion CFA frs is the amount that will help students realise their school projects at the ICT University in the days ahead. This announcement was made public by Professor...
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Ecobank Day focuses on Artificial Intelligence

On 19 October 2024, Ecobank Cameroon celebrated “Ecobank Day” under the theme “Transforming Africa through Education: Boosting Learning with AI”. The day was marked by a panel discussion bringing together...
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CAMTEL pays 4.6 Billion FCFA to the State in 2023

Cameroonian telecommunications operator, Camtel, posted a record net profit of 11.1 billion FCFA in 2023, marking a turning point in its history with a dividend payment to the State, despite...
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CCA Banks moves into Ultramodern Headquarters in Bonanjo

On October 19, 2024, CCA Bank inaugurated its new headquarters in Douala in the presence of influential personalities such as Louis Paul Motaze, Minister of Finance, and Samuel Eto’o Fils,...
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Tradex extends ambition to the DRC

Cameroonian hydrocarbon giant Tradex is preparing to invest in the Congolese market. This expansion is part of an ambitious development strategy that has already borne fruit in several countries in...
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GECAM, Ministry of SME partner to boost Enterprises

Discussions between the Ministry of SMEs and the Cameroon Business Association (GECAM) resulted in the development of a joint roadmap for the two institutions, for the period 2024-2026, with a...
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Average cost of Congolese crude set at 78 Dollars

On October 11, the players in the national oil market agreed on the price of a barrel of crude oil at 78.59 dollars, representing an average quarterly differential of -0.34...
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UBA Group recapitalization opens opportunities for Cameroonian investors

The United Bank for Africa, UBA, is in the process of recapitalization which gives investors across the globe and Cameroon in particular where it has a strong hold chance to...
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