On May 9, 2025, in Mboro, the Minister of Transport officially launched the commercial operation of Phase 2 of the Port of Kribi. This historic moment marks a decisive step in Cameroon’s ambition to make this port platform a strategic lever for its industrialization and a sub-regional logistics hub. The Mboro port site in Kribi...
At a workshop in Yaoundé on May 6, 2025, the European Investment Bank (EIB) took stock of its six decades of cooperation with Cameroon. Since 1965, the European institution has invested nearly 583 billion CFA francs, split between public financing and support for the private sector. Since launching its activities in Cameroon in 1965, the...
Under the leadership of the Minister of Water and Energy, Gaston ÉLOUNDOU ESSOMBA, representing the Prime Minister, the Bamenda Liquefied Petroleum Gas (LPG) Filling Center was inaugurated on May 9, 2025. This strategic infrastructure realizes President Paul BIYA’s vision of equitable access to modern energy, while marking a decisive step towards sustainable development and social...
Deprived of a joint financial windfall estimated at $555 million, the final blow from American leader Donald Trump, despite the consequences, should push the African Development Fund (ADF ), the concessional arm of the African Development Bank, to take a further step in the search for new financing mechanisms. The new US administration’s 360° turnaround will play...
As part of the 8th review of the IMF-supported Economic and Financial Program, an assessment mission is underway in Cameroon. The objective is to assess the country’s economic performance and identify reforms that need to be completed to strengthen macroeconomic stability and resilience to climate and structural shocks. Since May 2, 2025, a mission from...
The General Directorate of Taxes and Estates launched, on May 6, at the Brazzaville Convention Center, a campaign to popularize the 2025 finance law in order to meet the government’s expectations in terms of tax revenue, which amount to 894.331 billion FCFA. The campaign, launched by François Moundzéo, Tax Administration Advisor to the Minister of...
On May 5, 2025, Henri-Claude Oyima, a leading figure in Central African finance and Chairman of the Board of Directors of BGFIBank Cameroon, was appointed Minister of State for the Economy, Finance, Debt, Equity Investments, and the Fight Against the High Cost of Living in Gabon. This strategic appointment illustrates the new regime’s commitment to...
The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese Merit – on the Group Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu. The distinguished award...
As part of its 2023-2030 Five-Year Priority Investment Plan, the public company issued a call for international expressions of interest on April 30, 2025. The objective is to prequalify companies for the construction of ultrafiltration and bottling lines for water produced by Camwater in Cameroon’s 10 regions. Over the past three years, Camwater, under the...
