During a meeting with the Minister of Mines, Gilles Nembe, the Collective of Quarry Operators, represented by Vanessa Ngabama, advocated for the creation of a special status for Gabonese operators. The minister promised to accelerate the issuing of permits and to establish a legal framework to structure the sector. On October 18, 2024, the Collective...

On 19 October 2024, Ecobank Cameroon celebrated “Ecobank Day” under the theme “Transforming Africa through Education: Boosting Learning with AI”. The day was marked by a panel discussion bringing together experts, government officials and students, highlighting the potential of artificial intelligence in education. In her opening remarks, Gwendoline Abunaw, Managing Director of Ecobank Cameroon, highlighted...

Cameroonian telecommunications operator, Camtel, posted a record net profit of 11.1 billion FCFA in 2023, marking a turning point in its history with a dividend payment to the State, despite persistent operational challenges. Cameroon Telecommunications (Camtel) achieved an unprecedented performance in 2023, posting a net profit of 11.1 billion FCFA, an increase of 23% compared...

On October 19, 2024, CCA Bank inaugurated its new headquarters in Douala in the presence of influential personalities such as Louis Paul Motaze, Minister of Finance, and Samuel Eto’o Fils, President of the Cameroon Football Federation. This event marks a key milestone for this financial institution that has become a major player in Cameroon, with...

I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to effectively tackle climate change within the African context, from Egypt to Nigeria to South Africa, we must look to the people it impacts. Too often our businesses have not created value on our...

The Islamic Development Bank (IDB) has planned a first disbursement for the Cameroon-Chad Electricity Grid Interconnection Project (Pirect) before the end of 2024, as part of a total financing of 80.5 billion CFA francs. The Cameroon-Chad Electricity Grid Interconnection Project (Pirect) is making significant progress with the announcement of a first disbursement from the Islamic...

The Ministry of Budget, Public Accounts and Public Portfolio organized, on October 15, at the International Conference Center of Kintélé, the first day of the budget controller. It aims to improve their skills in order to better control and guide public spending. More than two hundred financial controllers working in various public administrations took part...

Cameroonian hydrocarbon giant Tradex is preparing to invest in the Congolese market. This expansion is part of an ambitious development strategy that has already borne fruit in several countries in the region. After conquering Cameroon, the Central African Republic, Chad and Equatorial Guinea, Tradex is preparing to establish itself in the Democratic Republic of Congo....

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...