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Economy

Finance Minister outlines Priorities at State Budget Launch in Buea

The Minister of Finance, Louis Paul Motaze, chaired the official launch of the State budget for the 2025 financial year in Buea on January 15, 2025. Under the banner of...
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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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CDC exceeds 30,000 tonnes of banana exports in 2024, a historic post-crisis performance

With 31,643 tonnes of bananas exported in 2024, the Cameroon Development Corporation (CDC) recorded its best performance since resuming its activities in 2020. Despite a difficult economic and social climate,...
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IFC and Congo explore grounds for Cooperation

The International Finance Corporation (IFC), a member of the World Bank Group (WB), organized “IFC Day” on January 14 in Brazzaville, an event that brought together private sector players, government...
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Gabon and BDEAC Strengthen Partnership

The Deputy Prime Minister of the Gabonese Transition, Alexandre Barro-Chambrier, met with the Vice-President of the BDEAC, Jean Paterne Megne Ekoga, on January 13, 2025. This meeting made it possible...
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African Dvelopment Bank approves 209 Billion FCFA to reconstruct the Douala – N’Djamena Corridor

The Board of Directors of the Africa Development Bank Group ( AfDB ), approved on December 13, 2024 in Abidjan, Côte d’Ivoire, a loan of 318.24 million Euros (more than 209 billion...
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BVMAC eyes promising year after dismal 2024

The Central African Stock Exchange (Bvmac) stock market underperformed in 2024, marked by a 4.9% decline in market capitalization. This situation is mainly linked to the 8.18% decline in the...
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Cameroon obtains additional funding of 28 Billion FCFA

A presidential decree signed on January 7, 2024 authorizes the signing of a financing contract with the European Investment Bank (EIB) to supplement the resources needed for the Rural Electrification...
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BEAC announces release of new Coins to curb shortage in CEMAC Member states

In order to put an end to the shortage of coins which is penalizing commercial transactions in the Central African Economic and Monetary Community (CEMAC) zone, the Bank of Central...
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Central African Development Bank and Gabon chart new Perspectives

The Prime Minister of the Transition, Raymond Ndong Sima, spoke this Thursday, January 9 with the Vice President of the Development Bank of Central African States (BDEAC), Jean Paterne Megne...
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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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Custom Administration in Cameroon targets 95 Billion FCFA in 2025

In January 2025, the General Directorate of Customs (DGD) aims to mobilize 95 billion FCFA, or 8.31% of its annual target of 1,144 billion FCFA. The strategic sectors of Douala...
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Cameroonians frown over tax increase on Mobile Money Transactions

Since January 1, 2025, mobile money users in Cameroon have been experiencing a new increase in costs on money transfer and withdrawal operations. The 2025 Finance Law introduces an additional...
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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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Hot Posts

Douala Port gets Positive Ratings from Bloomfield Investment Corporation
January 17, 2025By
BGFIBank Cameroon Honours 72 Employees, Labour Minister gives out medals
January 10, 2025By
CAMTEL budgets 8.6 Billion FCFA for 2025
January 8, 2025By

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