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Net Profit of BDEAC down by 10%

The Development Bank of Central African States (BDEAC) recorded a profit of 3.8 billion FCFA in 2023, compared to 4.146 billion FCFA in 2022. The general meeting of shareholders, which...
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Second Gabon -UK Trade and Investment Forum opens in Libreville

Since June 20, the Hôtel de la Sablière in Libreville has hosted the second edition of the UK-Gabon Trade and Investment Forum. A major event bringing together British investors and...
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Paul Biya orders intensive probe on Glencore bribe receivers

President Paul Biya has taken a major decision by authorizing the Minister of Justice, Laurent Esso, to seek British justice to obtain the names of Cameroonian officials involved in a...
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Douala and Kribi Ports reject World Bank Port rankings

 While the World Bank and Standard & Poor’s report on the performance of container ports shows that the ports of Douala and Kribi are ranked 366th and 373rd respectively in...
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CEMAC – ECCAS fusion: Ministers validate several Merger Texts

 Ten points were kept on the agenda for the 6th conclave  of ministers of the Steering Committee for the rationalization of regional economic communities in Central Africa (Copil CER-AC). Six draft texts were...
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CAMTEL and CAMWATER Seal Network Infrastructure Pact

Another qualitative leap from Camtel to consolidate its network infrastructure. After the agreement to hand over the 812 km of optical fiber, initially belonging to Eneo Cameroon (signed on Monday...
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Chadian Prime Minister and Foreign investors discuss Cooperation avenues

The Prime Minister, head of government, Amb. Allah-Maye Halina granted an audience this Monday, June 17, 2024, to a delegation of American, Canadian and Turkish investors. The delegation came to...
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Over 10 thousand tonnes of Banana exported by CDC between January and April 2024

According to data provided by the Banana Association of Cameroon, this figure represents a third of CDC sales shortly before the Anglophone crisis. In detail, the 10,255 tonnes of bananas...
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Chad and the WFP sign an agreement worth 36 billion FCFA to curb Food crisis

The document was initialed by the Minister of Public Health Dr Abdelmadjid Abderahim and the Deputy Country Director of the World Food Program Enrico Pausilli. The amount was mobilized by...
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IMF says Gabon’s debt at 70% of GDP

Faced with the outcry caused by Gabon’s debt figures (70% of GDP) contained in the recent report produced by the international financial institution, the Resident Representative of the International Monetary...
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Cameroon to get 71.5 Billion FCFA from IMF under Extended Credit Facility

In detail, this new agreement falls within the framework of the first review of the Resilience and Sustainability Facility (FRD), as well as the sixth reviews of the program supported...
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IMF bemoans low income of Gabonese Citizens

The Resident Representative of the International Monetary Fund (IMF), Gomez Agou, spoke on Monday, June 10, on issues relating to the Report of the IMF’s Article IV consultation with Gabon....
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The Potential Impact of Far-Right Governance in Europe on Africa: A Comprehensive Analysis

The possibility of far-right parties coming to power in Europe could have profound and multifaceted consequences for Africa, affecting various economic, financial, social, and cultural aspects. Here is an analysis...
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The European Union plans to invest 80 billion Euros for research in Cameroon rare minerals

Faced with Chinese competition and its hegemony at the global level, the European Union once again demonstrated its interest in raw materials during the Cameroon International Convention of Mines and...
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