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Companies

COBAC hails Douala Port Performance

With a capital of 30,576 billion CFA francs, this port company 100% owned by the State of Cameroon was classified as a high-class company of national importance on December 19,...
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Castel Group unveils 9th Production Unit

Boissons du Cameroun marked an 18% increase in its production capacity through the inauguration of its new line installed in its Yaoundé factory. Built by the Krönes company and inaugurated...
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Increase in Interest rates observed in Cameroon

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...
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The National Social Fund of Gabon in crisis, Government promises remedy

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...
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University of Buea unveils new IT Centre

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...
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Gabon and China reach Agreement to reduce cost of Butane Gaz

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)...
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Cameroon Real Estate Corporation incures 90 Billion FCFA loss in 30 years

These are the shortfalls that the Cameroonian state real estate agent has recorded from 1994 to date. “In 30 years we have estimated the loss at around 90 billion that...
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Six Cameroonian companies among the Most Performant in 2022

Despite the hegemony of foreign multinationals, the national statistics institute of Cameroon reports that 06 local and Cameroonian companies contribute to 39.5% of the overall turnover of the productive sector...
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Commercial Bank-Cameroun (CBC) Boosts Capital by 7.5 billion FCFA: A Step Towards Restructuring

In a recent announcement on July 19, Commercial Bank-Cameroun (CBC) revealed a capital increase from 16.5 billion to 24 billion FCFA, marking a significant rise of 7.5 billion FCFA (+45.45%)....
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Wealth of African Billionaires Slightly Declines, Highlighting Economic Inequalities

Aliko Dangote Leads Forbes’ Ranking for the 12th Consecutive Year, with Nigerian and South African Entrepreneurs Dominating the List The total wealth of African billionaires has experienced a slight decline...
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A Potent Voyage Embracing Inspiration and Exemplary Triumph of FOLORUNSHO Alakija.

Folorunsho Alakija’s extraordinary journey is one that is both powerful and deeply inspiring. At the age of 65, she has risen to become the richest black woman in the world,...
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Aliko Dangote: A Journey of Perseverance, Vision, and Success

Aliko Dangote’s remarkable journey from humble beginnings to becoming one of Africa’s most successful entrepreneurs is truly inspiring. Born in Kano, Nigeria, on April 10, 1957, Dangote’s path to billionaire...
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A strong African presence this year

The 38th edition of the International Market for Communication Programs (Mipcom) was held from October 17 to 20, 2022 at the Palais des Festivals in Cannes, France. After a year’s...
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Competitiveness of advertising agencies in French-speaking Africa: an objective comparison with the rest of the continent

The advertising industry in French-speaking Africa plays a crucial role in promoting products and services on the growing continent. This article takes an objective look at the competitiveness of French-speaking...
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