The African Development Bank’s (AfDB) commitment to supporting Gabon in implementing its national development policy, as well as ongoing projects in the country, was at the heart of discussions on December 6 between President Brice Clotaire Oligui Nguema and the President of the AfDB Group, Sidi Ould Tah. “The African Development Bank is fully committed...
This financing signed in Yaoundé, between the Ministry of Small and Medium Enterprises and the Cameroonian Bank for SMEs (BC-PME), intended to strengthen agricultural, pastoral and fishery production, marks a key step in the national strategy of import-substitution and modernization of local sectors. The Minister Achille Bassilekin III and the Deputy Director General of BC-PME,...
The Cameroon Telecommunications (Camtel) and Ethio Telecom, the Ethiopian state-owned telecommunications operator, signed a strategic partnership agreement aimed at transforming the telecommunications sector in Cameroon by leveraging Ethio Telecom’s success. This agreement, which combines ambition and expertise, addresses the country’s digital challenges. This is a major turning point for the telecommunications sector in Cameroon. Judith...
The competition, launched in July of each year for the benefit of students of all specialties and other project leaders, invited to develop innovative technological solutions to meet major societal challenges in order to build a more sustainable and inclusive world, which took place this year under the theme “Startup4Good: Sustainable solutions, driven by the...
We are pleased to announce the successful transfer of Standard Chartered’s operations to Access Bank Cameroon. This divestiture is part of Standard Chartered’s global strategy to improve operational efficiency, reduce complexity, and foster growth at scale. In April 2022, Standard Chartered made the strategic decision to withdraw from several markets, including Cameroon. The migration completed...
The inauguration in Douala of the new headquarters of the CEMAC National Pink Card Office, financed at a cost of 2.7 billion CFA francs, signals a strengthening of integration in Central Africa. The building structures cross-border clearing mechanisms and reinforces the tools of sovereignty and financial stability within the Central African Economic and Monetary Community...
Financial mobilization and economic partnership initiatives have been multiplying in the Central African Republic for several months. Following the Casablanca International Roundtable, which secured financial commitments for the 2024-2028 National Development Plan, the country is seeking to translate these promises into tangible achievements. The Investment and Partnerships Forum, recently held in Bangui, is part of...
The governor of the Bank of Central African States (BEAC), Yvon Sana Bangui, was elected president of the African Central Banks Association (ACBA) on November 28 in Yaoundé, Cameroon. He succeeds the governor of the central bank of Mauritius, Priscilla Muthoora Thakoor. The Governor of the BEAC was appointed head of the ABCA, which brings...
The Board of Directors of the African Development Bank approved, on December 1st in Abidjan, a €25 million facility intended to expand CCA-Bank’s capacity to finance Cameroonian small and medium-sized enterprises. The African Development Bank Group announced on December 2, 2025, the approval of a €25 million trade finance facility – approximately 16.3 billion CFA...
Bonjour ! Je suis l'assistant virtuel de CEMAC-ECO Finance. Je suis là pour vous aider avec des informations sur les finances, l'économie et les actualités de la région CEMAC. N'hésitez pas à me poser vos questions !