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...
In a recent announcement on July 19, Commercial Bank-Cameroun (CBC) revealed a capital increase from 16.5 billion to 24 billion FCFA, marking a significant rise of 7.5 billion FCFA (+45.45%). This decision was taken by the shareholders during an extraordinary general assembly held in Douala on June 22, 2023. The final statement announcing the capital...
Aliko Dangote Leads Forbes’ Ranking for the 12th Consecutive Year, with Nigerian and South African Entrepreneurs Dominating the List The total wealth of African billionaires has experienced a slight decline compared to the previous year, dropping from $84.9 billion to $81.5 billion. This decrease underscores the persistent economic inequalities on the continent, further exacerbated by...
The two-day global summit, titled the Global Financial Pact, recently held in Paris, has resulted in substantial progress for disadvantaged nations. However, the long-awaited realization of a radical transformation of the global financial system in favor of the climate is still to be achieved. Global Summit for a New Financial Pact: A Step towards Resolving...
Cameroon, a country in Central Africa, is home to several exceptionally wealthy individuals who have amassed fortunes through various industries. In this article, we will explore the top five richest personalities in Cameroon, shedding light on their business ventures and estimated net worth. El Hadj Baba Ahmadou Danpullo – $940 Million El Hadj Baba Ahmadou...
Kate Fotso, an eminent and influential businesswoman, holds a leadership position as the CEO of Telcar, the leading Cameroonian company in cocoa bean trading. Her professional achievements and estimated fortune of 150 billion XAF in 2016 have made her an iconic figure in the business world of Cameroon. Recently, she graciously shared insights into her...
Recent projections on the wealth of nations in Africa, measured by the gross domestic product (GDP) at current prices in dollars, reveal major changes in the ranking of the continent’s richest countries. According to the latest data from the International Monetary Fund (IMF), Nigeria, Egypt, and South Africa currently hold the top three positions. However,...
