On May 5, 2025, Henri-Claude Oyima, a leading figure in Central African finance and Chairman of the Board of Directors of BGFIBank Cameroon, was appointed Minister of State for the Economy, Finance, Debt, Equity Investments, and the Fight Against the High Cost of Living in Gabon. This strategic appointment illustrates the new regime’s commitment to...
The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese Merit – on the Group Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu. The distinguished award...
As part of its 2023-2030 Five-Year Priority Investment Plan, the public company issued a call for international expressions of interest on April 30, 2025. The objective is to prequalify companies for the construction of ultrafiltration and bottling lines for water produced by Camwater in Cameroon’s 10 regions. Over the past three years, Camwater, under the...
Gozem, a groundbreaking super app, is reshaping the digital landscape in Francophone Africa. Combining ride-hailing, e-commerce, vehicle financing, and digital banking under one platform, the company has positioned itself as an essential part of daily life for its users. With its innovative approach to embedded finance, Gozem is empowering communities by addressing real-world challenges through...
Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to its Advisory Council on Entrepreneurship and Growth, convened by IMF Managing Director, Kristalina Georgieva. Elumelu, Africa’s leading advocate of entrepreneurship and whose Foundation has funded, mentored and trained over 25,000 African entrepreneurs since 2015, champions entrepreneurship as...
The Tony Elumelu Foundation (TEF) has unveiled a $15 million grant aimed at empowering 3,000 young entrepreneurs across 52 African countries as part of its 2025 entrepreneurship programme. The announcement was made in Abuja on Saturday, March 22, by the Foundation’s founder, Mr. Tony Elumelu, who is also the Chairman of Heirs Holdings, Transcorp, and...
AFSIC – Investing in Africa allows companies raising capital the opportunity to connect with a variety of different investors including the top DFIs and private equity funds. While opportunities to network, pitch and be profiled on site are unmatched, African Investments works alongside AFSIC year-round to provide companies raising capital the support they need to...
The Tony Elumelu Foundation (TEF) will announce the 2025 Cohort of its flagship TEF Entrepreneurship Programme on Saturday, March 22, at 10 AM. Since its launch, TEF has provided over $100 million in direct funding to African entrepreneurs, creating 1.5 million jobs and generating $4.2 billion in revenue. More than two million Africans have been...
The Africa Global Logistics (AGL) group announced on March 10 that its subsidiary Congo Terminal had signed a financing agreement of 150,880,000,000 CFA francs (230,000,000 euros) for the expansion of the container terminal at the Autonomous Port of Pointe-Noire (PAPN). The signing of the agreement was made possible thanks to a banking round led by...
