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Economy

Ecobank Cameroon launches ‘Ellevate’ programme to empower women-led businesses

The official launch of the ‘Ellever’ program by Ecobank Cameroon took place on March 30th, 2021 in Douala with the presence of administrative authorities and several women entrepreneurs and business...
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GICAM and APECCAM discuss Financial access for SMEs in Cameroon

According to the explanations of Célestin Tawamba, president of GICAM, who was leading the work, the financing of the economy is a matter of Arles. This sinews of war which...
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BDEAC and BSCA grants credit to Global Developpement S.A

To implement this private project at a total cost of 10.4 billion CFA francs Global Development. The BDEAC grants a loan of 5 billion CFA francs, or 48% of the...
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Brazzaville prepares to host the annual meetings of the African Development Bank

The Congolese capital is, in fact, used to hosting pan-African and international meetings. For the time being, the mission reserves the right to comment on this matter. She continues to...
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Cameroonian born Raoul Keddy named to the Houston Office of Business Opportunity

Raoul Keddy is an international business & affairs consultant, government Relations & public affairs expert, speaker and lobbyist. He is the Founder & Managing Director of Raked Intl LLC. Through...
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Cameroon and ITFC seal 250 million US Dollar deal to strengthen Economy

According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support...
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BEAC envisages Economic recovery in the CEMAC zone

Thus, for this year, the Monetary Policy Committee of the Bank of Central African States predicts, in particular, a real gross domestic product (GDP) growth rate of 1.%, against -2.1%...
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Credit to the Gabonese State drop by 22% in 2020

However, year-on-year, loans granted to the private sector increased by 2.9% to CFAF 1,132.6 billion in December 2020. They represented 70.9% of total loans against 67.9% in December 2020. This...
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147 Congolese Enterprises to benefit from 1.3 billion FCFA

According to the Minister of SMEs, craftsmanship and the informal sector, Yvonne Adelaide Mougany, the goal has been achieved, that of engaging entrepreneurial culture among young people and women. All...
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BEAC launches Control Operation against Illicit Capital flight

The Bank thus hopes to get its hands on the operators who are at the origin of the current account deficit observed during fiscal year 2020. If the exact figures...
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G20 grants Chad Debt Moratorium

According to Agence France Presse, to date, 46 countries out of the 73 eligible, have requested and obtained a postponement of the payment of interest, for an amount of 5.7...
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DRC’s Extractive sector at the heart of the country’s GDP

In figures, this economic growth was only 1.7%, whereas it had crossed 4.4% in 2019. This low growth rate was possible with the performance recorded on the mining site in...
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First phase of the Yaounde Douala Motorway to be operational in November 2021

On the first 40 km of the motorway, it rolls easily. All that remains is the installation of 2 toll booths. In the last section, there is grain to grind....
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CEMAC Commission head hails Gabon’s Log policy

According to Prof. Daniel Ona Ondo, chairman of the Commission of the Economic and Monetary Community of Central African States (CEMAC), the measure taken by Ali Bongo banning the export...
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