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Finance

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Gabonese Authorities map out Strategies for Effective Management of the State Budget

December 26, 2024By
State budget management was at the center of a government seminar this Monday, December 23 in Libreville. Chaired by the Prime Minister of the Transition, Raymond Ndong Sima, these discussions...
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Sub Regional Growth Consolidated despite Economic shocks

December 25, 2024By
The Central Bank is counting on a consolidation of growth in the Economic and Monetary Community of Central Africa (CEMAC) to 2.7% in 2024 against 2% in 2023. At the sub-regional...
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Gabon to boost Technological Innovation in 2025

December 23, 2024By
In order to reduce its dependence on this matter, Gabon plans to create a digital and industrial technology park in 2025 that will produce its own equipment. A fundraising campaign...
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Cameroon secures 400 thousand hectares of land to promote Import-Substitution

December 23, 2024By
To address Cameroon’s high food dependence on imports, the government has launched a vast land security project covering 400,000 hectares on the Yoko-Lena-Tibati corridor. The aim is to stimulate local...
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SONARA plans to construct a Hydrocracking Unit in its Rehabilitation plan

December 20, 2024By
The SONARA rehabilitation project, which was severely affected by the 2019 fire, is entering a new phase. The Cameroonian government, with the support of the IMF, is examining the feasibility...
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BEAC increases Liquidity for Banks in the CEMAC zone

December 20, 2024By
Faced with renewed interest from commercial banks in refinancing operations, the Bank of Central African States (BEAC) increased its liquidity offer to 220 billion FCFA on December 17, 2024. This...
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UKCCC, AmCHAM and EUROCHAM seal MoU to boost Investment Promotion in Cameroon

December 20, 2024By
In an increasingly interconnected global economy, collaboration among business organizations is essential for fostering growth and innovation. Today marks a significant milestone as the American Chamber of Commerce, the European...
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Congo to lead Board of Africa Intellectual Property Organization

December 19, 2024By
The Congolese Minister of Industrial Development and Private Sector Promotion, Antoine Thomas Nicéphore Fylla Saint Eudes, was elected current President of the Board of Directors of the African Intellectual Property...
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Gabon Authorities prescribe Transparent Execution of Public Contracts in 2025

December 19, 2024By
The subject of several criticisms from some business leaders, the management of public procurement in Gabon remains to be perfected. In the National Assembly, for greater efficiency and transparency in...
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MTN Cameroon announces 60 Billion FCFA Investment for 2025

December 17, 2024By
During his visit to Cameroon, Ralph Mupita, Chairman and CEO of MTN Group, unveiled a $100 million investment plan for 2025. This envelope is part of a broader strategy of...
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Neptune Oil Reaches Business Deal with Dangote Refinery

December 17, 2024By
Nigeria’s Dangote Refinery and Cameroon’s Neptune Oil mark a historic milestone in their economic cooperation. The first export of refined petroleum products illustrates their vision of a more energy-independent and...
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Ecobank Cameroon Crowned Bank of the Year from The Banker Magazine

December 16, 2024By
Thanks to its initiatives in favor of financial inclusion and its expansion strategy, Ecobank Cameroon, led by Gwendoline Abunaw, has been awarded the prestigious “Bank of the Year 2024” award...
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Douala Port Authority wins another decisive case against DIT in Paris

December 9, 2024By
According to a press release made public on December 5, 2024 by the Director General of the Autonomous Port of Douala, the Paris Court of Appeal has annulled the arbitration...
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Cameroonians Benefiting Significantly from the UBA Graduate Management Programme

December 9, 2024By
Cameroonians have emerged as some of the top beneficiaries of the United Bank for Africa (UBA) Group’s Graduate Management Accelerated Programme (GMAP). This initiative has placed UBA Group at the...
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