Discussions between the Ministry of SMEs and the Cameroon Business Association (GECAM) resulted in the development of a joint roadmap for the two institutions, for the period 2024-2026, with a view to boosting the Cameroonian entrepreneurial ecosystem. According to the Ministry of SMEs, this framework for collaboration is based on the observation that SMEs constitute...

The Airports Council International Africa (ACI-Africa) company opened, on October 14, in Brazzaville, with the support of Aérco (Aéroports du Congo), a special training course for African technicians in the field, with a view to strengthening their operational skills in airport security audits. About twenty technicians selected from eight airports in the ACI Africa area...

On October 19, 2024, CCA Bank will celebrate the inauguration of its impressive new head office located at Rue Joss in Bonanjo, Douala. This state-of-the-art 15-story building represents a significant milestone for the bank, which is committed to enhancing services for both local and international clients. The new office will coordinate operations across 54 active...

On October 11, the players in the national oil market agreed on the price of a barrel of crude oil at 78.59 dollars, representing an average quarterly differential of -0.34 dollars per barrel. The prices of the reference crudes were readjusted to 75.99 dollars for Djeno Blend ,  78.12 for Nkossa Blend and 81.67 for Yombo. Congolese...

The Council of Ministers of the Union of Central African States (UEAC) held its 42nd ordinary session in Bangui, Central African Republic, on 11 October 2024. The bulk of this year’s session was devoted to examining and adopting the draft budget for the year 2025. From 7 to 8 October 2024, the inter-State committee examined...

The Managing Director of the National Hydrocarbons Company (SNH), Adolphe Moudiki, reiterated his impatience to see the judges of the Special Criminal Court (TCS) finally open the investigation in Cameroon, as part of the prosecution of the accomplices of the Swiss multinational Glencore, accused of corruption in the country. Adolphe Moudiki’s statement echoes the pre-trial...

On October 8 in Brazzaville, Prime Minister Anatole Collinet Makosso chaired the opening ceremony of the annual general assembly of the Union of Economic and Social Councils and Similar Institutions of Africa (Ucesa) , coupled with the Conference on “environmental issues and sustainable development in Africa .” The stakes being, among others, the examination of the activity report, the draft strategic...

The United Bank for Africa, UBA, is in the process of recapitalization which gives investors across the globe and Cameroon in particular where it has a strong hold chance to reap big. The Bank is said to have already  tabled  its application for the recapitalization process at the  Security and Exchange Commission, SEC. The approval...

Established by the 2025 Finance Bill, the Fee on electronic money issues (mobile money, bank cards, etc.) will no longer be levied at 5% on each transaction. Faced with the outcry caused by the announcement of this new tax, the authorities have decided to divide it by 10. The announcement of the institution of the...