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Finance

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Cameroon records drop in Oil and Gas revenue

September 20, 2024By
In the first half of 2024, Cameroon is expected to see a significant drop in its oil revenues, threatening the government’s target of 801 billion FCFA for the year. Factors...
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José Miguel Obiang Nchama appointed new General Manager of BANGE Bank Cameroon

September 18, 2024By
The Former Director of internal audit of Bange SA, takes the reins of the Cameroonian subsidiary of the Equatorial Guinean bank. His appointment comes in a difficult context, three years...
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Congo braces up for Construction of Second Refinery

September 18, 2024By
The parts for the assembly of the plant, which has a capacity of 5 million tonnes per year, are being manufactured, three years after the official start of work on...
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Afriland First Bank to implement funding for Post-COVID 19 SME Recovery

September 18, 2024By
The amount allocated by the Islamic Development Bank to the leader in finance in Cameroon is part of post-Covid19 financing and will support small and medium-sized enterprises. According to the...
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CCA Bank rolls out Bancassurance Services in Yaounde and Douala

September 16, 2024By
Through a week of events from September 7 to 13, 2024, CCA-Bank is highlighting bancassurance in the cities of Douala and Yaoundé. This initiative aims to raise awareness among populations...
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Camalco gets Permit for Minim-Martap Bauxite exploitation

September 16, 2024By
President Paul Biya has officially awarded Camalco, a subsidiary of Australian Canyon Resources, the permit to exploit the Minim-Martap bauxite deposit. This major mining project, worth $2 billion, is expected...
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Douala Ports Authority unite forces to develop Port Infrastructure

September 11, 2024By
The Autonomous Port of Douala (PAD) and the Chamber of Agriculture, Fisheries, Livestock and Forestry (CAPEF) are intensifying their cooperation to modernize Cameroon’s port infrastructure. This collaboration mainly targets two...
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Congo adopts international public sector accounting standards

September 11, 2024By
The National Order of Chartered Accountants of Congo (ONEC-C) organized, from September 5 to 6 in Brazzaville, a training session for accountants on  international public sector standards (IPSAS) which aim to improve...
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Gabonese leader meets Chinese investor to tackle Electricity crisis

September 9, 2024By
Taking advantage of his stay in China, the President of the Transition went to the city of Nanjing where he visited NARI group corporation, one of the Chinese leaders in...
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Point Noire Ports Authority sets 2030 vision

September 9, 2024By
Prime Minister Anatole Collinet Makosso began his visit to Pointe-Noire with a working session with the leaders of the Autonomous Port, with whom he discussed current projects and the 2030...
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Gabon seals $4.3 Billion with China for Development Initiatives

September 5, 2024By
During the 2nd Gabon-China Economic Forum, which began on Tuesday, September 3, 2024 in Beijing (China), the Minister of Mines, Gilles Nembe, took the opportunity to highlight Gabon’s strengths in...
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MTN Cameroon generates over 72 Billion FCFA from Fintech and Internet sales in First half of 2024

September 5, 2024By
Over the period from January to June 2024, the sale of internet services from the Cameroonian subsidiary of the South African telephone giant contributed to 40% of total turnover.Based on...
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At FOCAC Summit, Biya and Xi agree to forge Strategic Parnership

September 5, 2024By
Chinese President Xi Jinping on Wednesday met with Cameroonian President Paul Biya, who is in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC).The two leaders announced...
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Subscriptions at CEMAC Securities market decline

September 4, 2024By
The eleventh session of the Permanent Consultation Framework (CPC) of the Public Treasuries with the Treasury Securities Specialists (SVT), opened on September 3 in Brazzaville, is devoted to the challenges...
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