US$5,000 non-refundable seed capital, world-class training, and mentorship for Africa’s boldest founders 24,000+ entrepreneurs funded, 2.5 million trained, 1.5 million jobs created, US$4.2 billion in revenue generated since 2015 Lagos, Nigeria – 1 January 2026 – The Tony Elumelu Foundation (TEF) has opened applications for the 2026 TEF Entrepreneurship Programme, calling ambitious young founders from...

In his address to the nation on December 31, 2025, President Brice Clotaire Oligui Nguema highlighted Gabon’s significant financial efforts to repay its domestic and external debt. This figure amounted to nearly 3,142 billion CFA francs as of August 30, 2023. Addressing the nation on December 31st, the President of the Republic reviewed the actions...

Since 2 January 2026, the Port of Douala-Bonabéri has entered a new phase of security enhancement with the effective start of non-intrusive cargo inspection operations. Entrusted to Transatlantic D. S.A., this strategic reform is intended to strengthen port security, streamline processing times and safeguard customs revenue, against a backdrop of strong expectations from stakeholders across...

Gabon’s energy landscape has recently undergone a major structural transformation, marked by the planned dismantling of existing infrastructure and a massive boost to national production capacity. In Libreville and Port-Gentil, a program launched on November 10th aims to modernize critical sites and optimize national thermal power plants. The program is a collaborative effort between ESFBUS,...

Cameroon, rich in gold deposits, is experiencing a scandal worthy of the greatest national tragedies. Following the Glencore affair, tons of gold vanish each year, shipped abroad while the state remains paralyzed. The figures are staggering: 22.3 kg officially declared by Customs versus 15.2 tons imported by the United Arab Emirates. That’s more than 680...

The 2026 budget of the Central Purchasing Agency for Essential Medicines and Health Products (Cameps) was adopted on December 21 in Brazzaville by the board of directors meeting under the leadership of its president, Professor Ange Antoine Abéna. The Cameps budget for the 2026 fiscal year has been adopted, with both expenditures and revenues totaling...

Meeting in Douala on December 22 and 23, 2025, the administrators of the Autonomous Port of Douala (PAD) adopted an ambitious budget for the 2026 financial year. Valued at nearly 244 billion FCFA, this financial package reflects the port company’s desire to consolidate its performance, modernize its infrastructure and support the growth of maritime trade in...

This financing, estimated at over 400 billion CFA francs, obtained by Heirs Energy from Afreximbank, aims to optimize its capital structure and support its ambitious development program. This partnership seeks to transform Nigeria’s energy capacity at a time when demand continues to rise. On December 22, 2025, in Abuja, a significant announcement captured the attention...

On December 22, 2025, in Yaoundé, the Cameroonian Ministry of Finance launched a national campaign to promote Islamic finance, in a context marked by the search for alternative mechanisms to finance the economy. The ceremony was held under the theme “Islamic Finance: Reforms, Regulation, Challenges and Prospects”. “It is an ethical, inclusive and complementary financing...