Faced with renewed interest from commercial banks in refinancing operations, the Bank of Central African States (BEAC) increased its liquidity offer to 220 billion FCFA on December 17, 2024. This increase of 60 billion compared to the two previous operations aims to meet the growing needs of credit institutions, stimulated by the end-of-year holiday period....

In an increasingly interconnected global economy, collaboration among business organizations is essential for fostering growth and innovation. Today marks a significant milestone as the American Chamber of Commerce, the European Chamber of Commerce, and the UK Cameroon Chamber of Commerce come together to sign a Memorandum of Understanding (MOU). This Memorandum of Understanding bringing together...

The Congolese Minister of Industrial Development and Private Sector Promotion, Antoine Thomas Nicéphore Fylla Saint Eudes, was elected current President of the Board of Directors of the African Intellectual Property Organization (OAPI), with the key to organizing the 65th ordinary session in December 2025 in Brazaville The Republic of Congo will be replaced in the exercise...

The subject of several criticisms from some business leaders, the management of public procurement in Gabon remains to be perfected. In the National Assembly, for greater efficiency and transparency in this area, the Commission in charge of Economic Affairs is making several recommendations to the transitional government to be implemented as of next year. Le...

During his visit to Cameroon, Ralph Mupita, Chairman and CEO of MTN Group, unveiled a $100 million investment plan for 2025. This envelope is part of a broader strategy of $300 million over three years (2026-2028). The objective is to strengthen network infrastructure, improve the quality of services and develop innovative digital solutions for a...

Nigeria’s Dangote Refinery and Cameroon’s Neptune Oil mark a historic milestone in their economic cooperation. The first export of refined petroleum products illustrates their vision of a more energy-independent and integrated Africa, while meeting the region’s growing needs. In an unprecedented strategic move, Dangote Refinery and Neptune Oil have just concluded their first fuel export...

Thanks to its initiatives in favor of financial inclusion and its expansion strategy, Ecobank Cameroon, led by Gwendoline Abunaw, has been awarded the prestigious “Bank of the Year 2024” award by The Banker magazine. This title recognizes the institution’s efforts to overcome economic and social challenges in Cameroon, notably through projects dedicated to women and...

According to a press release made public on December 5, 2024 by the Director General of the Autonomous Port of Douala, the Paris Court of Appeal has annulled the arbitration awards ordering the Autonomous Port of Douala (PAD) to pay more than 37 billion FCFA to the company Douala International Terminal (DIT). A decision hailed...

Cameroonians have emerged as some of the top beneficiaries of the United Bank for Africa (UBA) Group’s Graduate Management Accelerated Programme (GMAP). This initiative has placed UBA Group at the forefront of providing young graduates with hands-on training across the countries where it operates. Many of the program’s standout participants ultimately secure lucrative positions within...