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...
Meeting in Douala from March 11 to 14, 2025, the Directors general of taxes of the CEMAC member states, accompanied by IMF experts, are working on developing a joint roadmap to improve domestic resource mobilization. This is a crucial issue for the region’s economic stability and fiscal sovereignty. Faced with persistent economic challenges and low...
UBA Cameroon has been awarded the prestigious Best Visa Bank in Central Africa at the Visa CEMAC Client Summit 2025, held in Douala on March 7 2025. This accolade reinforces the bank’s leadership in delivering cutting-edge and digital payment solutions across the region. The award was presented by Ismahili Diaby, Vice President and General Manager for West...
At the first Africa Trade Conference, hosted by Access Bank in Cape Town, business leaders highlighted the importance of strengthened cooperation among African countries to address economic challenges and boost intra-African trade. A call for action was issued to overcome structural, financial, and logistical barriers. On March 12, 2025, Access Bank PLC hosted the inaugural...
The Economic and Social Council (CES) holds its headquarters. Created by Article 85 of the 1972 Constitution and maintained by Article 54 of the 1996 constitutional revision, the Economic and Social Council has had 150 members since 2001. It is “a consultative assembly representing the main economic, social and cultural activities of the Republic. Its...
