Based on the start-up capital granted by Gisèle Nkemla to her husband Albert Nkemla (Chairman of the Board of Directors of CCA Bank) for the start-up of its activities, it was officially launched on Friday, February 28, 2025, during a press conference held in the auditorium of the CCA-Bank headquarters building in Douala. It is...
At Cameroon Economic Meeting, Elumelu Calls for Strategic Collective Partnership to Boost African Economy The Chairman of United Bank for Africa (UBA) Plc and Heirs Holdings Group, Tony Elumelu, has stressed the need for a strategic and collaborative approach to drive sustainable economic growth on the African continent. According to him, to see the kind...
The concept note for the evaluation of the national public procurement system was validated on February 20 in Brazzaville by stakeholders (public administration, private sector and civil society). The new tool is based on the MAPS II evaluation methodology, which is supposed to guarantee better governance of public procurement. The adoption of the national procurement...
As part of the regularization of unclaimed funds, the Société Immobilière du Cameroun (SIC) transferred 482.39 million FCFA in housing deposits to the Caisse des Dépôts et Consignations du Cameroun (CDEC). An operation that is part of a global dynamic of bringing financial institutions into compliance with the regulations in force. On February 19, 2025,...
AFSIC – Investing in Africa returns on October 14th and 15th, 2025, at the prestigious Park Plaza Westminster in London. Renowned as one of the largest investment events focused on Africa, AFSIC 2025 once again promises to unite influential leaders and key players from the global financial community. A Dynamic Platform to Foster Investments Across...
The Minister of Finance, Louis Paul Motaze, accompanied by the Minister Delegate to the Minister of Economy, Planning and Regional Development, Paul Tazong, was in Douala on February 13, 2025 to present to the business community and regulatory institutions, the State Financing Plan for the 2025 financial year. It will require the State to resort...
Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of $500,000 to the African Union (AU) Peace Fund. This donation by the UBA Group supports the AU’s efforts towards promoting security, conflict resolution, sustainable development, and a unified Africa, as envisioned...
From 17 to 21 February 2025, Libreville will host the expert meeting of Study Group 3 of the International Telecommunication Union (ITU) dedicated to the economic and political challenges of telecommunications in Africa. Organised by the ITU and Arcep Gabon, this workshop brings together around sixty experts to discuss tariff models, international connectivity and regional...
The distribution and marketing of electricity in the Republic of Congo is now entrusted to the National Electricity Company of Senegal (Senelec), for a period of ten years. A leasing agreement on this subject was signed last week between the two countries. The agreement that entrusts the management of the segment related to the distribution and...
