30-10-2014 23:52:00 | by: Default Admin User | hits: 4321767 | Tags:

World Bank projects marginal economic growth for Central African states
20-01-2017 | 11:30:00
The World Bank has projected that the economic growth of most countries in the Central African Economic and Monetary Community (CEMAC) will slightly accelerate from 2017 to 2019, based on its latest economic perspectives.
[Cameroon] 412 microfinance institutions greenlighted to operate in 2017
18-01-2017 | 07:00:00
The Cameroonian Minister of Finance, Alamine Ousmane Mey, has published the list of 412 approved microfinance establishments, who are authorized to carry out their activities in Cameroon during 2017.
Cameroon optimistic of a 6 per cent economic growth despite dip in oil revenue
12-01-2017 | 14:35:00
Cameroon is optimistic that its economy will grow to 6 per cent in 2017 despite an introduction of new taxes meant to compensate for dwindling government revenue mostly from oil.
DR Congo expresses interest in Tanzania, Rwanda oil pipeline project
11-01-2017 | 15:30:43
The Democratic Republic of Congo (DRC) has expressed interest in Uganda’s crude oil pipeline project and has expressed commitment in participating in its implementation.
[Cameroon] Entry of ACAM Vie insurance shakes up and redefines industry
06-01-2017 | 16:05:00
The entry of insurance company Assurance du Cameroun Vie, in short ACAM Vie has shaken the industry while promising better days for individuals and companies.
[Cameroon] Eneo mulls moving operations to solar power with two 20 megawatts plants
23-12-2016 | 12:05:00
Eneo, owned by the British investment fund Actis and concessionaire of the public electricity service in Cameroon, has launched a call for expression of interest to recruit a partner who will develop two solar power plants in the northern area of the country. According to Eneo, the selected partner will have the status of independent electricity producer
Cameroon launches Professional Training Centers of Excellence with eye on job seekers
22-12-2016 | 06:07:00
Cameroon has opened two centers of excellence in two southern towns as it seeks to inculcate professionalism in youth and harness the power of job seekers to come up with solutions that can empower them and end joblessness among the growing young population and a deficit in unemployment.
DR Congo enlists Cameroon’s support in bond issue
16-12-2016 | 06:15:00
Financia Capital, a financial firm founded by Cameroonian Serge Yanic Nana; Attijari Securities Central Africa, an asset management company created in Cameroon by the Moroccan banking group Attijariwafa
Cameroon top banana producer in Africa-Caribbean-Pacific region
14-12-2016 | 15:16:28
Cameroon has overtaken Côte d’Ivoire to become the largest producer of bananas in Africa-Caribbean-Pacific (ACP) zone, with a record production of 278,450 tonnes in 2015, the Head of the European Union delegation in Cameroon, Françoise Collet has said.
Illegal trade of diamonds from Central African Republic to Cameroon financing conflict, study
08-12-2016 | 16:14:55
Illicit trafficking of diamonds from the Central African Republic (CAR) into neighbouring Cameroon continues to partially finance an almost three-year conflict, a new report has shown.
Orange and Intelsat S.A renew deal to increase penetration of 3G in Cameroon
08-12-2016 | 06:43:17
Orange Group has renewed an agreement for satellite solutions with Intelsat S.A. in Cameroon.
[ DR. Congo] Kisenge Mining in stake hunt for Mpokoto gold project
07-12-2016 | 14:21:09
Armadale Capital PLC has announced that Kisenge Mining Pty Ltd has exercised its option to take a stake in the Mpokoto gold project in the Democratic Republic of Congo and to operate the asset.
Fitch Ratings classifies Cameroon economic outlook at a stable ‘B’
06-12-2016 | 15:44:00
International ratings agency, Fitch has affirmed Cameroon’s long term foreign and local currency issuer default ratings (IDRs) at ‘B’ with a Stable Outlook.
Cameroon, Morocco trade hits record $88 million this year
29-11-2016 | 15:22:05
Commercial exchanges between Cameroon and Morocco have risen to a record $98 million this year in what is being attributed to cordial relations between the two countries according to statistics from the Chamber of Commerce, Industries, Mine and Arts (CCIMA) of Cameroon.
[Cameroon] Government supports eight local companies with eye on private investment and job creation
28-11-2016 | 11:16:19
The government of Cameroon has signed agreements with eight local companies giving them access to the advantages provided in the 2013 Act on promoting private investment in Cameroon, granting the beneficiaries different exemptions over a period of 5 to 10 years.
