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Finance

BGFI Bank Cameroon announces entry into the Stock Exchange in 2025

Gabonese banking group BGFIBank plans to open 10% of its capital to investors via the Central African Stock Exchange (BVMAC). This strategic operation, initially planned for 2020, takes place in...
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ECOBANK Cameroon reaffirms its role to Sustainable Development

On the occasion of International Banking Day, celebrated on 4 December, Ecobank Cameroon reaffirms its commitment to sustainable development. The institution highlights its role in financing sustainable initiatives and its...
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FECAFOOT and MTN renew Partnership

On Thursday, Samuel Eto’o, President of FECAFOOT, and Mitwa N’GAMBI, General Manager of MTN Cameroon, signed a partnership contract renewed for two years. This collaboration aims to strengthen the development...
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Gabon and Ivory Coast share experiences in Economic Planning

As part of a mission to share experiences and best practices, the Gabonese Deputy Prime Minister , Alexandre Barro Chambrier, was received on December 4, 2024 by the Ivorian Minister of Economy, Planning and...
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Douala – Bangui Corridor resumes business after Crisis talks

After several weeks of blockage, the Douala-Bangui corridor is back to life thanks to fruitful negotiations between Cameroon and the Central African Republic. Joint action by the authorities of the...
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Small and Medium Sized Enterprises gain new skills from MTN Business Academy

On November 24 and 25, 2024, Douala hosted the 7th edition of the MTN Business Academy. This annual event provided training for local entrepreneurs, with a focus on digital transformation and...
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Fuel price hikes feared as Cameroon drops Subsidy by 248 Billion FCFA in 2025

According to the draft law n°2074/PJL/AN relating to the finance law of the Republic of Cameroon for the financial year 2025, the fuel subsidy will be set at only 15...
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UBA Group to Commence Full Banking Operations in France

As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, Tony Elumelu in the presence of President Tinubu and the President of France, Emmanuel...
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Oligui Nguema in Egypt to boost Investment Cooperation

On a visit to Cairo, the President of the Gabonese Transition, Brice Clotaire Oligui Nguema, met with Egyptian investors and President Abdel Fattah Al-Sissi. The discussions aim to strengthen bilateral...
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Cameroon tables estimated 2025 State Budget of 7317 Billion FCFA to Parliament

The Cameroonian government has submitted to Parliament its draft budget for 2025, estimated at 7,317.7 billion CFA francs, a slight increase compared to 2024. This envelope places emphasis on public...
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Cameroon home production of Palm Oil declines as Imports soar

Despite colossal investments and jobs generated, the oilseed sector in Cameroon remains under pressure. With a structural deficit of 160,000 tonnes of crude palm oil and increasing imports, the challenges...
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TOTALEnergies Gabon reaps huge in Q3 of 2024

Mainly due to the increase in crude volumes sold by the company, TotalEnergies EP Gabon’s revenue stands at $157 million in the 3rd quarter of 2024, up 27% compared to...
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Nachtigal – Wouro Soua Electricity line to connect Cameroon and Chad

The future high-voltage transmission line between the Nachtigal dam and Wouro Soua, carried by revolutionary carbon-based conductors, is part of the Cameroon-Chad Electricity Grid Interconnection Project (Pirect). This colossal project,...
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TRADEX begins operations in DR Congo

The oil giant TRADEX, a subsidiary of the Société Nationale des Hydrocarbures (SNH) of Cameroon, is expanding its activities in the Democratic Republic of Congo. With a share capital of...
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