The evaluation in Cameroon of 100 approved companies supported by the Investment Promotion Agency (API) has shown that they have generated an investment volume of approximately FCFA 987 billion and created 12,050 direct jobs, between 2014 and 2019. CEO of the API, Marthe Angeline Mindja, who disclosed this information on...

The “Société de développement du coton” (Sodecoton) signed, on January 30, 2023, in Garoua, the capital of Northern Cameroon, a financing agreement with the European Union (EU) for 6.5 billion CFA francs, or about $11 million.  According to the parties, these funds will be used for Sodecoton's energy transition. This...

The French president begins a new African tour on July 25 in Cameroon, Benin and Guinea-Bissau. A tour intended to ""keep the thread of the renewal of France's relationship with its African partners" according to the Elysée Palace. He will be accompanied by the Ministers of Foreign Affairs, the Armed...

Gabonese airline Afrijet recently appointed Fadimatou Noutchemo-Simo as Managing Director in Cameroon. Her mission will be to support the development of Afrijet in Cameroon and contribute to its outreach in this member country of the Economic and Monetary Community of Central Africa (CEMAC). Par Bylkiss Mentari  Fadimatou Noutchemo-Simo, Cameroonian national,...

The Conference of Heads of State of CEMAC (Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad) has appointed Cameroonian Dieudonné Evou Mekou as President of the Development Bank of Central Africa (Bdeac). He succeeds the Equato-Guinean Fortunato-Ofa Mbo Nchama, who has reached the end of his mandate. The...

Following the postponement of the 2021 Africa Cup of Nations last year due to the Covid pandemic, the 33rd Africa Cup of Nations (AFCON) was finally kick off in the Cameroon capital of Yaounde on 9 January. Beyond the sporting aspect, the most popular event on the continent has major...

Work on the new bridge linking Cameroon Ekok to Nigeria Mfum has been completed.The project was born of the desire of Cameroon and Nigeria to increase their trade. It was financed by loans from the African Development Fund as part of the transport facilitation program in the Bamenda Mamfe Ekok...

In Meyo-Kié in the province of Woleu-Ntem, Gabon and Cameroon have inaugurated a digital interconnection infrastructure. This achievement is part of the Central African Backbone (CAB) project, which aims to establish a fiber optic Internet backbone connecting the Central African states....

The World Bank's Executive Directors approved, on 11 March 2021, an additional 22.5 million dollars (about 12.3 billion CFA francs), to finance the Regional Off-Grid Electricity Access Project (Rogeap). This envelope, it is learnt, comes in addition to the 217.2 million dollars (119.3 billion FCFA) approved within the framework of...

After their recent meeting with Prime Minister Joseph Dion Ngute in Yaoundé, a delegation from the Turkish electricity company Karpowership, led by its commercial director, Zeynep Harezi, offered to produce electricity at a cost of less than 40 FCFA kWh. Electricity would be produced from a ship off Douala with...