On 19 October 2024, Ecobank Cameroon celebrated “Ecobank Day” under the theme “Transforming Africa through Education: Boosting Learning with AI”. The day was marked by a panel discussion bringing together experts, government officials and students, highlighting the potential of artificial intelligence in education. In her opening remarks, Gwendoline Abunaw, Managing Director of Ecobank Cameroon, highlighted...

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...

On October 19, 2024, CCA Bank inaugurated its new headquarters in Douala in the presence of influential personalities such as Louis Paul Motaze, Minister of Finance, and Samuel Eto’o Fils, President of the Cameroon Football Federation. This event marks a key milestone for this financial institution that has become a major player in Cameroon, with...

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...

Cameroonian hydrocarbon giant Tradex is preparing to invest in the Congolese market. This expansion is part of an ambitious development strategy that has already borne fruit in several countries in the region. After conquering Cameroon, the Central African Republic, Chad and Equatorial Guinea, Tradex is preparing to establish itself in the Democratic Republic of Congo....

The United Bank for Africa, UBA, is in the process of recapitalization which gives investors across the globe and Cameroon in particular where it has a strong hold chance to reap big. The Bank is said to have already  tabled  its application for the recapitalization process at the  Security and Exchange Commission, SEC. The approval...

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...

Africa Golden Bank (AGB), the 19th Commercial bank on the Cameroonian market, is displaying its ambitions. Three months after launching its activities, the institution is committed to offering services adapted to the varied needs of its customers. With this in mind, it has signed a partnership with the Groupement Interbancaire Monétique de l’Afrique Centrale ( GIMAC )....

Arise IIP, a subsidiary of the pan-African group Arise, will develop an industrial and logistics activity zone on the banks of the Dibamba River with an area of ​​approximately 122 hectares. It is within the framework of the implementation of this project that the Director General of the Douala Ports Authority (PAD), Cyrius Ngo’o, and Kumar Mohan,...