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Economy

Yaounde to host over 50 Ministers for Global Mining Convention CIMEC

The political capital of Cameroon, Yaoundé, is preparing to become the nerve center of international mining discussions with the holding of the 4th edition of the International Convention of Mines...
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CIMEC 2024 Yaounde to host 50 OACPS Ministers for Global mining Convention

The political capital of Cameroon, Yaoundé, is preparing to become the nerve center of international mining discussions with the holding of the 4th edition of the International Convention of Mines...
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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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Jennifer Lufau: Pioneering Diversity and Inclusion in Gaming

Jennifer Lufau, a visionary in the gaming industry, is set to grace the stage at VivaTech 2024 as a speaker. As the founder and president of Afrogameuses, she has been...
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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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2 billion FCFA bonuses to Cocoa farmers in Cameroon

During a press conference held in Yaoundé, the Minister of Commerce, Luc Magloire Mbarga Atangana, announced the allocation by the Cameroonian government of quality bonuses, amounting to 2 billion FCFA,...
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