Glencore affair: the first suspects are known The Serious Fraud Office (SFO), the British fraud office, has revealed the identities of the first five people prosecuted in the corruption scandal involving former senior executives of Glencore, a Swiss commodities trader in Cameroon, but also in Nigeria and Ivory Coast where they are accused of having…
Faith in Action: Mr. Ngum Samuel Leads Charge to Revitalize CBCHS with Christian Community’s Help A CLARION CALL TO ACTION: CONCERNED CHRISTIANS SHOULD SAVE THE CBCHS UNDER MR. NGUM SAMUEL FROM COLLAPSE. It has been a while since we, CONCERNED CHRISTIANS made an outing on the disgraceful happenings within the once mighty CBC. This has…
Tunisia-Cameroon Relations: A Future of Vast Cooperation, Says Mohamed Amine In an interview with EcoMatin, Mohamed Amine Ameur, the Chargé d’Affaires of the Tunisian Embassy in Cameroon, takes stock of his country’s participation in the 8th edition of the Cameroon International Crafts Fair (Siarc). And assesses the cooperation between the two countries. The statement by…
The Telecommunications Landscape in Congo: A New Era Under Mohammed Ruf ai’s Leadership With more than 24 years of experience in the telecommunications sector, the promoted person should continue to work to maintain MTN’s leadership in the Congolese telecommunications market. The telecommunications sector in Congo is on the cusp of a transformative era with the…
CEMAC: Chad’s Quest for 40 Billion CFA Francs – A Strategic Move for Economic Growth After a failure on its issue of 30 billion CFA francs in 2-year Treasury Bonds (OTA) remunerated at 6%, this member state of CEMAC is back with a large issue of 40 billion CFA francs in OTA. The Central African…
The Central African Republic’s Banking Sector: Navigating the New Increase in Loan Costs The National Economic and Financial Committee of the CAR sets new usury rates applicable to credit institutions in the country, by tightening the conditions for amortizable credits and overdrafts for households and SMEs. The Central African Republic (CAR) has recently witnessed a…
The Republic of Congo’s Ambitious Plan for Electricity Transmission Network Enhancement Despite the concessioning of most of its production facilities, the country continues to face a chronic energy crisis which, according to the IMF, is partly the cause of its economic slowdown. The Republic of Congo is embarking on a significant upgrade of its electricity…
Public service: towards an allocation of bonuses based on performance in Cameroon? According to sources from the Ministry of Civil Service and Administrative Reform, the proposal is under review by the Prime Minister. The concept of performance-based bonuses in the public sector is gaining traction globally as a means to enhance efficiency and accountability. In…
Société Générale signs an agreement to sell its Madagascar subsidiary to BRED Banque Populaire This transaction, subject to the usual suspensive conditions and regulatory authorizations, is in line with the French banking group’s plan to close its holding company in the Central and East Africa region. The decision by Société Générale to sell its subsidiary…
The Sugar Saga: Navigating Market Supply Challenges in Gabon 2024 update Officials from the Turkish group were urgently summoned on August 2 to Libreville by the Minister of Commerce, SMEs and SMIs responsible for income-generating activities, Parfaite Amouyeme Ollame, wife of Divassa. The acquisition of Sucaf by the Turkish conglomerate MFB International has marked a…
