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cooperation

Gabon Oil Company Acquires Assala Energy in Strategic move

Gabon is taking a decisive step in controlling its energy resources with the finalization of the acquisition of Assala Energy by the Gabon Oil Company (GOC), according to an announcement...
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AFREXIMBANK and BDEAC seal MoU to promote Trade and Development in the CEMAC subregion

The Afreximbank 2024 Annual Meetings and the 3rd Africa -Caribbean Trade and Investment Forum took place from June 12 to 15, 2024 in Nassau, Bahamas. During these events, Kanayo Awani, Executive Vice...
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Congo Government promises to support three industrial giants

The Minister of Industrial Development and Private Sector Promotion, Antoine Nicéphore Fylla Saint-Eudes, signed, on June 21 in Brazzaville, protocols of intent with three industrial companies established in Congo, with...
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Cameroon Reviews 2024 State budget by 7.9% Increase

Cameroon’s state budget has increased by 538 billion FCFA (about 880 million U.S. dollars), we learned Thursday from an order signed by the president of the Paul Biya Republic. The...
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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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