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FINANCE

The International Finance Corporation (IFC) concluded a loan agreement of 14.5 billion CFA francs with Bank Of Africa (BOA) on November 11 in Brazzaville, intended to finance the activities of Congolese small and medium-sized enterprises. Valued at 14.5 billion CFA francs, this loan from the IFC to BOA-Congo is the first such financing granted to...
Organized jointly by the Gabonese National Investment Promotion Agency (ANPI-Gabon), the Embassy of Côte d’Ivoire in Gabon, and the Investment Promotion Center of Côte d’Ivoire (CEPICI), the Côte d’Ivoire-Gabon Business Forum (FACIGA) will be held on November 18 and 19 in Libreville. This forum, which aims to strengthen economic cooperation between the two countries, is...
Founder of the Tony Elumelu Foundation and chairman of UBA Group Tony O. Elumelu CFR,  a leading advocate for Africapitalism and transformative private sector leadership, will undertake a high impact working tour across East, Central, and Southern Africa this week. The multi-country visit underscores his unwavering commitment to fostering economic resilience, empowering entrepreneurs, and unlocking...
In a letter dated November 3, 2025, addressed to members of the Group of Cameroonian Enterprises (Gecam), Célestin Tawamba President of this organization, sought to assess the economic impact of the post-election consequences. The data collected will provide business leaders with arguments for advocacy or support actions that may be necessary with partner institutions. There...
Ministers from member countries of the African Petroleum Producers’ Organization (APPO), meeting in Brazzaville on November 4, set the course for the coming months. Discussions were dominated by the decision to accelerate the launch of the African Energy Bank (AEB) and the renewal of the organization’s governing bodies, which are tasked with leading reforms of...
In Belém, Brazil, where he is taking part alongside other international leaders at COP30, the Congolese head of state lamented “the near powerlessness of the entire world in the face of climate change” . Denis Sassou N’Guesso supported his observation by recalling that for more than three decades, the same concerns have been repeatedly raised while the...
Faced with a post-election crisis marked by security disruptions, violence, and the closure of travel agencies, the Cameroonian road transport sector has been severely impacted. Slowdowns in trade, price increases, and a decline in the distribution of goods have hampered economic growth. The Cameroonian government is implementing emergency measures to overcome this stagnation and revive...
The Minister of Trade, Luc Magloire Mbarga Atangana, issued a statement on October 30, 2025, addressed to the owners and managers of supermarkets and hypermarkets. This statement comes in response to consumer complaints denouncing excessive price increases in several stores, amidst post-election tensions. “You have allegedly taken advantage of the post-election context to carry out...
The Gabonese oil sector has been booming in recent weeks. Following the signing of the memorandum of understanding with British Petroleum, but also with the company Pilgrim Exploration Limited, the Gabonese State signed, on October 30, a new Production Sharing and Exploration Contract (PSEC) “Konzi – Ayol n° G5-146” with the Gabon Oil Company (GOC). ...
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