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GICAM raise concerns over BEAC’s Money transfer reforms

“We understand these control measures. But, they must be done taking into account economic activity. We cannot admit that at this time when we are supporting companies all over the...
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MTN Cameroon and CAMTEL sign a memorandum of understanding on the resale of Internet capacities

This partnership results from the implementation of the recommendations of the Minister of Posts and Telecommunications (MinPostel) and the negotiations underway between Camtel and MTN Cameroon since 2018. It will...
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Ecobank Cameroon launches ‘Ellevate’ programme to empower women-led businesses

The official launch of the ‘Ellever’ program by Ecobank Cameroon took place on March 30th, 2021 in Douala with the presence of administrative authorities and several women entrepreneurs and business...
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GICAM and APECCAM discuss Financial access for SMEs in Cameroon

According to the explanations of Célestin Tawamba, president of GICAM, who was leading the work, the financing of the economy is a matter of Arles. This sinews of war which...
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BDEAC and BSCA grants credit to Global Developpement S.A

To implement this private project at a total cost of 10.4 billion CFA francs Global Development. The BDEAC grants a loan of 5 billion CFA francs, or 48% of the...
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Brazzaville prepares to host the annual meetings of the African Development Bank

The Congolese capital is, in fact, used to hosting pan-African and international meetings. For the time being, the mission reserves the right to comment on this matter. She continues to...
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Cameroonian born Raoul Keddy named to the Houston Office of Business Opportunity

Raoul Keddy is an international business & affairs consultant, government Relations & public affairs expert, speaker and lobbyist. He is the Founder & Managing Director of Raked Intl LLC. Through...
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Cameroon and ITFC seal 250 million US Dollar deal to strengthen Economy

According to the newspaper, an official statement made public on April 12, 2021, by the ITFC specifies that “thanks to this framework agreement, the ITFC will also extend its support...
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BEAC envisages Economic recovery in the CEMAC zone

Thus, for this year, the Monetary Policy Committee of the Bank of Central African States predicts, in particular, a real gross domestic product (GDP) growth rate of 1.%, against -2.1%...
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Credit to the Gabonese State drop by 22% in 2020

However, year-on-year, loans granted to the private sector increased by 2.9% to CFAF 1,132.6 billion in December 2020. They represented 70.9% of total loans against 67.9% in December 2020. This...
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