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Economy

Personal Income Tax fetches 15 billion FCFA for Cameroon in 2024

Despite a high rate of adoption of the digital platform for filing personal income tax (IRPP), tax revenue remains below forecasts. Finance Minister Louis Paul Motaze presented a mixed initial...
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Paul Biya strengthens the National Investment Corporation

As part of the public sector reform, the President of the Republic, Paul Biya, appointed the members of the Board of Directors of the National Investment Company (SNI) on April...
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Cameroon ends Mining Negotations with Sundace Resources

Sundance Resources has faced Cameroon’s categorical refusal to enter into financial negotiations afer failing to bring to fruition the Mbalam Nabab. The government is now favoring other partners for the...
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Terri L. Batch: Bridging Continents, Transforming Partnerships

Mrs. Terri L. Batch, a dynamic leader and international advocate, will take the stage at the BUSINESS EXCLUSIVE NETWORK, organized by Lorene Christelle Adibeyi at Los Angeles, California, to connect...
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Obasanjo to invest 420 billion FCFA in Kribi to boost Cameroon-Nigeria trade

Former Nigerian President Olusegun Obasanjo, now a businessman, plans to expand his OABL consortium into various key sectors of the Cameroonian economy. Agriculture is at the top of the list,...
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BEAC unveils new coins

Starting April 5, 2025, a new range of coins will enter circulation in the six countries of the Central African Economic and Monetary Community (CEMAC). Officially unveiled on April 2...
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 IFC and Afriland First Bank Join Forces with $60 Million for SMEs

In Yaoundé, April 2, 2025, the International Finance Corporation (IFC) and Afriland First Bank Cameroon announced an ambitious partnership aimed at facilitating access to financing for Cameroonian small and medium-sized...
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FECAFOOT and Custom Aministration partner to combat Fraud

 A unique partnership has emerged between the Directorate General of Customs and the Cameroon Football Federation (FECAFOOT). The goal: to combat the fraudulent importation and circulation of products under FECAFOOT’s...
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Cannes Film Festival 2025: A Global Celebration and Economic Powerhouse

From May 13 to 24, 2025, the Cannes Film Festival returns for its 78th edition, promising to dazzle the world with cinematic brilliance while delivering significant economic benefits to Cannes...
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Gabon in 2025: Navigating Economic Challenges and Unlocking Potential

In the face of economic dependency on oil, rising public debt, and social inequalities, Gabon finds itself at a crossroads. However, strategic diversification and bold initiatives offer a pathway to...
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IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth

Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to its Advisory Council on Entrepreneurship and Growth, convened by IMF Managing Director,...
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AFSIC 2025: A Premier Gateway for Capital Raising in Africa

In 2025, AFSIC – Investing in Africa solidifies its reputation as the go-to event for companies seeking capital in Africa and investors looking to connect with transformative opportunities. Through dynamic...
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Brazzaville to host first forum on energy and investment

The 2025 edition of the Congo Energy & Investment Forum is scheduled for March 24-26 in Kintélé, the northern suburb of the Congolese capital. Organized by Energy Capital & Power...
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Tony Elumelu Foundation Announces $15M Grant, 56 Cameroonian Entrepreneurs Among Beneficiaries

The Tony Elumelu Foundation (TEF) has unveiled a $15 million grant aimed at empowering 3,000 young entrepreneurs across 52 African countries as part of its 2025 entrepreneurship programme. The announcement...
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