Between the 1st and 2nd quarter of 2023, the interest rate granted to individuals increased in Cameroon as highlighted in the report on lending rates practiced by Cemac countries. According to the said report, the rates rose from 13.33% to 16.62% between the two periods, an increase of 329 basis points (3.2%), which demonstrates that...
The public company Gab’Oil, specializing in the marketing and distribution of petroleum products, recently signed a partnership agreement in China with the company Shanghai Eternal Faith Industry Company Ltd (Sefic) which will allow it to continue to easily offer the bottle of butane gas at the price set last January, as part of the policy...
After a notable stint within the Bank of Central African States, the former governor is now seeking the position of president of the African Development Bank as illustrated by the dubbing of his candidacy and the unanimously by the 11 countries of the Economic Community of Central African States (Ceeac). At 51 years old, the...
In his address to the youth on February 11, the Head of State once again urged Cameroonians towards self-employment. It is then essential to provide the technical framework necessary to support the youth in that direction. On Wednesday, February 28, Jacques Fame Ndongo, Cameroon’s Minister of Higher Education, laid the foundation stone of the digital...
In a high-stakes presentation at Manhattan’s prestigious Pierre hotel, Adebayo Olawale Edun, Nigeria’s finance minister, sought to allay concerns among Wall Street financiers. Against a backdrop of elegant croissants and freshly squeezed orange juice, Edun outlined his country’s commitment to fiscal responsibility, vowing to trim spending and boost tax collection to meet hefty debt obligations...
In a dynamic convergence of entrepreneurs, investors, and business leaders, the tenth edition of the AFSIC – Investing in Africa conference held at the Park Plaza Westminster Bridge Hotel in London marked a resurgence of energy post-COVID. With over 1,200 delegates, 350 speakers, and a formidable assembly of institutional investors managing assets exceeding $1 trillion,...
In the vibrant heart of London, the tenth annual AFSIC event unfolded its transformative narrative in early October 2023, placing a spotlight on dedicated investments. AFSIC, the zenith for asset management firms with a keen eye on African investments, presented an exclusive platform where industry leaders from diverse sectors converged – from banking and fintech...
The recently concluded AFSIC London 2023, a flagship investment event spotlighting Africa’s financial services sector, emerged as a triumph, creating a vibrant arena for networking, collaboration, and exploration of unprecedented investment prospects across the continent. From [dates], this year’s conference convened a diverse assembly of industry leaders, investors, and professionals, underscoring the immense growth and...
Cameroon, often referred to as the Miniature Africa due to its cultural, geographical, and economic diversity, once again reaffirms its position as the foremost economic powerhouse in the CEMAC (Economic and Monetary Community of Central Africa) zone. With a flourishing economy and relative stability, the country continues to attract the attention of international investors and...
