June 20, 2025
Headlines
Central African Minister of Finance Hervé Ndoba chairing a session of the CNEF

The Central African Republic’s Banking Sector: Navigating the New Increase in Loan Costs

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The Central African Republic’s Banking Sector: Navigating the New Increase in Loan Costs The National Economic and Financial Committee of the CAR sets new usury rates applicable to credit institutions in the country, by tightening the conditions for amortizable credits and overdrafts for households and SMEs. The Central African Republic (CAR) has recently witnessed a…

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Power lines

The Republic of Congo’s Ambitious Plan for Electricity Transmission Network Enhancement

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The Republic of Congo’s Ambitious Plan for Electricity Transmission Network Enhancement Despite the concessioning of most of its production facilities, the country continues to face a chronic energy crisis which, according to the IMF, is partly the cause of its economic slowdown. The Republic of Congo is embarking on a significant upgrade of its electricity…

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Cameroonian Minister of Public Service, Joseph Le

Public service: towards an allocation of bonuses based on performance in Cameroon?

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Public service: towards an allocation of bonuses based on performance in Cameroon? According to sources from the Ministry of Civil Service and Administrative Reform, the proposal is under review by the Prime Minister. The concept of performance-based bonuses in the public sector is gaining traction globally as a means to enhance efficiency and accountability. In…

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The headquarters of Société Générale in Madagascar

Société Générale signs an agreement to sell its Madagascar subsidiary to BRED Banque Populaire

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Société Générale signs an agreement to sell its Madagascar subsidiary to BRED Banque Populaire This transaction, subject to the usual suspensive conditions and regulatory authorizations, is in line with the French banking group’s plan to close its holding company in the Central and East Africa region. The decision by Société Générale to sell its subsidiary…

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Gabonese Minister of Commerce Parfaite Amouyeme and MFB representatives

The Sugar Saga: Navigating Market Supply Challenges in Gabon 2024 update

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The Sugar Saga: Navigating Market Supply Challenges in Gabon 2024 update Officials from the Turkish group were urgently summoned on August 2 to Libreville by the Minister of Commerce, SMEs and SMIs responsible for income-generating activities, Parfaite Amouyeme Ollame, wife of Divassa. The acquisition of Sucaf by the Turkish conglomerate MFB International has marked a…

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[Press release] Glencore case: in Cameroon, the National Hydrocarbons Company welcomes the progress of the proceedings

[Press release] Glencore case: in Cameroon, the National Hydrocarbons Company welcomes the progress of the proceedings

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[Press release] Glencore case: in Cameroon, the National Hydrocarbons Company welcomes the progress of the proceedings The Managing Director of the Société Nationale des Hydrocarbures (SNH), Adolphe Moudiki, informs national and international opinion that the managers and employees of the Glencore company, perpetrators of acts of corruption committed to the detriment of the SNH, have…

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passport

The Power of Mobility: Ranking the Most Powerful Passports in the CEMAC Zone in 2024

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The Power of Mobility: Ranking the Most Powerful Passports in the CEMAC Zone in 2024 The Economic and Monetary Community of Central Africa (CEMAC) is a union comprising six states: Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo. The mobility and freedom of travel for citizens within this zone…

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passport

The Cameroonian Passport: Navigating International Mobility in the CEMAC Zone a 2024 update

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The Cameroonian Passport: Navigating International Mobility in the CEMAC Zone a 2024 update The Cameroonian passport, a symbol of national identity and pride, has been a topic of discussion in recent times, especially when it comes to its strength and the mobility it offers to its holders within the Central African Economic and Monetary Community…

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passport

The Gabonese Passport: A Symbol of Mobility and Integration in the CEMAC Zone

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The Gabonese Passport: A Symbol of Mobility and Integration in the CEMAC Zone The Economic and Monetary Community of Central Africa (CEMAC) has long been a proponent of regional integration, and the introduction of the CEMAC biometric passport stands as a testament to this commitment. The recent report highlighting the Gabonese passport as the most…

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passport

The Cameroonian Passport: A Gateway to Global Mobility in 2024

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The Cameroonian Passport: A Gateway to Global Mobility in 2024 The Cameroonian passport, a symbol of national identity and pride, has been a topic of interest for those keen on global travel and mobility. According to the latest data from Henley & Partners, as of 15 June 2024, Cameroonian citizens enjoy visa-free or visa-on-arrival access…

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