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COBAC accuses CDEC of hampering Banks in Cameroon

The Cameroonian banking sector is in turmoil. In a confidential letter addressed to the Minister of Finance, a copy of which  was obtained by CEMAC ECO FINANCE , the Banking Commission of Central Africa (COBAC) is raising the alarm about the “high risks of crisis” caused by the actions of the Caisse des Dépôts et Consignations du...

Congo budgets 14 Billion FCFA to support Small and Medium sized Enterprises

The International Finance Corporation (IFC) concluded a loan agreement of 14.5 billion CFA francs with Bank Of Africa (BOA) on November 11 in Brazzaville, intended to finance the activities of Congolese small and medium-sized enterprises. Valued at 14.5 billion CFA francs, this loan from the IFC to BOA-Congo is the first such financing granted to...

Gabon and Cote d’Ivoire brace up for Joint Economic Forum this November

Organized jointly by the Gabonese National Investment Promotion Agency (ANPI-Gabon), the Embassy of Côte d’Ivoire in Gabon, and the Investment Promotion Center of Côte d’Ivoire (CEPICI), the Côte d’Ivoire-Gabon Business Forum (FACIGA) will be held on November 18 and 19 in Libreville. This forum, which aims to strengthen economic cooperation between the two countries, is...

Bangui Financial Days Launch Tomorrow to Spark Economic Transformation

The countdown is over. The inaugural Bangui Financial Days (BFD) launches tomorrow, marking a pivotal moment for the Central African Republic’s economy. Under the theme “Investment, innovation, inclusion: transforming the economic and financial potential of the Central African Republic,” this high-level event gathers key decision-makers for one critical mission: to build a roadmap for shared...

Elumelu Embarks on Pan-African Tour Championing Entrepreneurship, Infrastructure, and Inclusive Growth

Founder of the Tony Elumelu Foundation and chairman of UBA Group Tony O. Elumelu CFR,  a leading advocate for Africapitalism and transformative private sector leadership, will undertake a high impact working tour across East, Central, and Southern Africa this week. The multi-country visit underscores his unwavering commitment to fostering economic resilience, empowering entrepreneurs, and unlocking...

GECAM announces Audit to assess Post Election Economic Losses

In a letter dated November 3, 2025, addressed to members of the Group of Cameroonian Enterprises (Gecam), Célestin Tawamba President of this organization, sought to assess the economic impact of the post-election consequences. The data collected will provide business leaders with arguments for advocacy or support actions that may be necessary with partner institutions. There...