Cold snap on the process of transferring funds and assets assigned to the Caisse des Dépôts et Consignations (Cdec) of Cameroon. While the institution has already collected several billion CFA francs from banking establishments, the sector regulator has decided to sound the alarm. In a circular letter signed on July 11, and addressed to banks,...
The National Investment Commission (CNI) held its first annual ordinary session on July 10 in Brazzaville, under the direction of its president, Athanase Ngassaki. Of the twenty-two files examined, approval titles were granted to twenty companies, representing a total investment potential of more than 255 billion FCFA. For its first session in 2024, the CNI...
The Central African Stock Exchange (Bvmac) recorded 82 transactions for a total volume of 1,570,945 securities, representing a value of more than 14 billion FCFA in the first quarter of 2024. “The fluctuations in the Bvmac-Asi index during the first quarter of 2024 are mainly driven by the values of the Société africaine forestière et...
It is through a protocol of two agreements signed on July 8, 2024 with the Ministry of Agriculture and Rural Development, that the Agricultural Research Institute for Development (IRAD) will contribute its touch to boosting rice seed production in Cameroon. According to the terms of this protocol, during the next 3 years, Irad will focus...
AFSIC – Investing in Africa, Africa’s Investment event, is only three months away and will take place7th-9th October 2024 in London. With superb support from a wide array of excellent sponsors AFSIC2024 promises to be bigger and better with over 1400 delegates expected. This is an unmissableopportunity to attend any or all of the below...
AFSIC – Investing in Africa 2024 is not just an event—it’s a pivotal opportunity to connect with Africa-focused institutional investors. This year, we are thrilled to introduce our newly updated African Investments Dashboard, a cutting-edge digital platform designed to streamline and enhance your capital-raising efforts. Our business model at AFSIC – Investing in Africa 2024...
The International Monetary Fund IMF Has approved, on the one hand, the 6th review of Cameroon ‘s Economic and Financial Program 2021-2024 supported by the Extended Credit Facility (ECF) and the Extended Credit Mechanism (EFF) of the fund and, on the other hand, the first review of the agreement supported by the Resilience and Sustainability Facility (RSF) of...
These amounts showed a downward trend between the first quarters of 2023 and 2024 according to the Long and Medium Term Economic and Budgetary Programming Document 2025-2027 published by the Ministry of Finance, in view of the Budget Orientation Debate in the National Assembly. According to the document published by officials of the Ministry of...
The cargo loaded this Friday under the supervision of the Minister of Commerce from the port of Douala-Bonabéri, thus constitutes the first export from Cameroon under this project. It will benefit, as such, from the preferential customs tariff of the African Continental Free Trade Area. A ship loaded with 100 tons of aluminum ingots left...
