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Tower Resources extends deadline for Thali block share sale

Tower Resources hopes to obtain $ 7.5 million upon completion of the divestment and evidence of financial capacity for another $ 15 million settlement, including funds the operator estimates it...
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UBA Gabon and Airtel Money unveil “secure” Money transfer service

A fully secure system. "Security is the first priority when talking about banking, money and the financial implementation system," said the director of digital bank UBA Gabon. "On the bank...
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MTN Group names Stephen Blewett to oversee operations in Cameroon

“I would like to congratulate Stephen and Uche on their appointments,” said MTN Group President and CEO Rob Shuter. “Both are renowned for harnessing the power of people to move...
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Alain Nkontchou named Board chairman of Ecobank Group

"I am more confident and confident that my successor to the post of President, Mr. Alain Nkontchou will continue to lead the Board of Directors in his journey towards leadership,"...
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Emmanuel Neossi, poised to conquer Africa’s promising business terrain

The NEO Industry Group CEO has also partnered with a French Real Estate and Consultancy company CIOA and now holds 51% shares of the new merger specialized in low-cost housing...
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HPS Boss Prosper Sugewe births financial rating agency in Cameroon

Until this first agency obtains an approval from the Central African Financial Market Supervisory Commission (COSUMAF), the CEO of HPS International Consulting SA has engaged in consultations to select experts...
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New Managers for Cameroon’s Chantier Naval

Failure in realizing the plan led to the dismissal in 2018 of 270 CNIC employees for economic reasons. It must be said that the company has experienced permanent discomfort for...
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Camair co lays off over 300 workers today, trade unions reject move

The decision has not gone down well with trade union leaders. The air transport unions has urged Camair-co employees to reject this technical leave. This decision was taken on June...
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CIMAF Gabon braces up stiff competition with imminent arrival of Dangote cement in Gabon

Cimaf Gabon's approach is not trivial. The arrival of Dangote Cément, led by the Dangote Industries group, suggests a shock in this market segment whose annual demand is 600,000 tonnes....
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Orange promotes African Start-ups through ground-breaking Tech competition

The objective of this challenge is to give entrepreneurs in Africa and the Middle East, and in particular those in Cameroon, the means to get started and develop, "announces the...
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Gabon Telecom triggers 20% drop in internet rates

“In response to requests from several of its customers, Gabon Télécom has made changes to its price list, concerning Internet packages. This revision aims to give better readability, as well...
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Tradex S.A sets up first service station in Equatorial Guinea

During this solemnity, Tradex Managing Director, Simon Paley, took the opportunity to present the company's ambitions for this neighbouring country and friend of Cameroon. "This is a first step, an...
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CIMAF invests 9 billion francs to make Gabon self-sufficient in cement

"If we take into account the production of CimGabon, estimated at 150,000 tonnes per year, and Africa Cement which is around 200,000 tonnes, we can easily say that Gabon should...
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CAMAIR CO to lay off over 300 workers, Management explains

“… Faced with the cessation of our operating activities, and after having objectively assessed the relevance of all the possibilities offered by the legislation in this area, it appeared necessary...
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