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Finance

African Development Bank poised to raise $25 Million

Deprived of a joint financial windfall estimated at $555 million, the final blow from American leader Donald Trump, despite the consequences, should push the African Development Fund (ADF ), the concessional arm...
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Cameroon and IMF review Cooperation

As part of the 8th review of the IMF-supported Economic and Financial Program, an assessment mission is underway in Cameroon. The objective is to assess the country’s economic performance and...
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Congo eyeing over 894 Billion FCFA from Taxation

The General Directorate of Taxes and Estates launched, on May 6, at the Brazzaville Convention Center, a campaign to popularize the 2025 finance law in order to meet the government’s...
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Henri Claude Oyima at the heart of Gabon’s Economic Resurgence

On May 5, 2025, Henri-Claude Oyima, a leading figure in Central African finance and Chairman of the Board of Directors of BGFIBank Cameroon, was appointed Minister of State for the...
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Gabonese President Honours Tony Elumelu for Championing African Development.

The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese...
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CAMTEL announces plans to create bottling line

As part of its 2023-2030 Five-Year Priority Investment Plan, the public company issued a call for international expressions of interest on April 30, 2025. The objective is to prequalify companies...
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Nearly 800 Billion FCFA to revive Cassava and Sugar cane production in the Central African Republic

 A historic investment agreement in the agro-industrial sector was signed in Bangui on April 15, 2025. Estimated at $1.2 billion, this project, led by the Indian group Mahasakthi, will process...
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African countries seek measures to boost Cotton sector

Gathered in Douala for the 17th meeting of the PR-PICA, cotton industry stakeholders from eight African countries discussed the threats facing cotton growing on the continent. Together, they identified ways...
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16.4 billion FCFA invested in socio-economic infrastructure around the Cross River bridge

An ambitious socioeconomic development project is underway in Cameroon’s Southwest region, with the construction of essential infrastructure designed to improve the living conditions of the communities living along the Cross...
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Congo Investment Commission approves Nine Companies

The National Investment Commission (CNI) held its first annual ordinary session on April 12 in Brazzaville. After reviewing the applications submitted for approval, it granted final approvals to nine companies,...
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PAGFI 3 – A Budgeted Annual Work Plan to improve financial governance

Endorsed by the Steering Committee at its second session, chaired by Louis Paul Motaze, Cameroon’s Minister of Finance. The plan, approved on April 11, 2025, in Yaoundé, should enable Cameroon...
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Cocoa and Coffee Festival closes with renewed hope to Boost Sector

The 10th edition of the Cacao & Coffee Festival closed in style on Saturday, April 12, 2025, at the Yaoundé City Hall esplanade. Chaired by the Minister of Trade, Luc...
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Promotion of ”Made in Cameroon” key to AfCFTA Implementation

At the National Workshop on Import Substitution, the Ministry of SMEs and the Cameroon National Shippers’ Council (CNCC) reaffirmed their commitment to promoting “Made in Cameroon.” For two days, nearly...
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Personal Income Tax fetches 15 billion FCFA for Cameroon in 2024

Despite a high rate of adoption of the digital platform for filing personal income tax (IRPP), tax revenue remains below forecasts. Finance Minister Louis Paul Motaze presented a mixed initial...
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