During a ceremony held on January 8, 2025 in Douala, 72 BGFIBank Cameroon employees were decorated by the Minister of Labor and Social Security, Grégoire Owona. These distinctions, symbols of recognition for their contribution to the excellence of the company, are part of a now well-established tradition. The hall was full on January 8, 2025...

In January 2025, the General Directorate of Customs (DGD) aims to mobilize 95 billion FCFA, or 8.31% of its annual target of 1,144 billion FCFA. The strategic sectors of Douala and Kribi remain the main drivers of customs revenue collection, while crisis areas remain behind. The General Directorate of Customs (DGD) is forecasting a collection...

Since January 1, 2025, mobile money users in Cameroon have been experiencing a new increase in costs on money transfer and withdrawal operations. The 2025 Finance Law introduces an additional tax of 4 FCFA per transaction, confirming the State’s desire to maximize revenues from this booming sector. Since the beginning of 2025, transferring or withdrawing...

Modernizing and strengthening infrastructure, gradually resolving network access problems and improving the quality of services, this is the direction that will be given to the budget of 326.2 billion CFA francs adopted for the 2025 financial year (317.6 billion allocated for the year 2024). Conclusions from the work of the board of directors held on...

The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, is pleased to announce that applications for its 2025 Entrepreneurship Programmes are now open. Aspiring and existing entrepreneurs from across Africa are invited to apply for a chance to receive world-class training, expert mentoring, and non-refundable seed capital funding to scale their businesses. Programmes Open...

Appointed by the Council of Ministers on December 18, 2024, the new Director General of the Autonomous Port of Brazzaville and Secondary Ports, Séraphin Mouendzi, and his deputy Lionel Daniel Konabeka took office on January 3. Aware of the heavy task that awaits them, they promise to take up the challenges. An accountant by training,...

Gabon will host the first-ever Global Gateway Investment Forum on January 30, 2025. This event, organized under the auspices of the European Union (EU), aims to promote transformative investments that can stimulate sustainable development in the country and within the sub-region. Economic actors from the public and private sectors, donors, development financial institutions (DFIs), banks...

The Ministry of Economy’s Sectoral Outlook Note, devoted to the months of July, August and September, analyzes the performance of the cash crop agriculture sector. In this part of the Gabonese economy, palm plantations have weighed down this segment. As for wet rubber production, it improved by 18.5% in the third quarter of 2024. The...

Louis Paul Motaze, Minister of Finance , is the new Chairman of the Board of Directors of the Development Bank of Central African States ( BDEAC), at the same time Chairman of the General Assembly of the said institution. He replaces in this position, the Chadian Tahir Hamid Ngulin, Minister of State, Minister of Finance, Budget, Economy...