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Economy

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Tony Elumelu to Co-Chair New Africa Summit at the 8th Edition of Saudi Arabia’s Future Investment Initiative

October 28, 2024By
Tony Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA), and the Founder of The Tony Elumelu Foundation (TEF), will co-chair the New African Summit, at the upcoming...
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Tony Elumelu on AfroCapitalism,UBA’s Global expansion and Africa’s future growth

October 28, 2024By
By Nicholas Norbrook Fresh from meetings with Senegal’s President Faye and Aliko Dangote, and about to celebrate 40 years of banking in the US, UBA chair Tony Elumelu expands on...
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BRICS 2024 Summit: Strengthening Unity and Expanding Horizons

October 26, 2024By
The BRICS 2024 Summit, held in Kazan, Russia from October 22 to 24, showcased significant discussions and resolutions aimed at bolstering multilateralism, economic development, and global security. This landmark event...
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Kribi Container Terminal to invest 70 Billion FCFA in Expansion Programme

October 25, 2024By
Kribi Conteneurs Terminal (KCT), manager of the Kribi Port Container Terminal, is continuing its expansion with a colossal investment of 70 billion FCFA for the acquisition of new equipment and...
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Congo and Russia agree to Speed up the Execution of Petroleum projects

October 25, 2024By
Cooperation between the two countries has strengthened in recent years, thanks to the notable commitment of Russian companies in the oil and gas sector in Congo. After a meeting with...
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ICT University announces 5 Billion FCFA funding Scheme to advance Technological drive

October 22, 2024By
5 Billion CFA frs is the amount that will help students realise their school projects at the ICT University in the days ahead. This announcement was made public by Professor...
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Congo validates Public Finance Transparency and Management plan

October 22, 2024By
The various documents of the 2025-2029 strategic plan of the National Commission for Transparency and Accountability in Public Finance Management (CNTR) were validated by the stakeholders involved in the implementation of the transparency code...
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Gabon to grant Special Status to Local quarry operators

October 22, 2024By
During a meeting with the Minister of Mines, Gilles Nembe, the Collective of Quarry Operators, represented by Vanessa Ngabama, advocated for the creation of a special status for Gabonese operators....
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Ecobank Day focuses on Artificial Intelligence

October 22, 2024By
On 19 October 2024, Ecobank Cameroon celebrated “Ecobank Day” under the theme “Transforming Africa through Education: Boosting Learning with AI”. The day was marked by a panel discussion bringing together...
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CAMTEL pays 4.6 Billion FCFA to the State in 2023

October 21, 2024By
Cameroonian telecommunications operator, Camtel, posted a record net profit of 11.1 billion FCFA in 2023, marking a turning point in its history with a dividend payment to the State, despite...
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CCA Banks moves into Ultramodern Headquarters in Bonanjo

October 21, 2024By
On October 19, 2024, CCA Bank inaugurated its new headquarters in Douala in the presence of influential personalities such as Louis Paul Motaze, Minister of Finance, and Samuel Eto’o Fils,...
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Why Youth Entrepreneurs Are Key to Tackling Climate Change in Africa – Tony Elumelu

October 19, 2024By
I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to effectively tackle climate change within the African context,...
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Islamic Development Bank to provide First disbursement of Funds for Cameroon – Chad Electricity Interconnection

October 18, 2024By
The Islamic Development Bank (IDB) has planned a first disbursement for the Cameroon-Chad Electricity Grid Interconnection Project (Pirect) before the end of 2024, as part of a total financing of...
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Congo Budget Controllers consolidate Performance

October 18, 2024By
The Ministry of Budget, Public Accounts and Public Portfolio organized, on October 15, at the International Conference Center of Kintélé, the first day of the budget controller. It aims to...
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