In preparation for World Press Freedom Day (May 3, 2026), the President of The ICT University, Professor Victor Mbarika, has launched a FCFA 100 million support fund to assist journalists in Cameroon. Many journalists continue to work under very difficult conditions, with limited resources and declining advertising revenue. This initiative aims to provide direct support...

For 30 young entrepreneurs across Cameroon, a new chapter has just begun. The Tony Elumelu Foundation (TEF) has unveiled its 2026 cohort of entrepreneurs, bringing fresh opportunities for business owners across the country to access funding, training, and mentorship.This year’s announcement, made by Nigerian philanthropist Tony Elumelu, introduces 3,200 entrepreneurs selected from over 265,000 applicants...

Over 265,000 applications received – from all 54 African countries Underscoring Africa’s vibrant entrepreneurial sector and the vital role of early-stage funding Agriculture, Artificial Intelligence, Healthcare and Green Economy top sectors from applicants US$16 million to be disbursed throughout 2026, including progammes with global partners The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young...

By Jacques Raymond Tedongap | cemac-eco.finance | Reading Time: 3 min With $100 million deployed and 1.5 million jobs created over a decade, the Tony Elumelu Foundation (TEF) has proven that micro-seed funding can generate macro-economic returns. For the CEMAC region, where traditional banking often ignores early-stage ventures, this 1:42 financial multiplier offers a definitive...

Ethiopis Tafara, Vice President for Africa of IFC, a member of the World Bank Group, will visit Rwanda from March 12-13. His first visit to Rwanda since being named to the role, Mr. Tafara will engage with government and private-sector partners to support the country’s aims to improve living standards and income for its people...

The Managing Director of Ecobank Cameroon, Gwendoline Abunaw, has encouraged women to be confident, resilient and intentional in their leadership journeys. She made the remarks on March 3 during an exchange session in Douala with female journalists who are members of the Cameroon Association of English-Speaking Journalists (Camasej). The meeting formed part of activities marking...

Regularly praised by the Extractive Industries Transparency Initiative (EITI), Cameroon’s national oil company affirmed its commitment to fighting corruption in the hydrocarbons sector during a working session with the civil society organization Transparency International Cameroon. Despite weak engagement from various stakeholders in Cameroon’s hydrocarbon value chain, which led the Extractive Industries Transparency Initiative ( EITI ) to suspend...

The Cameroonian subsidiary of the Gabonese group held its board meeting on February 27, 2026, in Douala. The directors approved a major recapitalization of the institution, increasing its capital from 20 to 50 billion FCFA. This decision comes as the bank’s performance exceeded the targets set for the past fiscal year. The Board of Directors...

Gathered in Douala from January 26 to 29, 2026, the senior management of the BGFIBank Group held their major strategic convention for the third consecutive year, combined with seminars for the Commercial, Commitments, and Quality departments. This key event allowed the leading financial group in the CEMAC zone to define its 2026 roadmap and officially...