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...

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 the man who headlined it. Opened by Luis Vassy, Director of Sciences Po, and driven by the French-African Foundation, the event found its ideal spokesperson...

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 a combined group with around 40 million subscribers across nearly 70 countries, cementing Canal+ as the continent’s pay-TV leader and reshaping the competitive landscape for...

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 aims to structure and strengthen the ecosystem for micro, small, and medium enterprises (MSMEs) nationwide, with a priority emphasis on women-owned and women-led businesses. From pledges to practical...

The Appeal of Conscience Foundation announced today that His Eminence Timothy Cardinal Dolan, the Archbishop of New York, and Tony Elumelu Chairman of Heirs Holdings, The United Bank for Africa, and Founder of the Tony Elumelu Foundation, will be honored with the Appeal of Conscience Award at the foundation’s Annual Gala, taking place on September...

The Global Energy Alliance for People and Planet (GEAPP) announced on August 4, 2025, the appointment of Carol Koech as its new Vice President for Africa. This move signals a stronger focus on mobilizing investment and accelerating the continent’s transition toward clean and inclusive energy systems. GEAPP, launched in 2021 with the backing of leading philanthropic institutions...

In August 2025, Alain and Cyrille Nkontchou took a bold step forward in their mission to reshape Africa’s banking landscape. Through their pan-African investment fund Enko Capital and the private vehicle Bosquet Investments Ltd, they executed two major deals that are redefining the continent’s financial power dynamics. On August 15, Bosquet Investments Ltd — owned...