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FINANCE

The work of the thirteenth annual consultation meeting of the Central African Banking Commission (COBAC) with finance professionals opened on July 18 in the Congolese capital. Participants will attempt to formulate possible solutions to strengthen the banking system in the sub-region. The money supply in circulation within the Economic and Monetary Community of Central Africa...
Designated international arbitrator in the “Practitioners” category on the proposal of the President of the Paris Maritime Arbitration Chamber (CAMP), Pr Philippe Delebecque, the general director of the National Council of Shippers of Cameroon has been an international arbitrator since June 28, 2024 on the favorable opinion of the Advisory Commission and the Council. “I...
The Gabonese capital welcomes this week the elite of African civil aviation. As the continent’s aviation sector faces major post-pandemic challenges, the 9th edition of AFI Week promises to be a pivotal moment. Between growth ambitions and sustainability imperatives, African air transport players are called upon to redesign the future of African skies. Since Monday,...
The new form of the National Investment Company (SNI) is subject to the signing, on July 10, 2024, of a presidential decree transforming the public entity into a publicly-owned company with the State as the sole shareholder. Led for over 21 years by Yaou Aïssatou, the SNI will be subject to a new restructuring, 33...
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...
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