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Finance

Congo Budget Controllers consolidate Performance

The Ministry of Budget, Public Accounts and Public Portfolio organized, on October 15, at the International Conference Center of Kintélé, the first day of the budget controller. It aims to...
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Tradex extends ambition to the DRC

Cameroonian hydrocarbon giant Tradex is preparing to invest in the Congolese market. This expansion is part of an ambitious development strategy that has already borne fruit in several countries in...
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GECAM, Ministry of SME partner to boost Enterprises

Discussions between the Ministry of SMEs and the Cameroon Business Association (GECAM) resulted in the development of a joint roadmap for the two institutions, for the period 2024-2026, with a...
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African Aviation experts boost skills in Congo

The Airports Council International Africa (ACI-Africa) company opened, on October 14, in Brazzaville, with the support of Aérco (Aéroports du Congo), a special training course for African technicians in the...
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CCA Bank Prepares for Bonanjo headquarters inaugural

On October 19, 2024, CCA Bank will celebrate the inauguration of its impressive new head office located at Rue Joss in Bonanjo, Douala. This state-of-the-art 15-story building represents a significant...
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Average cost of Congolese crude set at 78 Dollars

On October 11, the players in the national oil market agreed on the price of a barrel of crude oil at 78.59 dollars, representing an average quarterly differential of -0.34...
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UEAC adopts 82 Billion FCFA for 2025

The Council of Ministers of the Union of Central African States (UEAC) held its 42nd ordinary session in Bangui, Central African Republic, on 11 October 2024. The bulk of this...
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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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