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Central Africa
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MTN Cameroon transfers over 400 Million FCFA to the CDEC: a turning point for financial transparency
The telecommunications operator MTN Cameroon has transferred more than 400 million FCFA to the Deposit and Consignment Fund of Cameroon(CDEC), corresponding to deposits paid by certain subscribers and partners as…
Cameroon: SOTRAMAS and the industrial collapse of cassava processing in Sangmelima
Located in the city of Sangmelima, the Société de Transformation Industrielle de…
RDC : Artisanal gold at the heart of the cpuntry’s new monetary ambition
Since January 2026, the BCC has officially declared its intention to make…
Gabon secures $350 million to modernize the transgabonais railway and safeguard 80% of mining exports
Negotiated since 2025, the deal aims to rehabilitate the 650-kilometer rail line…
Palm oil in Cameroon: Opalm acquires Eseka from Socapalm with ambition to triple processing capacity
The industrialization drive of Cameroon’s palm oil sector has reached a new…
Iron in Cameroon: the bold XAF 1,749 Billion bet to transform the economy by 2030
With GDP estimated at 28,000 billion CFA francs in 2025, Cameroon remains…
Cameroon: Louis Paul Motaze unveils 2026 state financing program with a CFAF 1,650 billion borrowing ceiling
This event functions as a financial roadshow aimed at strengthening Cameroon’s visibility…
Scanning crisis at douala-bonaberi port : dual operators, container blockage and rising threat to Cameroon’s economy
GECAM raises the alarm over growing economic fallout. In a statement released…
CEMAC’s financial engine: how Cameroon controls 74% of microfinance
Cameroon accounts for nearly 74% of all MFIs in the CEMAC zone,…
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Supervision, cautions and criminal assets : Cameroon’s finance minister responds to the CDEC
Cameroon’s Minister of Finance has addressed a letter to the Director General of the Deposit and Consignment Fund (CDEC), clarifying…
Cameroon: how Alain and Cyrille Nkontchou are shaping Africa’s banking future
Alain and Cyrille Nkontchou have made decisive moves that could reshape the African banking landscape. Through Bosquet Investments Ltd, the…
Cameroon: Arise IIP launches construction of its 500-hectare industrial zone in Dibamba, Douala
The Dibamba Industrial-Port Zone project, officially launched on July 24, 2025, represents a major leap forward in Cameroon’s ambition to…
Digital payments battle: Flutterwave and Wave shape Cameroon’s fintech future
Nigerian fintech Flutterwave has officially received authorization from the Bank of Central African States (BEAC) to launch its digital payment…
Finance Week 2025: Prometal Group wins industrial investment Leadership Award
Prometal Group was honored at the third edition of Finance Week, organized by EcoMatin on June 17, 2025. This event…
Central Africa: 98% drop on the BVMAC in Q1 2025
The Central African Securities Exchange (BVMAC) recorded a staggering 98% drop in the value of its trades in the first…
Cameroon: SMEs get $43.6 million lift from Proparco and Afriland First Bank Partnership
On the sidelines of the Africa CEO Forum in Abidjan, Afriland First Bank and Proparco signed a new financing agreement…
High-Voltage ambitions: Prometal secures energy deal to drive Cameroon’s industrial transformation
Cameroon’s industrial sector has reached a major milestone. The banquet hall of the Krystal Palace Hotel in Douala hosted the…
Gabon: Prometal Group sets up in the Nkok ZIS, a turning point for the country’s steel industry
Gabon has taken a decisive step in its industrialization process with the arrival of Prometal Group at the Nkok Special…
BEAC- BCEAO : strengthened cooperation for financial stability and innovation in Africa
Against a changing global economic backdrop, the governors of the the Bank of Central African States (BEAC) and the the…
