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SNH pressures Special Criminal Court to open Probe against Corrupt Oil Barons as Glencore case adjourned to 2027

The Managing Director of the National Hydrocarbons Company (SNH), Adolphe Moudiki, reiterated his impatience to see the judges of the Special Criminal Court (TCS) finally open the investigation in Cameroon,...
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Brazzavile hosts General Asembly of African Economic and Social Councils

On October 8 in Brazzaville, Prime Minister Anatole Collinet Makosso chaired the opening ceremony of the annual general assembly of the Union of Economic and Social Councils and Similar Institutions of...
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UBA Group recapitalization opens opportunities for Cameroonian investors

The United Bank for Africa, UBA, is in the process of recapitalization which gives investors across the globe and Cameroon in particular where it has a strong hold chance to...
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Gabon reduces Tax on Electronic Transactions following Popular pressure

Established by the 2025 Finance Bill, the Fee on electronic money issues (mobile money, bank cards, etc.) will no longer be levied at 5% on each transaction. Faced with the...
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Crude prices to be Adjusted in Congo

Oil barrel prices remain volatile due to the drop in demand in major markets (China, United States) and the persistence of geopolitical tensions. The main players in the national market...
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BRICS Summit 2024 in Russia: Transforming Global Dynamics

As the BRICS nations prepare for their summit in Kazan, Russia, the inclusion of ten new member countries is poised to reshape the global economic landscape. The upcoming BRICS summit,...
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CONSUMAF releases new Tarrifs for Funding operations in the CEMAC Zone

In the CEMAC zone, the regulation on the organization and operation of the Central African market, adopted on July 18, 2024 and made public on October 2, 2024, gave rise to...
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CEMAC Aviation Ministers push for a Harmonized Air Sector Regulation

Meeting on October 4, 2024 in Douala the Assa-ac Council of Ministers once again focused on the operationalization of its 2025 vision, the objective of which is to make CEMAC , ”  an integrated...
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BEAC Injects coins into the Economy

The Douala Agency of the Bank of Central African States BEAC the economic capital of Cameroon is launching an operation to exchange banknotes for coins. This operation mainly concerns pharmacies, supermarkets,...
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La Francophonie Summit offers opportunities for Congolese Tech Companies

There was excitement around digital technology from the first day of the FrancoTech Show, which took place on October 3 and 4 at Station F in Paris. Between the stroll...
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Small scale miners in Congo sensitized on SME creation process

The Ministry of Mining Industries and Geology organized in Brazzaville, in partnership with the United Nations Development Program (UNDP), a training and awareness-raising workshop for 25 small-scale artisanal mining entities on...
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UBA Appoints Fonda Fred Fonda as Chief Finance Officer for Africa

Africa’s Global Bank, United Bank for Africa (UBA) has appointed Fonda Fred Fonda as Chief Finance Officer (CFO) for Africa, where he will oversee the bank’s subsidiaries in Central, West, East,...
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SGG and SAEG agree to boost agriculture and livestock breeding in Gabon

The Gabon Guarantee Company (SGG) and the Gabon Agriculture and Livestock Company (SAEG) signed a memorandum of understanding on September 30, 2024. This strategic partnership, supported by the Gabonese Strategic...
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Congo signs Hudrocarbons Agreement with Russian giant LukOil

The memorandum of understanding for the completion of work on several oil blocks in Congo was signed on September 27 in Moscow, Russia, between the Minister of Hydrocarbons, Bruno Jean...
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