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FINANCE

Regularly praised by the Extractive Industries Transparency Initiative (EITI), Cameroon’s national oil company affirmed its commitment to fighting corruption in the hydrocarbons sector during a working session with the civil society organization Transparency International Cameroon. Despite weak engagement from various stakeholders in Cameroon’s hydrocarbon value chain, which led the Extractive Industries Transparency Initiative ( EITI ) to suspend...
The Cameroonian subsidiary of the Gabonese group held its board meeting on February 27, 2026, in Douala. The directors approved a major recapitalization of the institution, increasing its capital from 20 to 50 billion FCFA. This decision comes as the bank’s performance exceeded the targets set for the past fiscal year. The Board of Directors...
The energy crisis affecting Greater Libreville is manifested by rotating power outages lasting an average of two hours per day, imposed by the Gabonese Water and Energy Company (SEEG) as a “last resort.” This structural imbalance pits a growing electricity demand of nearly 5% per year against an insufficient supply, impacting households and economic activity....
A large delegation of Chinese experts in the field  met on March 1 in Brazzaville with the Minister of Posts, Telecommunications and Digital Economy, Léon Juste Ibombo, to discuss the modalities for the joint implementation of the mega  satellite communication project. The Chinese experts came to Congo as part of the implementation of the Congo-Ocean Railway (CFCO) rehabilitation...
Despite a global environment fraught with persistent geopolitical tensions and tight financial conditions, Sub-Saharan Africa is demonstrating remarkable economic resilience. With regional growth projected to reach 4.3% in 2026, the continent is witnessing the rise of standout economic champions driven by the mining sector, infrastructure development, and bold macroeconomic reforms. However, transforming this statistical momentum into sustainable...
At the end of their 48-hour visit to Brazzaville, the Senegalese president, Bassirou Diomaye Faye, and his Congolese counterpart, Denis Sassou N’Guesso, expressed, during a joint press conference, the need to deepen their cooperation in the oil and gas sectors. “Senegal recently discovered oil and gas, the exploitation of which began last year, something Congo...
Gathered in Douala from January 26 to 29, 2026, the senior management of the BGFIBank Group held their major strategic convention for the third consecutive year, combined with seminars for the Commercial, Commitments, and Quality departments. This key event allowed the leading financial group in the CEMAC zone to define its 2026 roadmap and officially...
CCA-BANK is taking another step in its support of Cameroonian businesses with the official launch of CCA Credit-Bail, an innovative financing solution designed to facilitate equipment acquisition and support business growth. This initiative is part of a broader strategy to modernize financial services and stimulate the local economy. Thursday, January 29, 2025, will remain a...
The saga of the scanning project at the Port of Douala has taken a new and unexpected turn, one that is as embarrassing as it is for the Cameroonian government. This Thursday, January 29, 2026, Prime Minister Joseph Dion Ngute ordered the management of the Port Authority of Douala to maintain the contract with the Société Générale de...
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