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...
After an in-depth assessment, the International Monetary Fund (IMF) expressed its satisfaction with Cameroon’s progress in managing its public finances. The institution approved a disbursement of 77.5 billion CFA francs to support ongoing reforms. However, efforts still need to be made, particularly in terms of public investment and structural reforms. In a statement issued on...
CEMAC and UEMOA, with the support of the World Bank, are continuing the harmonization of their statistical systems to improve the quality of socio-economic data in West and Central Africa. A workshop, held from January 27 to 31, 2025 in Douala, aims to validate the tools of the price component of the Harmonized Survey on...
In Dar es Salaam (Tanzania), where he took part in the African Energy Summit, Brice Clotaire Oligui Nguema spoke with the Deputy Prime Minister of Equatorial Guinea about his country’s purchase of electricity from Malabo. The purchase-sale contract signed between the two countries in July 2023 could come to fruition in the near future. From...
On a visit to Libreville, Cheick F. Kanté, World Bank Director for Central Africa, met with Prime Minister Raymond Ndong Sima on Wednesday. He reaffirmed the institution’s commitment to several strategic projects and denied any suspension of Gabon. Gabonese Prime Minister Raymond Ndong Sima received Cheick F. Kanté, Director of Operations for Central Africa at...
Led by Senior Social Protection Specialist Joachim Boko, the World Bank (WB) delegation will be in the Congolese capital from February 3 to 14. This mission is expected to accelerate the implementation of the social safety net program, including the launch of the new phase of cash transfers to vulnerable families. The arrival of the WB...
United Bank for Africa (UBA) Cameroon, in collaboration with Acha Eye Hospital, is taking a proactive approach to eye care and health awareness through a series of free eye screening campaigns. On January 24, 2025, the first of these campaigns was held in Douala, as part of UBA Cameroon’s broader corporate social responsibility (CSR) efforts....
Cameroon is actively preparing for the arrival of 5G by finalizing specifications that will define the technical, legal and environmental conditions for its deployment. This key step, scheduled for 2025, aims to modernize the national digital landscape, while addressing challenges such as the inclusion of rural areas and environmental impact. During the presentation of the...
On 28 January, during a press conference, the ambassador and head of the European Union (EU) delegation to the Republic of Congo, Anne Marchal, launched the activities of her institution and presented, at the same time, the flagship projects to be carried out in partnership with the Congolese authorities during this year. This conference, which...
