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Finance

Gabon to unveil largest Solar power facility in Central Africa

Under the leadership of the President of the Transition, the company Solen, leader in the field of renewable energies, announces the completion of the largest solar power plant, to date,...
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Gabon Utility Company SEEG placed under provisional Administration

Only four days after ordering an in-depth audit of the Gabon Electricity and Water Company (SEEG), the transitional president announced on Tuesday night, August 27, through the CTRI spokesperson, the...
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Congo and World Bank review PATN Project

As part of the implementation of the Digital Transformation Acceleration Project (PATN), the Minister in charge of the Digital Economy, Léon Juste Ibombo, received a delegation from the World Bank...
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Pension Fraud cost Cameroon 3.1 Billion FCFA in losses

Driven by fraud, the State of Cameroon lost 3.1 billion CFA francs per year over the period 2010-2021, indicate the results of a tripartite audit conducted by the Minfi, the...
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Baloumgou Development Committee organizes Excellence Award, 200 pupils and students benefit

The Baloumgou Development Committee recently organized the second edition of the Academic Excellence Award, a ceremony marked by the distinction of nearly 200 pupils and students. More precisely, 200 young...
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MTN Cameroon records 181 Billion FCFA in 1st Semester of 2024

Based on the published information, it is discovered that, from January to June 2024, the performance achieved by MTN Cameroon is up by 16% compared to the first half of...
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Flights resume between Brazzaville and Bangui

Congolese and Central African authorities are considering the possibility of reopening the Brazzaville-Bangui air link, suspended since the covid-19 health crisis. But this desire to re-establish direct flights between the...
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Congo Telecom Regulator unveils findings of performance of Mobile Networks

The Postal and Electronic Communications Regulatory Agency (ARPCE) unveiled the results of its latest comprehensive survey on the quality of mobile networks in Congo on August 14 in Brazzaville. This...
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British American Tobacco Cameroun Appoints Elias Pungong as Non-Executive Board chairman.

British American Tobacco Cameroun (BATC) is pleased to announce the appointment of Dr. Elias Pupesie Pungong as Chairman of its Non-executive  Board (NeB), effective 16th August 2024.    Dr. Elias...
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2025-2028 Strategic plan for PEAC under study

The members of the Central African Power Pool (CAPP) management committee examined, on August 16, the Strategic Business Plan (SBP) document for the period 2025-2028. Through this roadmap with a...
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Africa’s Banking Titans: The Top 30 of 2024 and Their Economic Impact

The vibrant banking landscape of Africa is revealed in the latest 2024 ranking of the top 30 African banks. From the southern tip in South Africa to the northern reaches...
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Gabon receives Generators to boost Electricity production

On behalf of the Gabonese State, the Minister of Energy and Water Resources, Jeannot Kalima, received, on August 12, an additional batch of generators intended to increase the energy supply...
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CCA Bank opens about 45.000 Accounts in 2023

The privately-owned bank provided this information in its recent activity report, which also indicates the significant impact of the digitalization of its services as a lever for its performance. Up...
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Congo huge Debt worrisome for the World Bank

With a public debt rate estimated at 96% of the Gross Domestic Product (GDP), Congo is still classified as over-indebted by the World Bank (WB). Getting out of over-indebtedness would...
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