Cameroonian telecommunications operator, Camtel, posted a record net profit of 11.1 billion FCFA in 2023, marking a turning point in its history with a dividend payment to the State, despite persistent operational challenges. Cameroon Telecommunications (Camtel) achieved an unprecedented performance in 2023, posting a net profit of 11.1 billion FCFA, an increase of 23% compared...
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, from Egypt to Nigeria to South Africa, we must look to the people it impacts. Too often our businesses have not created value on our...
Africa’s Global Bank, United Bank for Africa (UBA) has appointed Fonda Fred Fonda as Chief Finance Officer (CFO) for Africa, where he will oversee the bank’s subsidiaries in Central, West, East, and Southern Africa. Before his appointment, he served as CFO for UBA Cameroon. Fonda is a Chartered Certified Accountant (ACCA) by profession with several years...
The Agency for the Safety of Air Navigation in Africa and Madagascar ( ASECNA ) has a new Director General. Among 6 candidates (Benin, Chad, Burkina Faso, Ivory Coast, Comoros), it was that of Gabonese Prosper Zo’o Minto’o, who was unanimous. He was elected at the end of the 74th Extra-Ordinary session of the Agency’s Committee of Ministers held on...
Since 2013, AFSIC – Investing in Africa has been the premier event for networking, discussions, and executing investment deals in Africa. Over the past eleven years, it has consistently delivered growth and success for African companies seeking funding and global expansion. AFSIC continues to drive investment into Africa, fostering a strong, sustainable, and innovative future....
His Excellency Carlos Vila Nova; President of São Tomé and Principe; His Excellency Julius Maada Bio President of Sierra Leone; Brice Oligui Nguema President of Gabon; His Excellency; His Excellency Nana Akufo-Addo, President of Ghana; and the Queen Maxima of the Netherlands and others have commemorated the 40th anniversary of the United Bank for Africa...
African philanthropist and business leader, Tony Elumelu, will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York. Elumelu will call for urgent action in a series of engagements, including a roundtable discussion at the Clinton...
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 after the launch of the bank on the Cameroonian market, where it is struggling to establish itself in the face of fierce competition. Change at...
The Baloumgou Development Committee recently organized the second edition of the Academic Excellence Award, a ceremony marked by the distinction of nearly 200 pupils and students. More precisely, 200 young people from Baloumgou, a village located in the Bangou district in the West of Cameroon, are now ready to start the next school year with...
