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Cameroon stops Artisanal Gold mining over Theft

Cameroon, rich in gold deposits, is experiencing a scandal worthy of the greatest national tragedies. Following the Glencore affair, tons of gold vanish each year, shipped abroad while the state remains paralyzed. The figures are staggering: 22.3 kg officially declared by Customs versus 15.2 tons imported by the United Arab Emirates. That’s more than 680...

Congo’s CAMEPS maps out plan for 2026

The 2026 budget of the Central Purchasing Agency for Essential Medicines and Health Products (Cameps) was adopted on December 21 in Brazzaville by the board of directors meeting under the leadership of its president, Professor Ange Antoine Abéna. The Cameps budget for the 2026 fiscal year has been adopted, with both expenditures and revenues totaling...

Douala Port adopts 244 Billiob FCFA to strengthen Competivity in 2026

Meeting in Douala on December 22 and 23, 2025, the administrators of the Autonomous Port of Douala (PAD) adopted an ambitious budget for the 2026 financial year. Valued at nearly 244 billion FCFA, this financial package reflects the port company’s desire to consolidate its performance, modernize its infrastructure and support the growth of maritime trade in...

Heirs Energy secures $750 million from Afreximbank to boost its oil production

This financing, estimated at over 400 billion CFA francs, obtained by Heirs Energy from Afreximbank, aims to optimize its capital structure and support its ambitious development program. This partnership seeks to transform Nigeria’s energy capacity at a time when demand continues to rise. On December 22, 2025, in Abuja, a significant announcement captured the attention...

Ministry of Finance outlines mechanisms for Interest free Islamic Finance funding

On December 22, 2025, in Yaoundé, the Cameroonian Ministry of Finance launched a national campaign to promote Islamic finance, in a context marked by the search for alternative mechanisms to finance the economy. The ceremony was held under the theme “Islamic Finance: Reforms, Regulation, Challenges and Prospects”. “It is an ethical, inclusive and complementary financing...

CDC gets 51 Billion FCFA to modernize its Processing Units

This funding of 78.8 million euros, or 51.8 billion FCFA, announced by the Cameroonian government, aims to transform the industrial units of the Cameroon Development Corporation (CDC), a key agro-industrial company specializing in the cultivation of rubber, oil palm and banana. On December 19, 2025, a major milestone was reached for the Cameroon Development Corporation...