The Ad Hoc Committee of the Guided Trade Initiative (GTI) of the African Continental Free Trade Area (AfCFTA) in Cameroon met on March 20, 2025, at the headquarters of the National Shippers’ Council of Cameroon (CNCC) in Douala. Under the chairmanship of Mr. Auguste MBAPPE PENDA, Director General of the CNCC, the meeting was attended...
Dr. Samuel Munzele Maimbo, Zambia’s candidate for the African Development Bank (AfDB) presidency, has outlined his vision to Cameroonian authorities as part of his campaign. The current Vice President for Budget, Performance Review, and Strategic Planning at the World Bank met with Prime Minister Dr. Chief Joseph Dion Ngute and Minister of External Relations Mbella...
Gabon has disbursed nearly 18 billion CFA francs to clear its arrears with the World Bank, aiming to rebuild investor confidence and revive international funding opportunities. Gabon has taken a significant step in improving its public financial management, announcing on March 19, 2025, the payment of 17.9 billion CFA francs to settle its outstanding debt...
The Tony Elumelu Foundation (TEF) will announce the 2025 Cohort of its flagship TEF Entrepreneurship Programme on Saturday, March 22, at 10 AM. Since its launch, TEF has provided over $100 million in direct funding to African entrepreneurs, creating 1.5 million jobs and generating $4.2 billion in revenue. More than two million Africans have been...
The Africa Global Logistics (AGL) group announced on March 10 that its subsidiary Congo Terminal had signed a financing agreement of 150,880,000,000 CFA francs (230,000,000 euros) for the expansion of the container terminal at the Autonomous Port of Pointe-Noire (PAPN). The signing of the agreement was made possible thanks to a banking round led by...
A US fintech delegation, led by the US Ambassador, discussed with the Minister of Economy the expansion of financial inclusion through artificial intelligence and the digitalization of financial services. The executives of the American fintech Azamra, accompanied by the United States Ambassador to Cameroon, HE Christopher John Lamora, were received in audience on Wednesday, March...
This was part of the working visit made on March 15, 2025 by the Minister of State, Secretary General of the Presidency of the Republic, Ferdinand Ngoh Ngoh, to the port infrastructure.The Minister of State, Secretary General of the Presidency of the Republic (SGPR), Ferdinand Ngoh Ngoh, made an important working visit to the Autonomous...
The Cameroonian government and CAMINCO SA have signed a major mining agreement for the operation of the small Mborguene gold mine in the Eastern region. This agreement, which guarantees significant socio-economic benefits, provides for active state participation, job creation, and local development. This Friday, the Acting Minister of Mines, Industry and Technological Development, Professor Fuh...
Following an investment of five billion CFA francs in 2024, Africa Global Logistics (AGL) Cameroon is continuing to modernize its fleet with the acquisition of new reachstackers. This latest-generation equipment aims to optimize port operations and improve the country’s supply chain. The year 2025 begins with a focus on logistics reinforcement for Africa Global Logistics...
