The distribution and marketing of electricity in the Republic of Congo is now entrusted to the National Electricity Company of Senegal (Senelec), for a period of ten years. A leasing agreement on this subject was signed last week between the two countries. The agreement that entrusts the management of the segment related to the distribution and...
On the occasion of the 59th edition of the Youth Festival, Marguerite Fonkwen Atanga, Managing Director of CCA-Bank, reaffirmed the banking institution’s commitment to youth entrepreneurship. Through the “CCA Starter” program, the bank supports students and young entrepreneurs by providing them with the tools and financing necessary to realize their projects. During the Youth Day...
After its successful roadshow in Brazzaville on February 10, the delegation of the Société nationale des pétroles du Congo (SNPC), led by its general manager, Maixent Raoul Ominga, met with investors in Douala, Cameroon, on February 11 and with those in Libreville, Gabon on the 12th. To this end, the Congolese public oil operator presented...
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, from all 54 African countries , today, signed a USD$6million strategic partnership agreement with the UAE Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation (an affiliate of Erth Zayed) to provide business training, mentorship, access to networks, and non-refundable $5,000...
One year after the provisional acceptance, the Autonomous Port of Douala (PAD) has officially validated the final acceptance of the works of phase 2 of the project to secure the port area of Douala-Bonabéri. Financed to the tune of more than 32 billion FCFA, this strategic project has made it possible to strengthen the security...
The BGFIBank Group held its Executive Convention and several strategic seminars in Douala from January 28 to 31, 2025. The objective: to mobilize teams, strengthen operational efficiency and prepare for the post-2025 period. A key event for the banking leader in the CEMAC zone. Cameroon’s economic capital, Douala, hosted nearly 120 senior executives from the...
On January 28, 2025, Cameroon was conspicuous by its absence at a crucial hearing before the Court of Arbitration of the International Chamber of Commerce (ICC) in Paris. This refusal to appear is part of the dispute between it and the Australian mining company Sundance Resources, which is claiming $5.5 billion after the loss of...
The new Managing Director of MTN Cameroon, Wanda Matandela, is increasing the number of meetings with Cameroonian authorities before his official installation scheduled for March 1, 2025. Objective: a smooth transition and a strengthened commitment to improving services. Since January 27, 2025, Wanda Matandela, appointed last December as head of MTN Cameroon, has been busy meeting...
United Bank for Africa (UBA) Cameroon, in collaboration with Acha Eye Hospital, is taking a proactive approach to eye care and health awareness through a series of free eye screening campaigns. On January 24, 2025, the first of these campaigns was held in Douala, as part of UBA Cameroon’s broader corporate social responsibility (CSR) efforts....