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African Start ups to benefit from UN Funded Artificial Intelligence Program

The United Nations Development Programme (UNDP), in partnership with the Italian G7 Presidency, will launch a pilot project aimed at accelerating African start-ups specialising in artificial intelligence (AI) for sustainable...
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Banks in the CEMAC zone demand increased liquidity

The recent liquidity offer reveals a significant gap between the amount provided (120 billion CFA francs) and the demand (511 billion CFA francs) expressed by the banks of  the Economic and...
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Gabon intensifies preparation for China – Africa Forum

On Monday, August 5, around the Deputy Prime Minister of the Transition, the Steering Committee responsible for preparing the China-Africa Forum (FOCAC) of September 2024 met to examine the summary...
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Congo to receive 8.3 million US Dollars in Carbon credit

The expected funding of $8,371,060, or approximately 5 billion FCFA, is intended to reward Congo for its efforts in forest conservation and reduction of carbon emissions. This carbon credit should...
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Paul Biya orders Deposit and Consignment Fund to continue takeover of abandoned assets

According to the said press release signed on August 1, 2024 by the Minister of State, Secretary General of the Presidency of the Republic, Ferdinand Ngoh Ngoh, the deposits and...
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Glencore Bribery Scandale: SNH satisfied with announced Trial of Former Glencore staff in London

This follows the transfer on September 10 of former employees of Glencore Company before the Westminster Court in London, according to a press release dated August 2, 2024 and signed...
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Cameroon mobilizes 355 Billion FCFA for Internal Debt Settlement and funding of Projects

In a press release made public on July 31, 2024, Louis Paul Motaze set the national opinion on the direction that will be given to the 550 million USD, or...
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EITI: Congo to make further corrections for Effective Transparency

Congo will have to make additional efforts in terms of extractive sector governance, before the next validation of the Extractive Industries Transparency Initiative (EITI) in April 2025. Corrective measures  include facilitating consistent...
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Gabon seals Agreement with UBA to support Industrial actors

In order to support small and medium-sized national industries, the transitional government, through the Ministry of Industry, signed this week an agreement with the pan-African banking establishment UBA, which has...
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BANGE Bank launches Agri-banking solution

Strengthening the competitiveness of farmers, cooperatives and agro-industrial companies is the framework for action targeted by the implementation of this banking solution. A pillar of the Cameroonian economy, agriculture is...
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Kribi Ports Authority gets new Board Chairman

The former Secretary of the Ministerial Councils at the Presidency of the Republic Betjol Hiol Charité De Bessombe is the new Chairman of the Board of Directors of the Kribi Ports...
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Douala Ports Authority obtains ISSEA Certification thanks to Digitization of services

The sub-regional institution awarded the said mention to the port structure, as part of an investigation into the Observatory of Abnormal Practices (OPA) on the main corridors of Central Africa,...
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African Solidarity Fund: Seven agreements concluded with Congo

Following discussions on July 22 with the heads of credit institutions established in Congo, the African Solidarity Fund (FSA) concluded partnership agreements with several local banks and employers’ organizations on...
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At CIMPOR inaugural, Dion Ngute advocates for Import -Substitution

The Prime Minister, Head of Government, Chief Dr. Joseph Dion Ngute, has inaugurated the CIMPOR cement plant in Kribi, Ocean Division of the South Region. The inauguration ceremony took place...
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