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Companies

FEICOM Mobilizes over 290 Billion FCFA in 2023

The Special Council Support Fund (Feicom) recorded an impressive balance sheet for the year 2023, with revenues reaching 293.4 billion FCFA. This figure marks a significant increase of 57.5 billion...
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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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Congo and Russia agree to Speed up the Execution of Petroleum projects

Cooperation between the two countries has strengthened in recent years, thanks to the notable commitment of Russian companies in the oil and gas sector in Congo. After a meeting with...
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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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Why Youth Entrepreneurs Are Key to Tackling Climate Change in Africa – Tony Elumelu

I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to effectively tackle climate change within the African context,...
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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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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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UBA Appoints Fonda Fred Fonda as Chief Finance Officer for Africa

Africa’s Global Bank, United Bank for Africa (UBA) has appointed Fonda Fred Fonda as Chief Finance Officer (CFO) for Africa, where he will oversee the bank’s subsidiaries in Central, West, East,...
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Africa Golden Bank calls on Gimac to develop credit options adapted to local needs

Africa Golden Bank (AGB), the 19th Commercial bank on the Cameroonian market, is displaying its ambitions. Three months after launching its activities, the institution is committed to offering services adapted...
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