The revival of economic relations between Gabon and Saudi Arabia should accelerate. On February 4, the Deputy Prime Minister in charge of Planning and Foresight received a delegation from the Saudi Fund for Development (FSD). At the center of the discussions was the consolidation of a historic partnership and the establishment of advantageous financing to...

For over a year, the 7-year bonds issued by the State of Cameroon in 2023 have remained particularly popular on the Central African Stock Exchange (Bvmac). Despite persistent purchase offers, their holders have shown little inclination to part with them, a sign of lasting confidence in this security. Since the trading sessions of January 30...

The new Managing Director of MTN Cameroon, Wanda Matandela, is increasing the number of meetings with Cameroonian authorities before his official installation scheduled for March 1, 2025. Objective: a smooth transition and a strengthened commitment to improving services. Since January 27, 2025, Wanda Matandela, appointed last December as head of MTN Cameroon, has been busy meeting...

As part of the study to identify and map potential projects on the Pointe-Noire-Brazzaville-Kinshasa-Bangui corridor, a mission of experts mandated by the European Union (EU) held a working session on January 29 with the general management of the Autonomous Port of Pointe-Noire. Led by Jean-Marc Gauthier, head of mission, expert in regional transport infrastructure, the...

After years of crisis that heavily affected its production and exports, the Cameroon Development Corporation (CDC) has returned to growth. In December 2024, the public agro-industrial company exported more than 4,400 tons of bananas, a level not seen since 2017. This performance is accompanied by a financial recovery plan by the State, intended to clean...

After an in-depth assessment, the International Monetary Fund (IMF) expressed its satisfaction with Cameroon’s progress in managing its public finances. The institution approved a disbursement of 77.5 billion CFA francs to support ongoing reforms. However, efforts still need to be made, particularly in terms of public investment and structural reforms. In a statement issued on...

CEMAC and UEMOA, with the support of the World Bank, are continuing the harmonization of their statistical systems to improve the quality of socio-economic data in West and Central Africa. A workshop, held from January 27 to 31, 2025 in Douala, aims to validate the tools of the price component of the Harmonized Survey on...

In Dar es Salaam (Tanzania), where he took part in the African Energy Summit, Brice Clotaire Oligui Nguema spoke with the Deputy Prime Minister of Equatorial Guinea about his country’s purchase of electricity from Malabo. The purchase-sale contract signed between the two countries in July 2023 could come to fruition in the near future. From...

On a visit to Libreville, Cheick F. Kanté, World Bank Director for Central Africa, met with Prime Minister Raymond Ndong Sima on Wednesday. He reaffirmed the institution’s commitment to several strategic projects and denied any suspension of Gabon. Gabonese Prime Minister Raymond Ndong Sima received Cheick F. Kanté, Director of Operations for Central Africa at...