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Economy

Abbas Mahamat Tolli submits Candidacy for African Development Bank Presidency

Chad officially submitted the candidacy of Abbas Mahamat Tolli for the presidency of the African Development Bank (AfDB), during a ceremony in Abidjan, on December 13, 2024. With his experience...
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CEMAC Meet in Emergency Conclave to address Urgent Challenges

The heads of state of the Economic and Monetary Community of Central Africa (CEMAC) are meeting on Monday in Yaoundé for better coordination in the face of worrying warning signals...
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Ecobank Cameroon Crowned Bank of the Year from The Banker Magazine

Thanks to its initiatives in favor of financial inclusion and its expansion strategy, Ecobank Cameroon, led by Gwendoline Abunaw, has been awarded the prestigious “Bank of the Year 2024” award...
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Douala Port Authority wins another decisive case against DIT in Paris

According to a press release made public on December 5, 2024 by the Director General of the Autonomous Port of Douala, the Paris Court of Appeal has annulled the arbitration...
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Cameroonians Benefiting Significantly from the UBA Graduate Management Programme

Cameroonians have emerged as some of the top beneficiaries of the United Bank for Africa (UBA) Group’s Graduate Management Accelerated Programme (GMAP). This initiative has placed UBA Group at the...
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BGFI Bank Cameroon announces entry into the Stock Exchange in 2025

Gabonese banking group BGFIBank plans to open 10% of its capital to investors via the Central African Stock Exchange (BVMAC). This strategic operation, initially planned for 2020, takes place in...
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ECOBANK Cameroon reaffirms its role to Sustainable Development

On the occasion of International Banking Day, celebrated on 4 December, Ecobank Cameroon reaffirms its commitment to sustainable development. The institution highlights its role in financing sustainable initiatives and its...
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FECAFOOT and MTN renew Partnership

On Thursday, Samuel Eto’o, President of FECAFOOT, and Mitwa N’GAMBI, General Manager of MTN Cameroon, signed a partnership contract renewed for two years. This collaboration aims to strengthen the development...
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Gabon and Ivory Coast share experiences in Economic Planning

As part of a mission to share experiences and best practices, the Gabonese Deputy Prime Minister , Alexandre Barro Chambrier, was received on December 4, 2024 by the Ivorian Minister of Economy, Planning and...
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Douala – Bangui Corridor resumes business after Crisis talks

After several weeks of blockage, the Douala-Bangui corridor is back to life thanks to fruitful negotiations between Cameroon and the Central African Republic. Joint action by the authorities of the...
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Small and Medium Sized Enterprises gain new skills from MTN Business Academy

On November 24 and 25, 2024, Douala hosted the 7th edition of the MTN Business Academy. This annual event provided training for local entrepreneurs, with a focus on digital transformation and...
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Fuel price hikes feared as Cameroon drops Subsidy by 248 Billion FCFA in 2025

According to the draft law n°2074/PJL/AN relating to the finance law of the Republic of Cameroon for the financial year 2025, the fuel subsidy will be set at only 15...
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UBA Group to Commence Full Banking Operations in France

As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, Tony Elumelu in the presence of President Tinubu and the President of France, Emmanuel...
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Oligui Nguema in Egypt to boost Investment Cooperation

On a visit to Cairo, the President of the Gabonese Transition, Brice Clotaire Oligui Nguema, met with Egyptian investors and President Abdel Fattah Al-Sissi. The discussions aim to strengthen bilateral...
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