Arise IIP, a subsidiary of the pan-African group Arise, will develop an industrial and logistics activity zone on the banks of the Dibamba River with an area of approximately 122 hectares. It is within the framework of the implementation of this project that the Director General of the Douala Ports Authority (PAD), Cyrius Ngo’o, and Kumar Mohan,...
At the latest United Nations General Assembly, several African presidents took the stage to emphasize the importance of fair representation for Africa on the UN Security Council, including permanent seats with veto power. Here is an overview of their speeches and the demands made. During the latest United Nations General Assembly, African presidents voiced their...
During its meeting on September 23 in Yaoundé, the Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) shared optimistic economic forecasts for 2024, predicting a growth rate of 2.9% and a decrease in inflationary pressures. The Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) met on Monday,...
His Excellency Carlos Vila Nova; President of São Tomé and Principe; His Excellency Julius Maada Bio President of Sierra Leone; Brice Oligui Nguema President of Gabon; His Excellency; His Excellency Nana Akufo-Addo, President of Ghana; and the Queen Maxima of the Netherlands and others have commemorated the 40th anniversary of the United Bank for Africa...
Gabon is preparing to participate as a guest of honor at the Africa Accelerating 2024 Conference to be held in Canada from November 18 to 20, 2024. Led by the Prime Minister of the Transition, Raymond Ndong Sima, a cabinet meeting was held on September 25 to discuss Gabon’s strategic objectives. This meeting aims to...
For the populations to benefit from the energy available in Nachtigal it had to be transported. A contract for access to the electricity transmission network was signed between the producer of Nachtigal’s electricity and the National Electricity Transmission Company. The partnership was initialed between Sonatrel and NHPC on September 23, 2024, in Yaoundé, under the gaze of Gaston...
As the controversy over telecom quality of service continues, MTN Cameroon said this week that fibre destruction has increased by more than 40% this year compared to the previous year.Following previous disruptions to phone and data services, the company highlighted worries over the state-owned Camtel’s monopoly on the administration of the national optic fibre backbone....
Cameroon has significant mineral resources that are very little exploited. This is the case, for example, of the iron ore deposits of Ngovayang, Ntem and Djoum III in the South region and the gold deposits of Bibemi in the North region. The government is now determined to exploit these various deposits. On September 19, 2024 in Ebolowa, Fuh Calistus...
Three items were on the agenda. In particular, the establishment of an Islamic Window; the implementation of the Real Estate Program and the examination of several information notes. Following a meeting of the Board of Directors held on September 18, the Bank’s directors approved the establishment of an Islamic Window for the financing of projects....
