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Economy

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Douala Port Authority completes Phase II of Security Project

February 11, 2025By
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

February 11, 2025By
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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BVMAC Transactions fall by 21% in Q4 2024

February 10, 2025By
The financial market of the Economic and Monetary Community of Central Africa (CEMAC) experienced a significant drop in transactions in the last quarter of 2024. According to the Quarterly Bulletin...
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Chad and the World Bank examine current Projects

February 9, 2025By
On February 7, a World Bank portfolio monitoring meeting in Chad was held between a World Bank team, led by its Resident Representative Rasit Pertev, and another from the Ministry...
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Electricity sector in Cameroon still limping

February 8, 2025By
Announced 16 months ago, the renationalization of Eneo continues to flounder. A monotonous situation that is gradually leading the electricity sector into total agony, thus reinforcing the place of obscurity...
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Five Candidates for African Development Bank top seat

February 8, 2025By
After two consecutive terms at the head of the African Development Bank (AfDB), Akinwumi Adesina is preparing to hand over the reins in May 2025. Five personalities with solid profiles...
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Mbalam – Nabeba Iron Project – Cameroon boycotts case against Sundace Resources in Paris

February 7, 2025By
On January 28, 2025, Cameroon was conspicuous by its absence at a crucial hearing before the Court of Arbitration of the International Chamber of Commerce (ICC) in Paris. This refusal...
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Gabon and Saudi Arabia strengthen Financial Cooperation

February 6, 2025By
The revival of economic relations between Gabon and Saudi Arabia should accelerate. On February 4, the Deputy Prime Minister in charge of Planning and Foresight received a delegation from the...
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Investors praise Cameroon 2023 bonds on the Central African Stock Exchange BVMAC

February 5, 2025By
For over a year, the 7-year bonds issued by the State of Cameroon in 2023 have remained particularly popular on the Central African Stock Exchange (Bvmac). Despite persistent purchase offers,...
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New MTN Cameroon C.E.O Wanda Matandela meets Authorities

February 5, 2025By
The new Managing Director of MTN Cameroon, Wanda Matandela, is increasing the number of meetings with Cameroonian authorities before his official installation scheduled for March 1, 2025. Objective: a smooth transition...
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EU maps out Cooperation Strategies with Pointe Noire Port Administration

February 4, 2025By
As part of the study to identify and map potential projects on the Pointe-Noire-Brazzaville-Kinshasa-Bangui corridor, a mission of experts mandated by the European Union (EU) held a working session on...
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CDC registers record Exports since 2017

February 3, 2025By
After years of crisis that heavily affected its production and exports, the Cameroon Development Corporation (CDC) has returned to growth. In December 2024, the public agro-industrial company exported more than...
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IMF Releases 77 billion FCFA to Cameroon

February 3, 2025By
After an in-depth assessment, the International Monetary Fund (IMF) expressed its satisfaction with Cameroon’s progress in managing its public finances. The institution approved a disbursement of 77.5 billion CFA francs...
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CEMAC and UEMOA decide to harmonize Statistical System

February 1, 2025By
CEMAC and UEMOA, with the support of the World Bank, are continuing the harmonization of their statistical systems to improve the quality of socio-economic data in West and Central Africa....
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