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 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 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,…
Gabon’s rubber industry saw a remarkable 25.2% growth in 2023, hitting a record 12.3 billion CFA francs in revenue. Rubber extraction The Rubber Industry in Gabon: A Resilient Growth Amidst Global Challenges The year 2023 marked a significant milestone for Gabon’s rubber industry, as it witnessed a remarkable turnover of 12.3 billion CFA francs, registering…
Cameroon’s Beer Prices to Rise: Dovv Distributors Announce Prices Jumping by 100 CFA Francs Next Month Philippe Tagne Noubissi, CEO of Dovv The beer market in Cameroon is set to experience a price adjustment as Dovv Distributors, a key player in the distribution of alcoholic beverages, has announced an increase in beer prices by 100…
Cameroon’s Digital Leap: Quadrupling Farm Incomes If the country wins the challenge of defying all limits to the implementation of the digitalization project, it could be a game-changer in the transformation of small-scale agriculture. The digitalization of agriculture could multiply its revenues by 4In the heart of Central Africa, Cameroon is taking bold steps towards…
Congo Leads as Top Securities Issuer, March 2024 Dénis Sassou Nguesso’s country is followed by Gabon and Cameroon, whose respective outstanding amounts are 1,536.2 billion CFA francs (23.5%) and 1,453.9 billion CFA francs (21.8%). Jean Baptiste Ondaye, Minister of Economy and Finance of Congo According to the monthly statistics of CEMAC treasury values, the amounts…
Financing: Cameroon mobilized 388 billion CFA francs from its partners in the 1st quarter of 2024 Cameroon has also seen success in raising funds on the public securities market of the Bank of Central African States (BEAC), with a significant annual increase in funds raised through this channel. The country’s domestic debt, excluding payables In…
The ranking of economies in the CFA franc zone in 2024 The CFA franc zone, which brings together several countries in West and Central Africa, presents a diversified economic picture in 2024. According to data from the International Monetary Fund (IMF), Burkina Faso has achieved a remarkable performance by rising in fourth place among the…
Le Camerounais – Jonathan Tchamwa Tchatchoua – participera à la #NBA L’ascension de Jonathan Tchamwa Tchatchoua dans le monde du basketball est une source d’inspiration pour de nombreux jeunes athlètes, en particulier au Cameroun, son pays natal. Né le 21 avril 1999 à Yaoundé, Tchamwa Tchatchoua a commencé sa carrière sportive en jouant au football…
