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NEWS

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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Khaled El-Enany: A New Face for UNESCO

A new wind is blowing through UNESCO. Egyptologist and former Egyptian minister, Khaled El-Enany, was designated on Monday, October 6th, to take the helm of the United Nations Educational, Scientific...
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Africa Day 2025: The Architects of Africa’s Economy to Convene at Sciences Po

On October 4, 2025, the excellence and economic future of the African continent will take center stage at Africa Day, a prestigious event hosted at Sciences Po in Paris. More...
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Sarkozy Sentenced to Five Years in Prison in Libyan Funding Case, a Political Earthquake

The former French president was found guilty of “criminal conspiracy” in the financing of his 2007 campaign. However, the court acquitted him of corruption and issued a deferred committal warrant...
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Tshisekedi at the UN: DRC Calls for “International Recognition of the Genocide” Amid “Genocost” Plea

New York – In a powerful address to the United Nations General Assembly, Democratic Republic of Congo President Félix Tshisekedi made a solemn and urgent appeal: the international recognition of...
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Canal+–MultiChoice: A New African Giant Challenging National Broadcasters and Global Streamers

Paris, September 22, 2025 (Cemac-eco.finance) — After nearly two years of negotiations, Canal+ has finalized its acquisition of MultiChoice, Africa’s largest pay-TV and streaming operator. The €2.5 billion deal creates...
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DRC Eases Foreign Labor Quotas to Boost Economic Growth

Kinshasa, September 21, 2025 (Cemac-eco.Finance) – The Democratic Republic of Congo has eased restrictions on foreign labor, raising ceilings for expatriate workers across key industries. The reform, signed on August...
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Big Data & AI Paris 2025: Cédric Villani to Headline, Strategic Support for SMEs Announced

The 14th edition of the Big Data & AI Paris conference, scheduled for October 1-2, 2025, at Paris Expo Porte de Versailles, is shaping up to be a major event...
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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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Casablanca 2025: $9 Billion in Pledges for the Central African Republic — A Confidence Test and an Accelerator for the 2024–2028 NDP

Casablanca (14–15 September). The Central African Republic (CAR) closed its investment roundtable with a milestone announcement: $9 billion in financing pledges—nearly CFAF 5 trillion—to support the National Development Plan (NDP) 2024–2028. Beyond the headline figure,...
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Ethiopia Unveils the Grand Renaissance Dam: A Defining Moment for Africa’s Economic Future

On September 9, 2025, Ethiopia entered a new era. After fourteen years of determination and $5 billion in investment, Addis Ababa officially inaugurated the Grand Ethiopian Renaissance Dam (GERD) in the Benishangul-Gumuz...
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