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Africa Golden Bank increases capital by 15 billion FCFA

On May 8, 2025, Africa Golden Bank formalized a major decision at an Extraordinary General Meeting: the increase of its share capital from 10 to 25 billion FCFA. This strategic...
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Africa C.E.O Forum: Cameroon open to Investments

Cameroon has arrived in force in Abidjan for the Africa CEO Forum 2025, with a high-level delegation of public officials and business leaders, symbolizing its desire to play a key...
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Kribi Deep Sea Port Welcomes Phase 2 of Container Terminal

 On May 9, 2025, in Mboro, the Minister of Transport officially launched the commercial operation of Phase 2 of the Port of Kribi. This historic moment marks a decisive step...
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European Union and Cameroon Celebrate 60 years of Cooperation

At a workshop in Yaoundé on May 6, 2025, the European Investment Bank (EIB) took stock of its six decades of cooperation with Cameroon. Since 1965, the European institution has...
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Bamenda Gas Filling Station: Promise Made, Promise Kept

Under the leadership of the Minister of Water and Energy, Gaston ÉLOUNDOU ESSOMBA, representing the Prime Minister, the Bamenda Liquefied Petroleum Gas (LPG) Filling Center was inaugurated on May 9,...
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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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