On February 7, a World Bank portfolio monitoring meeting in Chad was held between a World Bank team, led by its Resident Representative Rasit Pertev, and another from the Ministry of Finance, led by Minister Tahir Hamid Nguilin. The meeting aimed to assess the progress and disbursement of the 21 World Bank-financed projects in the...
Announced 16 months ago, the renationalization of Eneo continues to flounder. A monotonous situation that is gradually leading the electricity sector into total agony, thus reinforcing the place of obscurity that has become king among Cameroonian households. Considered a sector of sovereignty in most countries in the world. The electricity segment in Cameroon is facing...
After two consecutive terms at the head of the African Development Bank (AfDB), Akinwumi Adesina is preparing to hand over the reins in May 2025. Five personalities with solid profiles and strategic support are vying for the presidency of this key pan-African institution. Between financial expertise, networks of influence and geopolitical balances, the battle for...
On January 28, 2025, Cameroon was conspicuous by its absence at a crucial hearing before the Court of Arbitration of the International Chamber of Commerce (ICC) in Paris. This refusal to appear is part of the dispute between it and the Australian mining company Sundance Resources, which is claiming $5.5 billion after the loss of...
The revival of economic relations between Gabon and Saudi Arabia should accelerate. On February 4, the Deputy Prime Minister in charge of Planning and Foresight received a delegation from the Saudi Fund for Development (FSD). At the center of the discussions was the consolidation of a historic partnership and the establishment of advantageous financing to...
For over a year, the 7-year bonds issued by the State of Cameroon in 2023 have remained particularly popular on the Central African Stock Exchange (Bvmac). Despite persistent purchase offers, their holders have shown little inclination to part with them, a sign of lasting confidence in this security. Since the trading sessions of January 30...
The new Managing Director of MTN Cameroon, Wanda Matandela, is increasing the number of meetings with Cameroonian authorities before his official installation scheduled for March 1, 2025. Objective: a smooth transition and a strengthened commitment to improving services. Since January 27, 2025, Wanda Matandela, appointed last December as head of MTN Cameroon, has been busy meeting...
As part of the study to identify and map potential projects on the Pointe-Noire-Brazzaville-Kinshasa-Bangui corridor, a mission of experts mandated by the European Union (EU) held a working session on January 29 with the general management of the Autonomous Port of Pointe-Noire. Led by Jean-Marc Gauthier, head of mission, expert in regional transport infrastructure, the...
After years of crisis that heavily affected its production and exports, the Cameroon Development Corporation (CDC) has returned to growth. In December 2024, the public agro-industrial company exported more than 4,400 tons of bananas, a level not seen since 2017. This performance is accompanied by a financial recovery plan by the State, intended to clean...
