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Finance

Local Councils in Gabon benefit from Decentralization

Meeting on October 23, 2025, the Council of Ministers adopted a major draft decree transferring powers and resources from the State to local authorities. This decision aims to concretize local...
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ENEO embarks on Metre inspection campaign in Douala

The current operation concerns all households, businesses and small industries connected to Eneo’s low-voltage network, i.e. more than 600,000 of the company’s customers. From October 16 to December 31, 2025,...
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Cameroon – IMF : Finance Minister calls for a new partnership better aligned with national priorities

The participation of Finance Minister Louis Paul Motaze and Economy Minister Alamine Ousmane Mey in the IMF Annual Meetings in Washington, D.C., from October 13 to 18, 2025, confirmed Cameroon’s...
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UBA Reaffirms Commitment to Youth Empowerment: 73 Cameroonians Join Its Workforce Through the GMAP Program

The United Bank for Africa (UBA) has reaffirmed its commitment to developing the next generation of African leaders through its prestigious Graduate Management Accelerated Program (GMAP), an intensive six-month initiative...
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IMF warns against Excessive Tax Exceptions in Gabon

According to the October 2025 Regional Economic Outlook report, Gabon loses between 1.2% and 1.5% of its GDP through VAT exemptions, primarily in the oil, mining, and forestry sectors. The...
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CEMAC Banks to receive 750 Billion FCFA from BEAC this week

Faced with a growing demand for liquidity and the pressure on financing systems in the sub-region, the Bank of Central African States (BEAC) recently made an exceptional injection of 750...
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Government plans to open Electricity Transportation to private sector

The National Electricity Transmission Company (Sonatrel), responsible for electricity transmission in Cameroon, is showing signs of weakness. To address this situation, the government plans to open this strategic sector to...
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CAMWATER on the path to recovery under Blaise Moussa

For three years, the new CEO has been working to turn around a struggling company. Through bold reforms and proactive management, he has gradually restored confidence, improved drinking water supplies,...
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Maixent Raoul Ominga reappointed as head of Congo’s SNPC

On October 16, President Denis Sassou N’Guesso issued a decree appointing Maixent Raoul Ominga as Director General of the Société Nationale des Pétroles du Congo (SNPC) for a five-year term....
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Driving Africa’s Growth: UBA Launches Visionary White Paper on the Continent’s Next Frontier

UBA Leads African Economic Dialogue with New White Paper at IMF Meetings Africa’s leading global bank, United Bank for Africa (UBA) Plc, has once again demonstrated its commitment to driving...
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From Paris to Pan-African Builder: The Journey of Hassanein Hiridjee, the Voice Calling the Diaspora Home

Paris, October 5, 2025 – The 2025 edition of Africa Day will be remembered not only for its success but for the powerful convergence of the venue, the mission, and...
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BEAC Launches Regional Banking Institute to Strengthen Financial Expertise in Central Africa

The Bank of Central African States (BEAC) has announced the creation of a regional banking institute aimed at boosting training and expertise for financial professionals across the CEMAC region. This...
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DRC — Rawbank joins COPA-TRANSFORME to accelerate MSME growth, with a strong focus on women-led businesses

Kinshasa. Rawbank, the leading bank in the Democratic Republic of Congo, has formalized its partnership with the Congolese Government under COPA-TRANSFORME, a program co-financed by the International Development Association (IDA). The initiative...
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United Bank for Africa Hosts Global Leaders at UNGA 2025, Launches Whitepaper on Unlocking Africa’s Potential.

Africa’s Global Bank, United Bank for Africa (UBA) Plc is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, and investors...
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