Cooperation between the two countries has strengthened in recent years, thanks to the notable commitment of Russian companies in the oil and gas sector in Congo. After a meeting with the Minister of Hydrocarbons, Bruno Jean Richard Itoua, on October 22 in Brazzaville, the Russian ambassador, Illias Iskandarov, spoke of the need to implement ongoing...
5 Billion CFA frs is the amount that will help students realise their school projects at the ICT University in the days ahead. This announcement was made public by Professor Victor Mbarika, Founder and President of board of trustees of the ICT University, at the 14th edition the of matriculation ceremony baptised as George Mbarika...
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...