[Cameroon] SME Promotion Agency partners with MTN to link 20,000 SMEs to ICT
24-11-2016 | 06:18:54
The Agence de promotion des PME (APME - SME Promotion Agency) in Cameroon and the local branch of mobile operator MTN International, have signed an agreement to support 20,000 Cameroonian SMEs in getting connected to ICT.
Societe Generale partners with American Express with eyes on customers in eight African countries
23-11-2016 | 15:51:29
French multinational banking and financial services company Societe Generale has signed a merchant acquiring partnership with American Express in eight countries in Sub-Saharan Africa where the bank operates.
[Chad] Exxon Mobil Corp negotiating record $74 billion fine with government over royalties dispute
23-11-2016 | 12:58:08
World’s biggest oil producer by market value EXXON Mobil Corp is negotiating with Chad’s government about a record $74 billion fine the oil company was told to pay last month by a court in the Central African nation for a dispute over royalties.
[DR Congo] Government reduces visa fee for Tanzanians and Ugandans
03-11-2016 | 12:13:07
The government of the Democratic Republic of Congo has announced the reduction of Visa fee for Tanzanians and Ugandans by half from 100/-US dollar to 50/- US dollar with effect from November 1, 2016.
[Cameroon] Victoria Oil and Gas launches development drilling at its gas fields
02-11-2016 | 14:50:07
Victoria Oil and Gas PL has spudded two development wells at its Logbaba gas field in Cameroon.
MTN Cameroon partners with University of Ngaoundere to allow students pay fees via mobile money
31-10-2016 | 08:25:19
MTN Cameroon has partnered with the University of Ngaoundere in what will see students at the university access MTN services.
Ctrack partners with Cameroon taxi union in vehicle tracking initiative
28-10-2016 | 13:53:02
Vehicle tracking and fleet management company Ctrack, a subsidiary of Novatel Wireless has partnered with Cameroon National Taxi Union to provide vehicle tracking and driver behavior monitoring to the taxi industry in the Republic of Cameroon.
Cameroon eyes Central Africa automotive industry with local assembling plant
26-10-2016 | 15:52:25
Cameroon will, in a year’s time, start assembling cars with a target of the Central Africa and African market following government’s investment in assembling plant.
[Cameroon] Nestlé mulls upgrading plant to boost production units
19-10-2016 | 13:03:23
Global wellness company Nestle, through its Cameroon subsidiary is planning to launch the extension works of its production plant in Douala, in the economic capital of the country. The investment, worth a total of $16 million will make available to the food industry the benefits provided by the 2013 law on promoting private investment in the Republic of Cameroon.
SAA Promotes Interconnectivity in Africa by introducing a new sector to its Route Network
01-07-2016 | 11:34:26
South African Airways (SAA), the leading carrier on the African continent, has enhanced its Central African route network with the main focus being on a much improved service offering to its ever growing client base.
Nestlé Central and West Africa launches new Nestlé in society report
14-06-2016 | 18:12:00
The new Nestlé Central and West Africa – Nestlé in society 2015 report has been launched. It is the first report by Nestlé in the Central and West Africa Region (CWAR) that provides insight into the company’s progress in the areas of nutrition, water and environmental and social sustainability in the region.
Nestlé creates digital baby-nutrition platform for parents in Central and West Africa
21-03-2016 | 09:21:00
Parents and mothers-to-be can source guidance and expert advice on good nutrition for their babies through Nestlé’s new Start Healthy Stay Healthy Facebook pages in Ghana and Nigeria.
UNICEF:ICTs marked as levers for Intra-regional trade in Central Africa
23-02-2016 | 12:15:16
Central Africa is the area of the continent with the lowest intra-community trade volume, though it may rapidly increase it by using Information and Communication Technologies (ICTs).
[Nestle] Supporting and driving compliance in Central and West Africa
17-12-2015 | 13:47:11
Nestlé’s way of doing business, which it calls ‘Creating Shared Value’, aims to provide opportunities and improve livelihoods for the communities in which it operates, while developing its own activities.
Nestlé’s digital ‘Healthy Living Africa’ campaign helps consumers to reduce salt intake across Central and West Africa
18-11-2015 | 11:34:00
Nestlé in Central and West Africa has reached millions of Africans in the region through a digital campaign on cutting salt in their diets.
