Bitcoin
66,669
Bitcoin
$ 78,193
Bitcoin
66,669

Economy

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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CAMAIR-Co announces Point Noire route

In a dynamic of expansion, Camair-Co, the national airline of Cameroon, has just announced the addition of Pointe-Noire, economic capital of Congo, to its network of destinations. This announcement comes...
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Gabon Takes Steps to Enhance Control Over Forest Product Export: Ministry Launches Training Workshop

In order to improve the effectiveness of controls on wood production and the export of processed forest products, the Ministry of Water and Forests launched this Monday, April 15, a...
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Celestin Twamba starts new GECAM era

Elected with 98.18% of the votes from the Groupement des Entreprises du Cameroun (Gecam), Célestin Tawamba, the only candidate in the race, presented to business leaders the roadmap which will...
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CAR unveils Treasury Security Offer to investors in Douala

Hervé Ndoba, Central African Minister of Finance and Budget, during a roadshow in Douala was in front of investors in order to raise the said amount to cover the current...
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Diamond Trade: SEM obtains its first Kimberley Process certificate

Designated the first Gabonese diamond trading post, the Société Équatoriale des Mines (SEM) obtained its first Kimberley Process certificate on March 25. The first issued by the Gabon section of...
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Africa will dominate the top 10 of global growth in 2024

Outlooks from major international institutions indicate that Africa is preparing to dominate the global economic landscape in 2024. For the ECA, Niger, Senegal, Ivory Coast, DRC and Rwanda will particularly...
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COBAC hails Douala Port Performance

With a capital of 30,576 billion CFA francs, this port company 100% owned by the State of Cameroon was classified as a high-class company of national importance on December 19,...
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