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Finance

CAR unveils Treasury Security Offer to investors in Douala

Hervé Ndoba, Central African Minister of Finance and Budget, during a roadshow in Douala was in front of investors in order to raise the said amount to cover the current...
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COBAC hails Douala Port Performance

With a capital of 30,576 billion CFA francs, this port company 100% owned by the State of Cameroon was classified as a high-class company of national importance on December 19,...
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 Cameroon will invest nearly 500 million CFA francs to produce 30,000 copies of the General Tax Code

In a national call for tenders marked “under emergency procedure”, the State of Cameroon via the Ministry of Finance is seeking structures for the production of the general tax code...
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Increase in Interest rates observed in Cameroon

Between the 1st and 2nd quarter of 2023, the interest rate granted to individuals increased in Cameroon as highlighted in the report on lending rates practiced by Cemac countries. According...
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Gabon and China reach Agreement to reduce cost of Butane Gaz

The public company Gab’Oil, specializing in the marketing and distribution of petroleum products, recently signed a partnership agreement in China with the company Shanghai Eternal Faith Industry Company Ltd (Sefic)...
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ECCAS Member states support Candidacy of Abbas Mahamat Tolli for the African Development Bank Presidency

After a notable stint within the Bank of Central African States, the former governor is now seeking the position of president of the African Development Bank as illustrated by the...
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BDEAC Sponsors Construction of Digital University Innovation and Incubation Centre

In his address to the youth on February 11, the Head of State once again urged Cameroonians towards self-employment.  It is then essential to provide the technical framework necessary to...
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Navigating Fiscal Challenges: Nigeria’s Finance Minister Courts Wall Street Confidence

In a high-stakes presentation at Manhattan’s prestigious Pierre hotel, Adebayo Olawale Edun, Nigeria’s finance minister, sought to allay concerns among Wall Street financiers. Against a backdrop of elegant croissants and...
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AFSIC London 2023: Unleashing Investment Synergy in Africa

In a dynamic convergence of entrepreneurs, investors, and business leaders, the tenth edition of the AFSIC – Investing in Africa conference held at the Park Plaza Westminster Bridge Hotel in...
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Unlocking Investment Horizons: A Glimpse into AFSIC London 2023

In the vibrant heart of London, the tenth annual AFSIC event unfolded its transformative narrative in early October 2023, placing a spotlight on dedicated investments. AFSIC, the zenith for asset...
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AFSIC London 2023: Charting the Future of African Finance

The recently concluded AFSIC London 2023, a flagship investment event spotlighting Africa’s financial services sector, emerged as a triumph, creating a vibrant arena for networking, collaboration, and exploration of unprecedented...
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Cameroon, the Miniature Africa, Sustains Its Position as the Economic Leader of Central Africa Subregion

Cameroon, often referred to as the Miniature Africa due to its cultural, geographical, and economic diversity, once again reaffirms its position as the foremost economic powerhouse in the CEMAC (Economic...
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Commercial Bank-Cameroun (CBC) Boosts Capital by 7.5 billion FCFA: A Step Towards Restructuring

In a recent announcement on July 19, Commercial Bank-Cameroun (CBC) revealed a capital increase from 16.5 billion to 24 billion FCFA, marking a significant rise of 7.5 billion FCFA (+45.45%)....
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Wealth of African Billionaires Slightly Declines, Highlighting Economic Inequalities

Aliko Dangote Leads Forbes’ Ranking for the 12th Consecutive Year, with Nigerian and South African Entrepreneurs Dominating the List The total wealth of African billionaires has experienced a slight decline...
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