Between 2008 and 2024, the Budgetary and Financial Disciplinary Council (CDBF) handled 137 cases involving 340 public administration officials for mismanagement. The financial loss caused to the State amounts to more than 145 billion CFA francs. Consupe, which oversees the disciplinary body, delivered this assessment in Yaoundé, on the occasion of the launch of the...
At the third and final meeting of the working group initiated by the Governor of the BEAC, the Director General of the Deposit and Consignment Fund of Cameroon (CDEC) reaffirmed the country’s position: a categorical refusal of full supervision of the CDC by community authorities. Yaoundé denounces this as an attempt to force its way...
A historic investment agreement in the agro-industrial sector was signed in Bangui on April 15, 2025. Estimated at $1.2 billion, this project, led by the Indian group Mahasakthi, will process sugarcane and cassava on 30,000 hectares, with strong involvement of local planters and the creation of more than 100,000 direct jobs. The Central African Republic...
Gathered in Douala for the 17th meeting of the PR-PICA, cotton industry stakeholders from eight African countries discussed the threats facing cotton growing on the continent. Together, they identified ways to build a more resilient, sustainable, and competitive sector while supporting producers. From April 8 to 11, Douala hosted the 17th review meeting of the...
An ambitious socioeconomic development project is underway in Cameroon’s Southwest region, with the construction of essential infrastructure designed to improve the living conditions of the communities living along the Cross River Bridge. European Union funding of 16.4 billion CFA francs is intended to support this initiative, which promises a significant transformation in the region. The...
The National Investment Commission (CNI) held its first annual ordinary session on April 12 in Brazzaville. After reviewing the applications submitted for approval, it granted final approvals to nine companies, representing a potential investment of more than 530 billion CFA francs. For its first session in 2025, chaired by the Chief of Staff of the...
Endorsed by the Steering Committee at its second session, chaired by Louis Paul Motaze, Cameroon’s Minister of Finance. The plan, approved on April 11, 2025, in Yaoundé, should enable Cameroon to continue its efforts to strengthen budgetary credibility and the State’s budgetary and accounting information. Proposed by the Project Management Unit (PMU) coordinated by Sophie...
The 10th edition of the Cacao & Coffee Festival closed in style on Saturday, April 12, 2025, at the Yaoundé City Hall esplanade. Chaired by the Minister of Trade, Luc Magloire Mbarga Atangana, the closing ceremony highlighted Cameroon’s challenges and ambitions for better promotion of cocoa and coffee, in the presence of leading national and...
Paige Smith has seamlessly transitioned from saving lives in the ICU to guiding individuals toward financial security. As a seasoned entrepreneur and wealth advisor, her multidimensional expertise in healthcare, business, and finance gives her a unique perspective on financial planning. This year, she will take the stage as a speaker at the 5th Edition of...
