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Economy

OPEC Nations Unite in Solidarity Following Angola’s Departure, Pledging Ongoing Support for Cartel Goals

Angola’s recent decision to exit the Organization of the Petroleum Exporting Countries (OPEC), driven by disputes over production quotas, has set in motion a significant recalibration within the oil-producing alliance....
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Navigating Fiscal Challenges: Nigeria’s Finance Minister Courts Wall Street Confidence

In a high-stakes presentation at Manhattan’s prestigious Pierre hotel, Adebayo Olawale Edun, Nigeria’s finance minister, sought to allay concerns among Wall Street financiers. Against a backdrop of elegant croissants and...
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AFSIC London 2023: Unleashing Investment Synergy in Africa

In a dynamic convergence of entrepreneurs, investors, and business leaders, the tenth edition of the AFSIC – Investing in Africa conference held at the Park Plaza Westminster Bridge Hotel in...
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Unlocking Investment Horizons: A Glimpse into AFSIC London 2023

In the vibrant heart of London, the tenth annual AFSIC event unfolded its transformative narrative in early October 2023, placing a spotlight on dedicated investments. AFSIC, the zenith for asset...
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AFSIC London 2023: Charting the Future of African Finance

The recently concluded AFSIC London 2023, a flagship investment event spotlighting Africa’s financial services sector, emerged as a triumph, creating a vibrant arena for networking, collaboration, and exploration of unprecedented...
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Captain Ibrahim Traoré is a Burkinabe statesman with an impressive journey.

Born on March 14, 1988, in Kera, in the commune of Bondokuy, Burkina Faso, he has dedicated his life to serving his country, Burkina Faso. From a young age, Ibrahim...
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“Burkinabé Minister Bazie Warns of UN’s Precarious Path Amid Diplomatic Hypocrisy and Geopolitical Disputes”

Burkina Faso’s Minister of State, Mr. Bassolma Bazie, expressed concerns about the United Nations’ vulnerability to power politics, diplomatic hypocrisy, and misinformation. He criticized the UN’s paralyzed Security Council and...
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Major Funding Support Announced for Central Africa’s Priority Projects at Upcoming Paris Roundtable

In a significant development, the French Development Agency (AFD) and the European Investment Bank (EIB) have given their preliminary approval to back the upcoming Paris Roundtable. This event, organized by...
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Stears Announced as Lead Sponsor of AFSIC – Investing in Africa 2023

Empowering Africa-Focused Investments with Data-Driven Insights Stears, one of the world’s leading providers of African data and insights, has been announced as the Lead Sponsor of AFSIC – Investing in...
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Cameroon, the Miniature Africa, Sustains Its Position as the Economic Leader of Central Africa Subregion

Cameroon, often referred to as the Miniature Africa due to its cultural, geographical, and economic diversity, once again reaffirms its position as the foremost economic powerhouse in the CEMAC (Economic...
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Commercial Bank-Cameroun (CBC) Boosts Capital by 7.5 billion FCFA: A Step Towards Restructuring

In a recent announcement on July 19, Commercial Bank-Cameroun (CBC) revealed a capital increase from 16.5 billion to 24 billion FCFA, marking a significant rise of 7.5 billion FCFA (+45.45%)....
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Strengthening Historical Ties: Her Excellency Kitoko GATA NGOULOU, Ambassador of Chad, Presents Her Letter of Credence to the United States Of America, Expressing Determination to Promote Cooperation and Peace.

The Ambassador of Chad to the United States presents her letter of credence, thereby sealing a strong commitment to bilateral cooperation and the strengthening of historical ties between the two...
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New Global Financial Pact: Assessing the Summit Led by Emmanuel Macron to Foster Reconciliation between the Global North and South

The two-day global summit, titled the Global Financial Pact, recently held in Paris, has resulted in substantial progress for disadvantaged nations. However, the long-awaited realization of a radical transformation of...
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The Most Prosperous Countries in Africa: A Surprising List

Recent projections on the wealth of nations in Africa, measured by the gross domestic product (GDP) at current prices in dollars, reveal major changes in the ranking of the continent’s...
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