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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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Cameroon: 39.5 million US dollars (23.9 billion FCFA) of remaining projects make it possible to expand the northern entrance line of the city of Yaounde
These include US$34.4 million (FCFA20.8 billion) from the implementation of the transport sector support project, phase I for the construction…
How Africa is negotiating the race to Artificial Intelligency
As the world moves towards a digital transition, African leaders are taking a keen interest in the technological revolution (Artificial…
Cameroon: Proparco increases Afriland First Bank’s guarantee line to finance imports against a backdrop of inflation
From an initial amount of 15 million euros (9.839 billion FCFA) in 2022, this guarantee line now amounts to 20…
Cameroon: 2025-2027 action plan of the Islamic Development Bank (IDB)
A mission from the bank, which will be in Cameroon until July 13th, is currently presenting the guidelines to the…
Africa: business of watermelon production, a promising activity
Watermelon has become one of Africa's most profitable crops. It is even becoming an important source of income, especially for…
Chad: Mahamat Idriss Déby will visit France on July 15th
This visit is scheduled when the French media are reporting that the President of the Republic of Chad is the…
Cameroon exports 100 tons of aluminium ingots to Algeria, as part of the African Continental Free Trade Zone (Zlecaf)
Zlecaf opens doors that were previously closed realizing the potential of a market of 1.3 billion consumers, ready to rival…
Cameroon: more than 100 million USD from the United Arab Emirates to be captured by Cameroonian investors
This is part of a pilot program called "UAE-Africa Gateway" launched by the UAE Ministry of Economy in partnership with…
Cameroon: BAD guarantees 330 million euros for reconstruction of the Ngaoundere-Garoua road
According to Joseph Nguessan, Head of the Infrastructure Division at the African Development Bank, these funds will have to be…
Gabon: BICIG becomes AFG Bank Gabon with capital of US$88 million and record earnings of US$34 million
This decision, widely debated at a double Ordinary and Extraordinary General Meeting held on June 21st, 2024, organized by International…
