October 19, 2025

Economic

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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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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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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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Financial Aid Flowing: Cameroon Distributes 35 Billion CFA Francs for Economic Relief

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Financial Aid Flowing: Cameroon Distributes 35 Billion CFA Francs for Economic Relief Cameroon’s Commitment to Economic Recovery: A 35 Billion CFA Franc Allocation In a significant move to bolster economic recovery in areas impacted by various challenges, the Cameroonian government has earmarked a substantial sum of 35 billion CFA francs. This allocation is a testament…

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Cameroon Launches Ambitious 305 Billion CFA Franc Initiative to Elevate Dairy Production

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Cameroon Launches Ambitious 305 Billion CFA Franc Initiative to Elevate Dairy Production Cameroon’s Ambitious Plan to Revitalize the Dairy Sector In a bold move to revitalize its dairy sector, Cameroon has adopted a comprehensive plan worth 305 billion CFA francs. This initiative represents a significant investment in the country’s agricultural infrastructure and has the potential…

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Gabon’s Equatorial Mines Company Parts Ways with CEO Wesbert Moussounda Ngoumba

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Gabon’s Equatorial Mines Company Parts Ways with CEO Wesbert Moussounda Ngoumba The Corporate Shuffle: Wesbert Moussounda Ngoumba’s Departure from Equatorial Mines Company In the dynamic world of corporate leadership, change is often the only constant. The recent news from Gabon’s mining sector is a testament to this fact. Wesbert Moussounda Ngoumba, who has been at…

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The Evolution of Financial Management in Cameroon: The GUCE-Customs Brokers Partnership

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The Evolution of Financial Management in Cameroon: The GUCE-Customs Brokers Partnership In the dynamic landscape of Cameroon’s economy, the collaboration between the Single Window for Foreign Trade (GUCE) and customs brokers has marked a significant milestone in enhancing financial management within the country. This partnership, formalized through strategic agreements, has streamlined the process of tax…

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