The Cameroon Telecommunications (Camtel) and Ethio Telecom, the Ethiopian state-owned telecommunications operator, signed a strategic partnership agreement aimed at transforming the telecommunications sector in Cameroon by leveraging Ethio Telecom’s success. This agreement, which combines ambition and expertise, addresses the country’s digital challenges. This is a major turning point for the telecommunications sector in Cameroon. Judith...
The governor of the Bank of Central African States (BEAC), Yvon Sana Bangui, was elected president of the African Central Banks Association (ACBA) on November 28 in Yaoundé, Cameroon. He succeeds the governor of the central bank of Mauritius, Priscilla Muthoora Thakoor. The Governor of the BEAC was appointed head of the ABCA, which brings...
On November 14, 2025, in Libreville, the BGFI Bank Group reached a decisive milestone with the initial public offering (IPO) of its parent company, BGFI Holding Corporation SA. By opening its capital to the public for the first time, the banking giant aims to finance its growth and stimulate the sub-regional financial market. The operation...
Founder of the Tony Elumelu Foundation and chairman of UBA Group Tony O. Elumelu CFR, a leading advocate for Africapitalism and transformative private sector leadership, will undertake a high impact working tour across East, Central, and Southern Africa this week. The multi-country visit underscores his unwavering commitment to fostering economic resilience, empowering entrepreneurs, and unlocking...
African Export-Import Bank (Afreximbank) on Saturday in Cairo, Egypt, swore in George Elombi as the bank’s fourth President and Chairman of the Board of Directors, taking over from Benedict Oramah as head of the African multilateral trade finance institution. Formalised with an oath administered by Mr. Wale Edun, Chairman of the Annual General Meeting of...
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, and transformed the company’s landscape. September 30, 2025, marked the third anniversary of Dr. Blaise Moussa taking over as CEO of Cameroon Water Utilities (Camwater)....
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. Chartered accountant and in-house executive, Maixent Raoul Ominga, Director General of SNPC since February 28, 2018, has just been reappointed to this position by the...
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 sustainable growth and economic transformation on the continent with the official launch of its groundbreaking white paper, “Banking on Africa’s Future: Unlocking Capital and Partnerships...
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 and Cultural Organization. This historic choice, in more ways than one, ushers in a new era for the institution. A Landslide Victory for a Man...
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