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Central Africa
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Gabon: Steel giant PROMETAL Groupe launches construction of a 38 billion FCFA industrial complex
PROMETAL Groupe, the leading steel manufacturer in the CEMAC zone, lays the first stone of its Gabonese subsidiary in the Nkok Special Economic Zone on July 1st, creating 350 direct…
MTN Cameroon transfers over 400 Million FCFA to the CDEC: a turning point for financial transparency
In Cameroon, the CDEC is mandated to receive, hold, and safeguard funds…
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…
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India conquers the Cameroon market : a new era of economic cooperation
Indian investors have been exploring investment opportunities in Cameroon since September 20, 2024. This is part of the Indian economic…
Cameroon : the country grants a license to mine bauxite at Minim Martap
The government recently granted a mining permit for Minim Martap bauxite to Canyon Resources. The Australian mining company made the…
Cameroon : what the new Partnership Framework with the World Bank Provides
Cameroon’s Minister of Economy, Alamine Ousmane Mey, welcomed Abdoul Salam Bello, World Bank Group Executive Director for Cameroon, for a…
Cameroon : Minim Martap bauxite mining, at the heart of industrial strategy
On July 30, 2024 in Yaoundé, the State of Cameroon and the company Camalco formalized an agreement for the industrial…
Cameroon : 2.5 billion US dollars (1,500 billion Fcfa) to be pocketed by cocoa farmers in the coming season
The Minister of trade, Luc Magloire Mbarga Atangana, is announcing record revenues for cocoa producers during the campaign that begins…
Outstanding direct central government debt reaches 40.4% of GDP
The information was made public by the Autonomous Amortization fund (CAA). It is contained in the document presenting the monthly…
Cameroon: the emergency need to boost local palm oil production
Faced with ever-increasing demand for raw materials for the 2nd transformation industries, Cameroonian refiners are planning to tap the international…
Cameroon: studies launched for the Mbakaou hydroelectric plant in the septentrion, with a projected output of 250 to 300MW
Covering technical, environmental, social and financial studies, the contract was signed on Wednesday July 17 by the Managing Director of…
Program budget: to improve governance, Cemac draws inspiration from the Uemoa model
The leaders of these two sub-regional institutions exchanged experiences at a contact audience on July 15, 2024 at Uemoa headquarters…
Cameroon: consolidated figures for the financial statements of Cameroon Oil Depots company(SCDP) in 2023
The Ordinary General Meeting of SCDP, held this Tuesday, July 16, 2024 in Yaounde, approved the financial statements for the…
