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Financial markets

BGFI Bank Cameroon announces entry into the Stock Exchange in 2025

Gabonese banking group BGFIBank plans to open 10% of its capital to investors via the Central African Stock Exchange (BVMAC). This strategic operation, initially planned for 2020, takes place in...
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Gabon embarks on EuroBonds 2025 Purchase

The Minister of Economy and Investments, Mays Mouissi, explained, on November 18, 2024 in Libreville, the ins and outs of the early repurchase operation of the Eurobond 2025. This strategic...
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Equity Compartment of Central African Stock Exchange records 30% increase in 2023

The information contained in the 2023 activity report of the Central African Stock Exchange highlights the essential role played by the Cameroonian Regional Bank. According to the Bvmac activity report,...
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Market Capitalization in the CEMAC zone reaches 13.5%

The Central African Stock Exchange (BVMAC) continues its growth, with a 13.5% increase to 1,633.7 billion FCFA in June 2024 in the market capitalization of all listed securities compared to...
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Tony Elumelu to Co-Chair New Africa Summit at the 8th Edition of Saudi Arabia’s Future Investment Initiative

Tony Elumelu, Chairman of Heirs Holdings and United Bank for Africa (UBA), and the Founder of The Tony Elumelu Foundation (TEF), will co-chair the New African Summit, at the upcoming...
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Why Youth Entrepreneurs Are Key to Tackling Climate Change in Africa – Tony Elumelu

I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to effectively tackle climate change within the African context,...
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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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Cameroon begins negotiation for exploration of Iron Ore in Ngovayang, Ntem, Djoum III

Cameroon has significant mineral resources that are very little exploited. This is the case, for example, of the iron ore deposits of Ngovayang, Ntem and Djoum III in the South region and the...
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BDEAC approves Islamic Financing Window

Three items were on the agenda. In particular, the establishment of an Islamic Window; the implementation of the Real Estate Program and the examination of several information notes. Following a...
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José Miguel Obiang Nchama appointed new General Manager of BANGE Bank Cameroon

The Former Director of internal audit of Bange SA, takes the reins of the Cameroonian subsidiary of the Equatorial Guinean bank. His appointment comes in a difficult context, three years...
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MTN Cameroon generates over 72 Billion FCFA from Fintech and Internet sales in First half of 2024

Over the period from January to June 2024, the sale of internet services from the Cameroonian subsidiary of the South African telephone giant contributed to 40% of total turnover.Based on...
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MTN Cameroon records 181 Billion FCFA in 1st Semester of 2024

Based on the published information, it is discovered that, from January to June 2024, the performance achieved by MTN Cameroon is up by 16% compared to the first half of...
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Congo Telecom Regulator unveils findings of performance of Mobile Networks

The Postal and Electronic Communications Regulatory Agency (ARPCE) unveiled the results of its latest comprehensive survey on the quality of mobile networks in Congo on August 14 in Brazzaville. This...
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African experts to reflect on Resource Management to boost Investments

The African Development Bank (AfDB), through the African Natural Resources Management and Investment Center, is organizing, this August 14, a virtual workshop to validate six diagnostic reports of the multi-country...
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