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Companies

Douala Port gets Positive Ratings from Bloomfield Investment Corporation

For the third consecutive year, the Autonomous Port of Douala (PAD) has obtained the long-term ratings “A” and short-term “A2” awarded by Bloomfield Investment Corporation. These results confirm the financial...
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BGFIBank Cameroon Honours 72 Employees, Labour Minister gives out medals

During a ceremony held on January 8, 2025 in Douala, 72 BGFIBank Cameroon employees were decorated by the Minister of Labor and Social Security, Grégoire Owona. These distinctions, symbols of...
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CAMTEL budgets 8.6 Billion FCFA for 2025

Modernizing and strengthening infrastructure, gradually resolving network access problems and improving the quality of services, this is the direction that will be given to the budget of 326.2 billion CFA...
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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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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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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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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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MTN Cameroon announces 60 Billion FCFA Investment for 2025

During his visit to Cameroon, Ralph Mupita, Chairman and CEO of MTN Group, unveiled a $100 million investment plan for 2025. This envelope is part of a broader strategy of...
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Neptune Oil Reaches Business Deal with Dangote Refinery

Nigeria’s Dangote Refinery and Cameroon’s Neptune Oil mark a historic milestone in their economic cooperation. The first export of refined petroleum products illustrates their vision of a more energy-independent and...
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Ecobank Cameroon Crowned Bank of the Year from The Banker Magazine

Thanks to its initiatives in favor of financial inclusion and its expansion strategy, Ecobank Cameroon, led by Gwendoline Abunaw, has been awarded the prestigious “Bank of the Year 2024” award...
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Douala Port Authority wins another decisive case against DIT in Paris

According to a press release made public on December 5, 2024 by the Director General of the Autonomous Port of Douala, the Paris Court of Appeal has annulled the arbitration...
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Cameroonians Benefiting Significantly from the UBA Graduate Management Programme

Cameroonians have emerged as some of the top beneficiaries of the United Bank for Africa (UBA) Group’s Graduate Management Accelerated Programme (GMAP). This initiative has placed UBA Group at the...
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BGFI Bank Cameroon announces entry into the Stock Exchange in 2025

Gabonese banking group BGFIBank plans to open 10% of its capital to investors via the Central African Stock Exchange (BVMAC). This strategic operation, initially planned for 2020, takes place in...
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