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Finance

Congolese Financial authorities urged to Deliver Results on Budget Execution

The Minister of Budget, Public Accounts and Public Portfolio, Ludovic Ngatsé, brought together on November 22 in Brazzaville the general, central and departmental directors of Taxes and Estates and those...
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Nachtigal Dam enters 4th stage Functionality

On November 18, 2024, Nachtigal Hydro Power Company (NHPC) announced the commissioning of the fourth group of the Nachtigal hydroelectric development. This milestone brings the power produced to 240 MW,...
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BGFI Bank Cameroon prepares to unveil Ultra-Modern Head office

BGFI Bank Cameroon is set to mark a milestone in its history with the official inauguration of its new headquarters building on December 6 in Douala. This ultramodern eight-story building...
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Cameroon tables Bill on Local Taxation

Submitted to the National Assembly on November 13, 2024, the bill on local taxation proposes to eliminate certain municipal taxes and introduce major reforms to optimize the resources of decentralized...
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Gabon embarks on EuroBonds 2025 Purchase

The Minister of Economy and Investments, Mays Mouissi, explained, on November 18, 2024 in Libreville, the ins and outs of the early repurchase operation of the Eurobond 2025. This strategic...
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CDC in rough waters, Labourers strike over Accumulated Arrears

Cameroon’s second largest employer after the state, the Cameroon Development Corporation (CDC), which specializes in the production, processing and marketing of export crops such as bananas, palm oil and rubber,...
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Cameroon plans to become the Wheat giant in Central Africa

Cameroon is on its way to becoming a central player in wheat production within the Economic and Monetary Community of Central Africa (CEMAC). This approach is part of a large-scale...
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Prudential Beneficial Insurance and Africa Golden Bank unite to Deliver Innovative Solutions

October 31, 2024 will remain a milestone for the Cameroonian financial sector. On that day, Prudential Beneficial Insurance and Africa Golden Bank sealed a strategic bancassurance partnership during a ceremony...
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Norwegian Fund Norfund to finance Green Economy Projects in Cameroon

Norwegian investment fund Norfund is showing growing interest in Cameroon to finance projects focused on the green economy. In its desire to strengthen its presence in Central Africa, Norfund is...
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Cameroon Public Contracts Ministry threatens Contractors who abandon Projects

Cameroon’s Ministry of Public Contracts is stepping up its fight against the abandonment of construction sites by service providers. A 21-day ultimatum has been given to 216 companies to resume...
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Patrick Benon Crowned C.E.O of the Year at Africatech Festival

Awarded each year during the Africa Tech Festival, the “CXO of the Year” is a prestigious award that celebrates a leader who has demonstrated in the field of ICT, “exceptional...
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Congolese companies explore opportunities under AGOA

Fifty stakeholders from the private and public sectors are taking part in a training workshop on November 12 and 13 in Brazzaville, focusing on opportunities for exporting products to the...
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Cameroon Digitalizes Sales of Fiscal stamps

Starting November 15, Cameroonian citizens will be able to purchase their tax stamps via a digital platform. An innovative reform that promises to secure tax revenues, simplify administrative procedures and...
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Chinese company Complant involved in the “Ignié 2021-2046” project

The Minister of Special Economic Zones (SEZs) and Economic Diversification, Jean-Marc Thystère-Tchicaya, met with the Deputy General Manager of “Complant”, He Haishan, in the presence of members of the company...
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