Education
The Southern Cameroon Crisis and Its Impact on Education
The Southern Cameroon Crisis and Its Impact on Education The ongoing crisis in the Southern Cameroons has profoundly impacted the region’s education system. In the first half of 2024 alone, 48 attacks on schools have been reported by the United Nations Office for the Coordination of Humanitarian Affairs (OCHA). These attacks disrupt the educational process…
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Cemac: microfinance continues to juggle with Cobac regulations
Cemac: microfinance continues to juggle with Cobac regulations Despite notable growth in certain segments of the activity of microfinance institutions in the CEMAC zone, the sector remains undermined by persistent breaches of the regulations imposed by the Central African Banking Commission (Cobac). The microfinance sector within the Economic and Monetary Community of Central Africa (CEMAC)…
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Cameroon: MTN achieves a turnover of 181 billion CFA francs in the first half driven by internet and fintech services
Cameroon: MTN achieves a turnover of 181 billion CFA francs in the first half driven by internet and fintech services This performance represents an increase of 16% compared to the same period in 2023. In the dynamic landscape of Cameroon’s telecommunications sector, MTN Cameroon has emerged as a formidable player, achieving a remarkable turnover of…
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Telecoms: MTN Cameroon achieved a turnover of 316 billion CFA francs in 2023 (+28%)
Telecoms: MTN Cameroon achieved a turnover of 316 billion CFA francs in 2023 (+28%) Up by nearly 70 billion CFA francs compared to the previous financial year, the performance of the Cameroonian company contributed significantly to the increase in revenues of the South African group MTN. In the dynamic and competitive world of telecommunications, MTN…
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In Cameroon MTN Mobile Money activity increased by 28% in 2023
In Cameroon MTN Mobile Money activity increased by 28% in 2023 The subsidiary of the South African telecommunications giant MTN achieved a turnover of 59.3 billion CFA francs during the year 2023. In 2023, Cameroon witnessed a significant surge in the activity of MTN Mobile Money, marking a 28% increase from the previous year. This…
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Cameroon: Olivier Bagneki Hugues, CEO of Nsia Vie Assurances, dies five months after his appointment
Cameroon: Olivier Bagneki Hugues, CEO of Nsia Vie Assurances, dies five months after his appointment According to several sources, he died of a malaise Our thoughts are with his family, friends, and colleagues during this difficult time. May his soul rest in peace. The business community in Cameroon and beyond is mourning the loss of…
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Financial market: Bvmac crosses the $2 billion mark in global capitalization
Financial market: Bvmac crosses the $2 billion mark in global capitalization Driven by its bond compartment, the Central African Stock Exchange (Bvmac) experienced a growth of 26% between January and August 2024, crossing the 1,300 billion CFA francs mark in capitalization, or more than 2 billion US dollars. However, with a less dynamic equity compartment…
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Gabon acquires more than 200 machines to boost agricultural and construction activities
Gabon acquires more than 200 machines to boost agricultural and construction activities This acquisition comes after the validation of the National Development Plan for the Transition (Pndt) which requires more than 1,000 billion CFA francs over the period 2024-2026. In a significant move to bolster its agricultural and construction sectors, Gabon has recently invested in…
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The Duval Arno Group’s Foray into Cameroon’s Food Chain: A Strategic Expansion 2024
The Duval Arno Group’s Foray into Cameroon’s Food Chain: A Strategic Expansion 2024 The company, which wants to open around thirty quality structures in Douala, Yaoundé and Kribi by 2030, has just opened its first local supermarket in the Cameroonian economic capital. The Duval Arno Group, a conglomerate known for its significant presence in various…
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Cemac: Beac tries to withdraw 50 billion CFA francs from the banking system
Cemac: Beac tries to withdraw 50 billion CFA francs from the banking system After July marked by liquidity offers of a record amount of 470 billion CFA francs, the issuing institute of the CEMAC countries (Cameroon, Congo, Gabon, Equatorial Guinea, Chad and CAR) has just launched a new issue of securities paying 2.5%. The Central…
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