The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to help African countries contain the Covid-19 pandemic and mitigate its impacts.The grant, which is in response to an international appeal by the WHO, will be used by...
The African Energy Chamber is calling on African governments and the judiciary to take actions to shield oil & gas companies and their workers from lawyers trying to take advantage of the Coronavirus pandemic to create instability in the workplace.While most Africans are trying to cope with the uncertainty and issues of Covid-19 and low...
The Danpullo group, represented by the Director General of Nexttel, presented this afternoon in the Conference Room of Ministry of Public Health, a check of 100 million FCFA to Dr. Manaouda Malachi, Minister of Public Health, to beef up the Special National Solidarity Fund for the fight against Covid-19, created on Tuesday March 31, 2020, by the President...
The President of Cameroon, Paul Biya has today opened a solidarity fund to tackle the increasing threat of the coronavirus in the country. The Prime Minister Head of Government, Joseph Dion Ngute who made the announcement also revealed that, 1 billion FCFA is the starting amount in this fund. The move comes at a time...
The African Export and Import Bank (Afreximbank) will make available to African countries a credit facility totaling $ 3 billion to help adapt to the financial, economic and health shocks caused by the COVID-19 pandemic Known as the Pandemic Trade Impact Mitigation Facility (PATIMFA), this financial support has 3 objectives at the economic level. These...
The United Bank for Africa – UBA Cameroon has officially handed over a cheque worth 150 million FCFA through the UBA Foundation, to the Minister of Public Health Manaouda Malachie who received this gesture on behalf of the Cameroon Government. The Managing Director /CEO of UBA Cameroon Dominique Mahend and the Board Chairman Ekoko Mukete handed over...
The United Bank for Africa Plc (UBA) today announced a donation of over (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation will provide significant and much needed support to Nigeria, the bank’s headquarters and 19 other African countries, by supplying...
Cameroon’s share of the medical support promised by Chinese billionaire and Philanthropist Jack Ma has been received today. The cargo plane dispatched by the Alibaba boss earlier arrived Ethiopia where Prime Minister Abby Ahmed coordinated the onward distribution to the rest of the continent to battle a virus without borders. From the Pan-African package, Cameroon...
As Cameroon’s Coronavirus curve progresses geometrically to 56, the Association of credit Institutions APPECAM says they are getting ready to deal with shocks imposed by the pandemic. This is through a series of actions expected to keep banks and their clients afloat during the stormy ride. After examining the impact of the coronavirus on the...
