June 5, 2026

Economic

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Cameroon’s Emergence as a Focal Point for Ivorian Foreign Direct Investments

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Cameroon’s Emergence as a Focal Point for Ivorian Foreign Direct Investments Cameroon, often referred to as “Africa in miniature” due to its diverse cultural and geographical landscape, is increasingly becoming a beacon for foreign direct investments (FDI) within the Central African region. Notably, it has emerged as a leading destination for Ivorian investments, particularly in…

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The African Development Bank’s Green Bond Initiative: A Leap Towards Sustainable Development

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The African Development Bank’s Green Bond Initiative: A Leap Towards Sustainable Development The recent launch of a €500 million green bond by the African Development Bank (AfDB) marks a significant milestone in sustainable finance. This move signifies a strong dedication to environmental stewardship and economic development in Africa, going beyond a mere financial transaction. Green…

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Chad’s Royal Airways Welcomes Embraer E140, Signaling Growth and New Services Across CEMAC Zone

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Chad’s Royal Airways Welcomes Embraer E140 Signaling Growth and New Services Across CEMAC Zone In a significant move for Central African aviation, Chad’s Royal Airways has announced the acquisition of its first Embraer E140 aircraft. This strategic addition to its fleet marks the airline’s ambitious expansion into the CEMAC zone’s regional market. The Embraer E140,…

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Construction Giants Levantina Ingeniera and Tecopy-Lic Secure Monumental Bridge Contract Worth 162.8 Billion CFA Francs, Marking a Major Development Milestone

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Construction Giants Levantina Ingeniera and Tecopy-Lic Secure Monumental Bridge Contract Worth 162.8 Billion CFA Francs, Marking a Major Development Milestone The construction sector in Cameroon is set to witness a significant boost with the awarding of a substantial contract for the construction of the second bridge over the Bénoué. The contract, valued at 162.8 billion…

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Cameroon’s Approach to Maintaining Stable Banking Operations in Cameroon Through Proactive Measures 2024

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Cameroon’s Approach to Maintaining Stable Banking Operations in Cameroon Through Proactive Measures 2024 Cameroon’s Innovative Approach to Safeguarding Bank Liquidity In the dynamic landscape of financial security, Cameroon has taken a proactive step with the establishment of the Fund for Deposits and Consignments (FDC). This strategic move is designed to bolster the liquidity of banks…

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Maize Importation in Cameroon Skyrockets, Up 229% from Last Year

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Maize Importation in Cameroon Skyrockets, Up 229% from Last Year In 2023, Cameroon experienced a significant shift in its agricultural import patterns, particularly concerning maize. The country saw its maize imports increase by a remarkable 229%, reaching the highest volume in five years. This surge is a clear indicator of the changing dynamics in Cameroon’s…

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AGL’s 20 Billion CFA Franc Investment Boosts Owendo Terminal with New Gantry Fleet

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AGL’s 20 Billion CFA Franc Investment Boosts Owendo Terminal with New Gantry Fleet The maritime industry in Gabon is set to experience a significant transformation, thanks to the ambitious investment of 20 billion CFA francs by Africa Global Logistics (AGL). This substantial financial injection is poised to modernize the Owendo Terminal, a pivotal gateway for…

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INS Reports Chad Ascends as Cameroon’s Top 5 Trade Partner in 2023

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INS Reports Chad Ascends as Cameroon’s Top 5 Trade Partner in 2023 In a significant development for Central African trade dynamics, Chad has emerged as one of Cameroon’s top five trade partners in 2023. This ascent is a testament to the strengthening economic ties and collaborative efforts between the two neighbouring countries. Chad, primarily known…

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Libreville’s New Floating Power Plant by Karpowership 2024

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Libreville’s New Floating Power Plant by Karpowership 2024  The Power of Innovation: Karpowership’s Floating Power Plant in Libreville In a move that exemplifies the innovative spirit of modern energy solutions, Turkish company Karpowership International is set to establish a floating power plant in Libreville, Gabon. This initiative is part of a broader trend of utilizing…

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BGFIBank Hits Record 95.8 Billion CFA Profit in 2023, Up 55%

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BGFIBank Hits Record 95.8 Billion CFA Profit in 2023, Up 55% The BGFIBank Group has reported a record performance for the fiscal year 2023, with a consolidated net profit of 95.8 billion CFA francs, marking a significant increase of 55% from the previous year. This remarkable growth is a testament to the group’s robust strategic…

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