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Douala Port gets Positive Ratings from Bloomfield Investment Corporation

For the third consecutive year, the Autonomous Port of Douala (PAD) has obtained the long-term ratings “A” and short-term “A2” awarded by Bloomfield Investment Corporation. These results confirm the financial strength and international credibility of this strategic institution, despite the challenges of a tense global economic context. On January 16, 2025, the Autonomous Port of...

CDC exceeds 30,000 tonnes of banana exports in 2024, a historic post-crisis performance

With 31,643 tonnes of bananas exported in 2024, the Cameroon Development Corporation (CDC) recorded its best performance since resuming its activities in 2020. Despite a difficult economic and social climate, the public company is showing signs of recovery, although still far from its pre-crisis levels. After a period of great difficulties, the Cameroon Development Corporation...

IFC and Congo explore grounds for Cooperation

The International Finance Corporation (IFC), a member of the World Bank Group (WB), organized “IFC Day” on January 14 in Brazzaville, an event that brought together private sector players, government officials and development partners. The objective of the meeting was to discuss the challenges and opportunities of priority sectors for the country’s development, in particular...

Gabon and BDEAC Strengthen Partnership

The Deputy Prime Minister of the Gabonese Transition, Alexandre Barro-Chambrier, met with the Vice-President of the BDEAC, Jean Paterne Megne Ekoga, on January 13, 2025. This meeting made it possible to take stock of 2024 and explore possible synergies to finance Gabon’s development projects. In Libreville, on January 13, 2025, the Deputy Prime Minister of...

African Dvelopment Bank approves 209 Billion FCFA to reconstruct the Douala – N’Djamena Corridor

The Board of Directors of the Africa Development Bank Group ( AfDB ), approved on December 13, 2024 in Abidjan, Côte d’Ivoire, a loan of 318.24 million Euros (more than 209 billion FCFA) to Cameroon  to implement the fourth phase of the Transport Sector Support Program (Past4). This is within the framework of the reconstruction of the Douala-N’Djamena-Ngaoundéré-Garoua...

BVMAC eyes promising year after dismal 2024

The Central African Stock Exchange (Bvmac) stock market underperformed in 2024, marked by a 4.9% decline in market capitalization. This situation is mainly linked to the 8.18% decline in the Socapalm share price, coupled with the stagnation or decline of other listed stocks. However, a recovery is expected in 2025 with the entry of new...
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