Africa
Cameroon’s G-Stones and Shanghai SBM Announce Landmark Mobile Crusher Project
Cameroon’s G-Stones and Shanghai SBM Announce Landmark Mobile Crusher Project MINING The mining industry in Cameroon is set to take a significant leap forward with the recent partnership between G-Stones Resources SA and the Chinese firm Shanghai SBM. This collaboration aims to construct a state-of-the-art mobile crusher with the capacity to process 1000 tonnes per…
Tunisian investors are drawn to Cameroon’s robust potential, as highlighted by Nabil Ammar.
Tunisian investors are drawn to Cameroon’s robust potential, as highlighted by Nabil Ammar. Nabil Ammar, Minister of Foreign Affairs, Migration and Tunisians Abroad The recent visit of Tunisian Foreign Minister Nabil Ammar to Cameroon has marked a significant milestone in the bilateral relations between Tunisia and Cameroon. The visit, which included meetings with Tunisian companies…
The Acquisition of MultiChoice by Canal+: A Strategic Move in the African TV Market
The Acquisition of MultiChoice by Canal+: A Strategic Move in the African TV Market Vincent Bolloré The recent announcement of Canal+’s acquisition of MultiChoice marks a significant shift in the African television landscape. This move is part of a broader strategy by the Bolloré Group, which controls Canal+, to expand its influence and become a…
The move marks a significant step in restarting the nation’s industrial and refrigeration sector after two decades.
The move marks a significant step in restarting the nation’s industrial and refrigeration sector after two decades. The relaunch of this Gabonese company will, according to the authorities, enable the development of a real industry for processing fishery resources in Gabon. Gabon’s Strategic Move: Acquiring Ships to Revitalize the Industrial and Refrigeration Sector After two…
BEAC’s Latest Reveal: A Gleaming 200 CFA Franc Coin!
BEAC’s Latest Reveal: A Gleaming 200 CFA Franc Coin! Some coins The Bank of Central African States (BEAC) is set to introduce a new series of coins this year, with a special highlight on the 200 CFA francs coin. This move comes as a significant development in the monetary landscape of the CEMAC region, which…
Ministry of Commerce in Cameroon launches move to lower basic food prices
Ministry of Commerce in Cameroon launches move to lower basic food prices In a decisive move to tackle the rising cost of living, the Ministry of Commerce in Cameroon has initiated a comprehensive strategy to lower the prices of basic food items. This action comes in response to the escalating prices that have significantly affected…
Cameroon’s Major Debt Repayment: 141 Billion CFA to China in Early 2024
Cameroon’s Major Debt Repayment: 141 Billion CFA to China in Early 2024 CAA headquarters Cameroon’s Debt Service to China: A Closer Look at the Numbers In the first quarter of 2024, Cameroon made a significant debt service payment to China, amounting to 141 billion CFA francs. This payment is part of Cameroon’s broader efforts to…
Ethiopian Airlines Expands: Douala Route Gets 4 Extra Flights!
Ethiopian Airlines Expands: Douala Route Gets 4 Extra Flights! An Ethiopian Airlines plane Ethiopian Airlines, Africa’s largest airline, has recently expanded its operations with the addition of four new flights to and from Douala, Cameroon. This strategic move is set to enhance connectivity and foster economic growth in the region. Douala, the economic capital of…
Turkey’s MFB acquires Sucaf Gabon from France’s Somdiaa
Turkey’s MFB acquires Sucaf Gabon from France’s Somdiaa A sugar complex in Sucaf In a significant move within the African sugar industry, Turkey’s MFB International has acquired a majority stake in Sucaf Gabon, previously controlled by France’s Somdiaa, for a symbolic one franc. This transaction marks a pivotal shift in the sugar sector of Gabon…
Patrice Motsepe plans 360B CFA franc investment in Congo phosphate mining by 2025.
Patrice Motsepe plans 360B CFA franc investment in Congo phosphate mining by 2025. Patrice Motsepe The African continent continues to be a focal point for mining activities, and the latest development comes from the Republic of Congo, where South African billionaire Patrice Motsepe is set to make a significant investment in phosphate mining. The investment,…

