According to the October 2025 Regional Economic Outlook report, Gabon loses between 1.2% and 1.5% of its GDP through VAT exemptions, primarily in the oil, mining, and forestry sectors. The International Monetary Fund (IMF) warns of the impact of these tax breaks on the country’s ability to mobilize domestic resources and finance its public infrastructure,...

Faced with a growing demand for liquidity and the pressure on financing systems in the sub-region, the Bank of Central African States (BEAC) recently made an exceptional injection of 750 billion FCFA into banking circuits, during its latest call for tenders. This is the highest level recorded since 2019, up 50 billion CFA francs compared...

The National Electricity Transmission Company (Sonatrel), responsible for electricity transmission in Cameroon, is showing signs of weakness. To address this situation, the government plans to open this strategic sector to private capital. The initiative aims to stabilize power supply and modernize the country’s aging infrastructure. Cameroon’s electricity transmission landscape is on the verge of a...

For three years, the new CEO has been working to turn around a struggling company. Through bold reforms and proactive management, he has gradually restored confidence, improved drinking water supplies, and transformed the company’s landscape. September 30, 2025, marked the third anniversary of Dr. Blaise Moussa taking over as CEO of Cameroon Water Utilities (Camwater)....

On October 16, President Denis Sassou N’Guesso issued a decree appointing Maixent Raoul Ominga as Director General of the Société Nationale des Pétroles du Congo (SNPC) for a five-year term. Chartered accountant and in-house executive, Maixent Raoul Ominga, Director General of SNPC since February 28, 2018, has just been reappointed to this position by the...

UBA Leads African Economic Dialogue with New White Paper at IMF Meetings Africa’s leading global bank, United Bank for Africa (UBA) Plc, has once again demonstrated its commitment to driving sustainable growth and economic transformation on the continent with the official launch of its groundbreaking white paper, “Banking on Africa’s Future: Unlocking Capital and Partnerships...

Paris, October 5, 2025 – The 2025 edition of Africa Day will be remembered not only for its success but for the powerful convergence of the venue, the mission, and the man who headlined it. Opened by Luis Vassy, Director of Sciences Po, and driven by the French-African Foundation, the event found its ideal spokesperson...

The Bank of Central African States (BEAC) has announced the creation of a regional banking institute aimed at boosting training and expertise for financial professionals across the CEMAC region. This strategic initiative positions the institution as both a guardian of monetary stability and a driver of human capital development. The ambitious project, part of BEAC’s...

Kinshasa. Rawbank, the leading bank in the Democratic Republic of Congo, has formalized its partnership with the Congolese Government under COPA-TRANSFORME, a program co-financed by the International Development Association (IDA). The initiative aims to structure and strengthen the ecosystem for micro, small, and medium enterprises (MSMEs) nationwide, with a priority emphasis on women-owned and women-led businesses. From pledges to practical...