This funding of 78.8 million euros, or 51.8 billion FCFA, announced by the Cameroonian government, aims to transform the industrial units of the Cameroon Development Corporation (CDC), a key agro-industrial company specializing in the cultivation of rubber, oil palm and banana. On December 19, 2025, a major milestone was reached for the Cameroon Development Corporation...
Alvine Mefotie Tiwoda has been appointed Managing Director of CCA-Bank following a Board of Directors meeting held on December 18, 2025. Previously Deputy Managing Director, she succeeds Marguerite Fonkwen Atanga and brings with her 22 years of solid experience in the banking sector. On December 18, 2025, CCA-Bank announced a change at the top of...
The rural drinking water supply project financed by the Republic of Korea was received on December 16, 2025 in Yaoundé, during a joint ceremony with the unveiling of the future e-government training centers in Cameroon, under the chairmanship of the Minister of Economy, Planning and Regional Development, Alamine Ousmane Mey, in the presence of the...
The Prime Minister was speaking Yesterday. This was during an audience he granted the President and founder of the ICT University, Prof Victor Mbarika and the Brazilian delegation. During the audience, PM Dion Ngute was categorical that the partnership will go a long to boost the Agricultural sector and create jobs for many Cameroonians. The...
The CEMAC zone (Economic and Monetary Community of Central Africa) is expected to experience a slowdown in growth to 2.4% in 2025, compared to 2024. The Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) published these macroeconomic forecasts during its last annual ordinary session held on December 15 in Yaoundé, Cameroon,...
On December 13, 2025, the Board of Directors of the Islamic Development Bank (IsDB) approved a new program of projects totaling approximately US$1.365 billion (over 726 billion FCFA) for 12 member countries, including Cameroon. This took place during its 363rd session The 14 operations supporting development projects cover renewable energy and cross-border electricity interconnections, major transport...
The flat-rate housing tax (TFH), which will come into effect on January 2, 2026, continues to fuel debate among households and on Gabonese television. Invited on December 14 to Gabon 24, Steeve Saurel Legnongo, CEO of the Gabonese Water and Energy Company (SEEG), reassured the public and explained the details of this new tax, whose...
The 15th C2D Breakfast highlighted the financial and institutional effects produced since 2022 by component 2 of the Transfagri program. With 4 billion FCFA mobilized, 22 microfinance institutions involved, and several innovative mechanisms being tested, the State and its partners are progressively structuring the operationalization of the National Inclusive Finance Strategy (SNFI). The preparation of...
The 2023 EITI data shows a contribution of 1,237 billion FCFA from extractive industries to the national budget, dominated by oil revenues.The recently published 2023 EITI Report indicates that over 1,232.6 billion FCFA was transferred to the public treasury, corresponding to taxes, royalties, and financial obligations paid by extractive companies. This amount represents a 12.96%...
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