The envelope will allow the construction of 250 linear meters of additional quay, the development of 7.9 hectares of open space and a Roll-on/Roll-off (RORO) station, not to mention the extension of Automated Tire Gantry (RTG) tracks by 1,200 linear meters. The Douala Ports Authority and the Douala-Bonabéri Port Exploitation and Construction Company (SCEPDB), a subsidiary...
Congo intends to modernize its public procurement system according to the MAPS II evaluation methodology, considered more efficient than the old mechanism. Executives from the public administration, the private sector and civil society are meeting from January 20 to 24 in Brazzaville to try to take ownership of the new public procurement evaluation tool. Considered...
The Minister of Finance, Louis Paul Motaze, chaired the official launch of the State budget for the 2025 financial year in Buea on January 15, 2025. Under the banner of economic recovery and reconstruction, this ceremony provided an opportunity to present national priorities and projects specific to the South-West region. It was in a warm...
For the third consecutive year, the Autonomous Port of Douala (PAD) has obtained the long-term ratings “A” and short-term “A2” awarded by Bloomfield Investment Corporation. These results confirm the financial strength and international credibility of this strategic institution, despite the challenges of a tense global economic context. On January 16, 2025, the Autonomous Port of...
With 31,643 tonnes of bananas exported in 2024, the Cameroon Development Corporation (CDC) recorded its best performance since resuming its activities in 2020. Despite a difficult economic and social climate, the public company is showing signs of recovery, although still far from its pre-crisis levels. After a period of great difficulties, the Cameroon Development Corporation...
The International Finance Corporation (IFC), a member of the World Bank Group (WB), organized “IFC Day” on January 14 in Brazzaville, an event that brought together private sector players, government officials and development partners. The objective of the meeting was to discuss the challenges and opportunities of priority sectors for the country’s development, in particular...
The Deputy Prime Minister of the Gabonese Transition, Alexandre Barro-Chambrier, met with the Vice-President of the BDEAC, Jean Paterne Megne Ekoga, on January 13, 2025. This meeting made it possible to take stock of 2024 and explore possible synergies to finance Gabon’s development projects. In Libreville, on January 13, 2025, the Deputy Prime Minister of...
The Board of Directors of the Africa Development Bank Group ( AfDB ), approved on December 13, 2024 in Abidjan, Côte d’Ivoire, a loan of 318.24 million Euros (more than 209 billion FCFA) to Cameroon to implement the fourth phase of the Transport Sector Support Program (Past4). This is within the framework of the reconstruction of the Douala-N’Djamena-Ngaoundéré-Garoua...
The Central African Stock Exchange (Bvmac) stock market underperformed in 2024, marked by a 4.9% decline in market capitalization. This situation is mainly linked to the 8.18% decline in the Socapalm share price, coupled with the stagnation or decline of other listed stocks. However, a recovery is expected in 2025 with the entry of new...
