These are the shortfalls that the Cameroonian state real estate agent has recorded from 1994 to date. “In 30 years we have estimated the loss at around 90 billion that the State is bearing . It must be admitted that in other Nations, the State has completely disengaged but here (in Cameroon), the magnanimity of the Head...
Despite the hegemony of foreign multinationals, the national statistics institute of Cameroon reports that 06 local and Cameroonian companies contribute to 39.5% of the overall turnover of the productive sector amounted to 5,098.1 billion FCFA. Up 12.2% compared to the 2021 financial year, the economic and financial study of companies in 2022”, published on March...
In a recent announcement on July 19, Commercial Bank-Cameroun (CBC) revealed a capital increase from 16.5 billion to 24 billion FCFA, marking a significant rise of 7.5 billion FCFA (+45.45%). This decision was taken by the shareholders during an extraordinary general assembly held in Douala on June 22, 2023. The final statement announcing the capital...
Aliko Dangote Leads Forbes’ Ranking for the 12th Consecutive Year, with Nigerian and South African Entrepreneurs Dominating the List The total wealth of African billionaires has experienced a slight decline compared to the previous year, dropping from $84.9 billion to $81.5 billion. This decrease underscores the persistent economic inequalities on the continent, further exacerbated by...
Folorunsho Alakija’s extraordinary journey is one that is both powerful and deeply inspiring. At the age of 65, she has risen to become the richest black woman in the world, surpassing even Oprah Winfrey. Alakija’s path, originating from Nigeria, is a testament to her remarkable resilience and determination. From a humble secretary, she ventured into...
Aliko Dangote’s remarkable journey from humble beginnings to becoming one of Africa’s most successful entrepreneurs is truly inspiring. Born in Kano, Nigeria, on April 10, 1957, Dangote’s path to billionaire status is a testament to the power of determination and hard work. Growing up in a business-oriented family, Dangote’s early exposure to entrepreneurship fueled his...
The 38th edition of the International Market for Communication Programs (Mipcom) was held from October 17 to 20, 2022 at the Palais des Festivals in Cannes, France. After a year’s break due to the Covid-19 pandemic, this event was an opportunity for over 10,000 professionals from more than 100 countries to get together and exchange...
The advertising industry in French-speaking Africa plays a crucial role in promoting products and services on the growing continent. This article takes an objective look at the competitiveness of French-speaking advertising agencies, comparing them with agencies in other parts of Africa. We analyze the unique strengths, weaknesses and opportunities facing these agencies, as well as...
Paris, France – VivaTech 2022, the renowned global tech conference, shattered all expectations as it captivated an astonishing crowd of 91,000 attendees at the Palais des Expositions de la Porte de Versailles. This cutting-edge event not only attracted a massive physical audience but also drew the attention of 300,000 digital visitors, resulting in over 4.3...
