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cooperation

BGFIBank Cameroun – Abakal Mahamat given another Five year mandate

Chosen for a new five-year mandate at the head of the Cameroonian subsidiary of the Gabonese banking group BGFI Bank, the board of directors held on May 15, 2024 under...
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UBA Cameroon Reveals Plans to Support SMEs Thanks to an Agreement with the Africa Continental Free Trade Area (AfCFTA)

After the agreement between UBA Group and the Africa Continental Free Trade Area (AfCFTA) Secretariat in 2023 to invest $ 6 billion as funding for African Small and Medium Enterprises...
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Quarterly borrowing rate – Cameroon reached the mark of 101.3% in 3 months

In detail, between January and March 2024, four financing agreements valued at 240.7 billion FCFA were signed by the Cameroonian authorities. Of the total amount borrowed during the indicated period,...
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University of Ngaoundere and UBA Cameroon seal Partnership to secure access to Financial Services

In a bid to facilitate access to financial services, a partnership agreement has been signed between UBA Cameroon and the University of Ngaoundere. Prof. MAMOUDOU ABDOULMOUMINI Vice Chancellor of the...
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FODECC to give 10.5 Billion FCFA Subsidy to Cameroon Cocoa and Coffee farmers

According to information provided by the Ministry of Agriculture and Rural Development, the State will contribute 6.3 billion FCFA, while the Central African Forest Initiative (Cafi) will supplement with a...
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Full Year 2023: UBA Gross Earnings Rises by 143% YoY, Profit hits $1.06bn

• Declares 0.24 cents Final Dividend• Total Assets Rise by 90.2% to $21.7 billion• Shareholders’ Funds Hits $2.1bn, achieving an impressive growth of 120.2%. In another unprecedented performance, Africa’s Global...
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300 Million Africans on the Path to Electrification: A Historic Partnership between the World Bank and the AfDB

At the spring meetings of the World Bank and the International Monetary Fund (IMF) in Washington, the World Bank and the African Development Bank (AfDB) announced an unprecedented partnership to...
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Cameroon Investment Forum; Business leaders call for reforms to stimulate import-substitution

The Cameroon Investment Forum (CIF) 2024, orchestrated by the API in Douala, highlights the import-substitution policy, targeting key sectors such as rice, corn, fish, milk and oil. webbed. Initiated in...
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Over 1500 billion FCFA raised through BVMAC in 2023

Although the market capitalization of available securities increased by 36.8% over one year, efforts are still expected so that the Central African Securities Exchange (Bvmac) achieves its objectives, underlines the...
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FAO and Cameroon Government seal 1 billion FCFA Convention to boost Agro-pastorial sector

Mitigating the short-term impacts of food and nutritional insecurity in targeted areas, strengthening economic, climatic and community resilience these are the outlines of the framework financing agreement signed on April...
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CAMAIR-Co announces Point Noire route

In a dynamic of expansion, Camair-Co, the national airline of Cameroon, has just announced the addition of Pointe-Noire, economic capital of Congo, to its network of destinations. This announcement comes...
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Diamond Trade: SEM obtains its first Kimberley Process certificate

Designated the first Gabonese diamond trading post, the Société Équatoriale des Mines (SEM) obtained its first Kimberley Process certificate on March 25. The first issued by the Gabon section of...
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Africa will dominate the top 10 of global growth in 2024

Outlooks from major international institutions indicate that Africa is preparing to dominate the global economic landscape in 2024. For the ECA, Niger, Senegal, Ivory Coast, DRC and Rwanda will particularly...
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Castel Group unveils 9th Production Unit

Boissons du Cameroun marked an 18% increase in its production capacity through the inauguration of its new line installed in its Yaoundé factory. Built by the Krönes company and inaugurated...
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