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Economy

Discover AFSIC 2025: The Premier Event for Investing in Africa

AFSIC – Investing in Africa returns on October 14th and 15th, 2025, at the prestigious Park Plaza Westminster in London. Renowned as one of the largest investment events focused on...
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Over 300 Billion FCFA needed to finance Development projects

The Minister of Finance, Louis Paul Motaze, accompanied by the Minister Delegate to the Minister of Economy, Planning and Regional Development, Paul Tazong, was in Douala on February 13, 2025...
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UBA Group donates $500,000 to African Union Peace Fund

Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of $500,000 to the African Union (AU)...
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Libreville to host International Telecommunication Union Conclave

From 17 to 21 February 2025, Libreville will host the expert meeting of Study Group 3 of the International Telecommunication Union (ITU) dedicated to the economic and political challenges of...
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Congolese Company SENELEC charged with Distribution and Marketing of Electricity

The distribution and marketing of electricity in the Republic of Congo is now entrusted to the National Electricity Company of Senegal (Senelec), for a period of ten years.  A leasing agreement...
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CCA Bank launches program for Entrepreneurs – CCA Starter

On the occasion of the 59th edition of the Youth Festival, Marguerite Fonkwen Atanga, Managing Director of CCA-Bank, reaffirmed the banking institution’s commitment to youth entrepreneurship. Through the “CCA Starter”...
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Cameroon Ministry of Economy defines Strategic zones for 2025

Faced with economic challenges, the Ministry of Economy, Planning and Regional Development (MINEPAT) has defined the main strategic orientations for the year 2025. The annual conference of central and decentralized...
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Gabon accelerates procedure for start of Owendo Thermal plant

Gabon is currently facing a huge energy crisis. Entire cities are experiencing power cuts. Economic operators and the population are depressed by the inconvenience caused. The government, for its part,...
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Gabon and USA strengthen Economic Cooperation

The President of the Transition, General Brice Clotaire Oligui Nguema, met with the United States Ambassador to Gabon, Vernelle Trim Fitzpatrick, on February 12, 2025. At the heart of the...
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SNPC meets in Cameroonian and Gabonese Investors

After its successful roadshow in Brazzaville on February 10, the delegation of the Société nationale des pétroles du Congo (SNPC), led by its general manager, Maixent Raoul Ominga, met with...
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Cameroon welcomes Global Youth Leadership for Sustainable Cocoa

Cameroon’s Minister of Trade, Luc Magloire Mbarga Atangana, received in audience, on Thursday, February 13, 2025, a delegation from the Global Youth Leadership for Sustainable Cocoa (GYLSCO) program. This project,...
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Tony Elumelu Foundation Partners with UAE Office of Development Affairs, Khalifa Bin Zayed Al Nahyan Foundation to Empower Additional 1000 Young African Entrepreneurs

The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, from all 54 African countries , today, signed a USD$6million strategic partnership agreement with the UAE Office of...
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Douala Port Authority completes Phase II of Security Project

One year after the provisional acceptance, the Autonomous Port of Douala (PAD) has officially validated the final acceptance of the works of phase 2 of the project to secure the...
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BGFIBank Group lays down Efficiency and Growth plans for 2025

The BGFIBank Group held its Executive Convention and several strategic seminars in Douala from January 28 to 31, 2025. The objective: to mobilize teams, strengthen operational efficiency and prepare for...
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