The distribution and marketing of electricity in the Republic of Congo is now entrusted to the National Electricity Company of Senegal (Senelec), for a period of ten years. A leasing agreement on this subject was signed last week between the two countries. The agreement that entrusts the management of the segment related to the distribution and...
On the occasion of the 59th edition of the Youth Festival, Marguerite Fonkwen Atanga, Managing Director of CCA-Bank, reaffirmed the banking institution’s commitment to youth entrepreneurship. Through the “CCA Starter” program, the bank supports students and young entrepreneurs by providing them with the tools and financing necessary to realize their projects. During the Youth Day...
Faced with economic challenges, the Ministry of Economy, Planning and Regional Development (MINEPAT) has defined the main strategic orientations for the year 2025. The annual conference of central and decentralized services, held on February 4, 2025 in Yaoundé, was an opportunity to focus on economic diversification and the optimization of public investments. Under the theme...
Gabon is currently facing a huge energy crisis. Entire cities are experiencing power cuts. Economic operators and the population are depressed by the inconvenience caused. The government, for its part, is trying to reassure and is looking for solutions to resolve this problem in the long term. Hence the working session on February 12, 2025...
The President of the Transition, General Brice Clotaire Oligui Nguema, met with the United States Ambassador to Gabon, Vernelle Trim Fitzpatrick, on February 12, 2025. At the heart of the discussions: American investments in Gabon, the inauguration of the Coca-Cola factory in Owendo and a cybersecurity initiative for the training of 1,000 young Gabonese. On...
After its successful roadshow in Brazzaville on February 10, the delegation of the Société nationale des pétroles du Congo (SNPC), led by its general manager, Maixent Raoul Ominga, met with investors in Douala, Cameroon, on February 11 and with those in Libreville, Gabon on the 12th. To this end, the Congolese public oil operator presented...
Cameroon’s Minister of Trade, Luc Magloire Mbarga Atangana, received in audience, on Thursday, February 13, 2025, a delegation from the Global Youth Leadership for Sustainable Cocoa (GYLSCO) program. This project, which places youth at the heart of the future of African cocoa, will be officially launched next April in Yaoundé, with a first group of...
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, from all 54 African countries , today, signed a USD$6million strategic partnership agreement with the UAE Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation (an affiliate of Erth Zayed) to provide business training, mentorship, access to networks, and non-refundable $5,000...
One year after the provisional acceptance, the Autonomous Port of Douala (PAD) has officially validated the final acceptance of the works of phase 2 of the project to secure the port area of Douala-Bonabéri. Financed to the tune of more than 32 billion FCFA, this strategic project has made it possible to strengthen the security...