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Congo plans 2.2 billion FCFA for the development of telecom services in rural areas in 2020

The Republic of Congo has planned to invest the sum of 2 243 900 807 FCFA in the development of telecom services in rural areas. The amount represents 75% of...
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Equatorial Guinea shortlists companies for Key Energy Projects under its Year of Investment

The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and revealed the key companies shortlisted for the execution of its landmark projects...
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UBA Cameroon donates 150 million FCFA to support Government’s Covid 19 Relief Efforts

The United Bank for  Africa – UBA Cameroon has officially handed over a cheque worth 150 million  FCFA through the UBA Foundation, to the Minister of Public Health Manaouda Malachie who received...
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African Development Bank launches 3 billion US Social Bond to fight Covid-19

The African Development Bank (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods...
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Chinese funded projects in Cameroon meet stonewall, Government swings into action

Projects financed by the Chinese government in Cameroon have been gripped by a plethora of challenges; causing some of them to be abandoned. While others  are moving at snail pace. ...
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CEMAC Commission predicts drop in Cameroon’s Economic growth due to Covid 19

The permanent Secretariat of the CEMAC Economic and Financial Reforms Programme –PREF CEMAC has revealed that the coronavirus would have a negative impact on Cameroon’s economy.  The organ of the...
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Cameroon to benefit from UBA’S Covid-19 Relief Support across Africa

The United Bank for Africa Plc (UBA) today announced a donation of over  (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the...
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Cameroon’s SME Bank to fund agricultural projects through 200 million FCFA scheme

The   bank for Small and Medium sized Enterprises in Cameroon wants to strengthen the capacity of the human capital engaged in key sectors of Agriculture. This follows a deal reached...
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Cameroon receives Pan-African aid from Alibaba CEO to tackle Covid 19

Cameroon’s share of the medical support promised by Chinese billionaire and Philanthropist Jack Ma has been received today. The cargo plane dispatched by the Alibaba boss earlier arrived Ethiopia where...
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African Development Bank unveils project to resolve Cameroon’s Electricity metering challenges

The African Development Bank and the multi-donor Fund for African Private Sector Assistance (FAPA) have joined the government of Cameroon to launch an initiative to bolster the deployment of electricity...
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CEMAC countries challenged to embrace Economic diversification in the face of Covid 19

Economies within the Economic Community of Central African States (ECCAS) will collectively have a 4.7 percentage point drop in their projected GDP growth this year as a result of the...
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Cameroon plans 220 billion FCFA fund raising operation in April to finance priority projects

The State of Cameroon wishes to mobilize a total of CFAF 220 billion on the money market via the issue of Assimilable Treasury Bonds (OTA). This money will help finalize...
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Young Cameroonian researchers propose the use of Drones to combat Covid 19

The Ministry of Scientific Research and Innovation has welcomed the proposal of some young Cameroonians suggesting the use of drones to limit and consequently eradicate the coronavirus which has now...
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Cameroon fails to raise 10 billion FCFA from BEAC Debt market

some 10000 central african CFA franc bank note obverse Cameroon for the second time has not succeeded to raise 10 billion FCFA as expected from the debt market of the...
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