‘Choose Wellness, Choose Nestlé’ campaign launched in Central and West Africa
04-11-2015 | 13:39:10
Nestlé in Central and West Africa has launched its ‘Choose Wellness, Choose Nestlé’ campaign to raise awareness about the company’s nutrition, health and wellness impact in the region.
Nestlé in Central and West Africa promotes healthy kids on International Chefs Day
22-10-2015 | 13:45:00
Nestlé in Central and West Africa is leading activities across the region to mark International Chefs Day on October 20, 2015.
IMF Executive Board Approves US$11.8 Million Disbursement Under the Rapid Credit Facility for the Central African Republic
16-09-2015 | 08:23:43
On September 14, 2015, the Executive Board of the International Monetary Fund (IMF) approved SDR 8.355 million (about US$11.8 million) in financial assistance for the Central African Republic (C.A.R.) under the Rapid Credit Facility (RCF)1 to assist the authorities to meet urgent balance of payments of needs and to support the authorities’ emergency economic recovery program.
Nestlé Central and West Africa committed to youth employment
14-08-2015 | 12:27:00
Nestlé Central and West Africa has two initiatives focused around selling hot Nescafé in crowded areas and open markets while creating job opportunities for youth.
Nestlé Central and West Africa to strengthen Healthy Kids Programme
14-07-2015 | 12:46:00
Nestlé Central and West Africa (CWAR) has held a workshop with the partners of its Healthy Kids programme to share best practices and discuss how to strengthen and scale up the initiative in the region.
[Central Africa] Visa launches #NotATourist campaign
15-06-2015 | 13:09:46
The initiative aims to drive international tourism during holidays, and reward cardholders during the summer holidays.
ASKY reaches the 2 million passenger milestone
11-06-2015 | 12:52:57
ASKY has today announced that it has reached the milestone of 2 million passengers transported on its flights since commencing operations in 2010. ASKY currently operates over 150 flights and covers 22 cities in 19 countries across West and Central Africa.
Nestlé reinforces environmental commitments in Central and West Africa
09-06-2015 | 12:19:00
Nestlé reaffirms its commitment to environmentally sustainable business practices by ensuring that its products are not only tastier and healthier, but are also better for the environment along their value chain.
The forest industry – game-changer for Central Africa
09-03-2015 | 12:36:00
As host to the Congo Basin – the world’s second forest expanse, Central has to take advantage of the opportunities that the forest industry offers for the sub-region’s transformation.
Riverbed Promotes Elie Dib to Managing Director for MENA, West & Central Africa
09-03-2015 | 12:00:00
Riverbed Technology, the leader in application performance infrastructure, has promoted Elie Dib to the position of Managing Director for the Middle East and North, Central and West Africa (MENA) region.
African legislators urged to help create environment for factoring
13-11-2014 | 12:40:00
Legislators and regulators should assist African businesses to take advantage of the benefits of factoring as a trade finance instrument by creating enabling environments for the flourishing of the instrument, the African Export-Import Bank (Afreximbank) has urged.
Experts to deliberate on improving the Business climate in Central Africa
12-11-2014 | 12:32:31
From 1- 2 December 2014, Cameroon’s economic capital, Douala, will host an ad hoc expert group meeting on “improving the business climate in Central Africa”.
ECCAS: Fund for the Green Economy in Central Africa;Focus on Timber
31-10-2014 | 14:48:00
The ministers of Central African countries are taking a decisive step toward the creation of a green economy, with a focus on the timber industry
The ministers of Central African countries are taking a decisive step toward the creation of a green economy, with a focus on the timber industry
31-10-2014 | 10:50:00
Conference of Ministers of ECCS on the Fund for the Green Economy in Central Africa: ministers from the region have adopted a text establishing the Fund for the Green Economy in Central Africa.
Emirates Launches Second Daily A380 Service to Mauritius
28-10-2014 | 11:28:00
Offering an additional capacity of 1890 seats per week, the second A380 service replaces the existing Boeing 777 operation. It will have a capacity of ...
LG appoints new MD for Kenya
29-09-2014 | 11:17:00
LG has appointed South Korean national Tae-Ick Son as MD for Kenya. Son will also be in charge of LG's East and Central Africa business. He was a global ...
IMF Completes Sixth Review Under the Central African Republic’s ECF Arrangement and Approves US$13.1 Million Disbursement
27-08-2010 | 14:09:00
  The Executive Board of the International Monetary Fund (IMF) approved today the sixth review of the Central African Republic (C.A.R.)’s performance ...