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...

A presidential decree signed on January 7, 2024 authorizes the signing of a financing contract with the European Investment Bank (EIB) to supplement the resources needed for the Rural Electrification and Energy Access in Underserved Areas Project (Perace). With this support, the government aims to have 240,000 connections by 2025, reaching more than 2.5 million...

In order to put an end to the shortage of coins which is penalizing commercial transactions in the Central African Economic and Monetary Community (CEMAC) zone, the Bank of Central African States (BEAC) is considering putting into circulation a new range of “type 2024” coins. The announcement was made in a press release issued at...

The Prime Minister of the Transition, Raymond Ndong Sima, spoke this Thursday, January 9 with the Vice President of the Development Bank of Central African States (BDEAC), Jean Paterne Megne Ekoga. The institution’s balance sheet for the year 2024 was presented to the head of government, as well as the outlook for 2025. We thus...