December 7, 2025

labah princely

The governor of the Beac, Yvon Sani Bangui

Economic Alert: BEAC Governor Highlights Fuel Import Crisis 2024

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Economic Alert: BEAC Governor Highlights Fuel Import Crisis 2024 The Economic and Monetary Community of Central Africa (CEMAC) has been facing a significant challenge with the massive importation of fuel, which has caused distress to the region’s economic stability. The governor of the Bank of Central African States (BEAC), Yvon Sana Bangui, appointed in March…

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The work of the National Statistical Information System, chaired by the DG of the INS

Government of Cameroon Announces Five-Year, 166 Billion CFA Franc Initiative for Statistical Development

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Government of Cameroon Announces Five-Year, 166 Billion CFA Franc Initiative for Statistical Development Cameroon’s Statistical Development: A 166 Billion CFA Francs Vision In a bold move to enhance the nation’s statistical capabilities, the Cameroonian government has announced an ambitious plan to mobilize 166 billion CFA francs over the next five years. This initiative is a…

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Cement is expensive in CAR

Ngaoundéré’s Inflation Confirmed as Cameroon’s Most Expensive City Amid Rising Inflation

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Ngaoundéré’s Inflation Confirmed as Cameroon’s Most Expensive City Amid Rising Inflation Ngaoundéré, the bustling capital of Cameroon’s Adamawa region, has been ranked as the most expensive city in the country for the third consecutive year, with an inflation rate nearing 8%. This persistent rise in the cost of living has outpaced the national average, placing…

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Chad-Cameroon Pipeline: New Route for Niger’s Oil Exports to China

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Chad-Cameroon Pipeline: New Route for Niger’s Oil Exports to China The Geopolitics of Hydrocarbons: Niger’s Pivot to the Chad-Cameroon Pipeline In the intricate tapestry of global energy politics, the recent developments involving Niger’s decision to reroute its crude oil exports through the Chad-Cameroon pipeline to reach the Chinese market is a narrative of resilience, strategic…

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Halting Hostilities in Northwest and Southwest: Group Empowers 50 Young Individuals for Peaceful Community Projects

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Halting Hostilities in Northwest and Southwest: Group Empowers 50 Young Individuals for Peaceful Community Projects Reconciliation and Development Association trains 50 youth in conflict resolution and equips them to launch peaceful community initiatives aimed at promoting dialogue in Cameroon’s war-torn North West and South West regions. In the quest for peace and stability in the…

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BEAC’s Strategic Monetary Tightening Curbs Inflation in CEMAC

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BEAC’s Strategic Monetary Tightening Curbs Inflation in CEMAC The Central African Economic and Monetary Community (CEMAC) has been facing significant economic challenges, particularly with inflationary pressures that have threatened the financial stability and purchasing power within the region. The Bank of Central African States (BEAC), which serves as the central bank for the six nations…

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Glencore says it bribed SNH and Sonara with CFA 7billion

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Glencore says it bribed SNH and Sonara with CFA 7billion (Business in Cameroon) – The U.S. Department of Justice and the UK Serious Fraud Office announced last May 24 that the Anglo-Swiss multinational Glencore pleaded guilty to bribes in several countries, including Cameroon. “Between approximately 2007 and 2018, Glencore and its subsidiaries caused approximately $79.6 million…

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Cameroon Seeks $371.4M in Aid to Support 2.3M Vulnerable Citizens in 2024

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Cameroon Seeks $371.4M in Aid to Support 2.3M Vulnerable Citizens in 2024 The Cameroon Humanitarian Response Plan 2024: A Comprehensive Strategy for Aid and Resilience In 2024, Cameroon faces a significant humanitarian challenge, with 3.4 million people in need of assistance due to ongoing conflicts, climate shocks, and disease outbreaks. The Cameroon Humanitarian Response Plan…

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Gabon Secures 91 Billion CFA Franc Loan from BIRD for Digital and Statistical Advancement

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Gabon Secures 91 Billion CFA Franc Loan from BIRD for Digital and Statistical Advancement In a significant economic development, Gabon is set to secure a loan of 91 billion CFA francs from the International Development Association (IDA), a part of the World Bank Group known as BIRD in French. This move is aimed at financing…

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Leadership Shift: Georges Fotso Spearheads ASCA Asset Management

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Leadership Shift: Georges Fotso Spearheads ASCA Asset Management The financial landscape of Cameroon has witnessed a significant development with Georges James Ndzutue Fotso taking the helm of ASCA Asset Management. This move marks a pivotal moment for the asset management firm, which is a franchise of the Attijariwafa bank group, responsible for portfolio management within…

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