Central African States Urged to Act on Wealth Decline, Vulnerability
Report outlines six reform priorities to build resilience and reverse falling per capita wealth in the Central African Economic and Monetary Community
Business
Cameroon, Chad Open Bridge to Boost Cross-Border Trade
YAGOUA, Cameroon — The prime ministers of Cameroon and Chad inaugurated a new bridge over the Logone River on Monday, a key step in improving trade and regional integration under the African Continental Free Trade Area (AfCFTA) . The bridge links the Cameroonian town of Yagoua with Bongor in Chad. It includes 14.2 kilometers (8.8 miles) … Read more
Call for Investment and Economic Growth at Cameroon Economic Meetings
Yaoundé, Cameroon (BG) – A strong call for increased investment and economic revitalization took center stage at the Cameroon Economic Meetings, where business leaders and policymakers gathered to explore pathways for sustainable growth. With Cameroon facing economic challenges, the event aimed to mobilize local and international investors while fostering policies to drive industrial transformation and … Read more
Cameroon Launches New Platform to Modernize Public Administration
YAOUNDÉ, Cameroon (BG) – The Cameroonian government has unveiled a groundbreaking initiative to streamline and digitize administrative and financial procedures, taking a significant step toward modernizing its public administration. Joseph LE, Minister of Public Service and Administrative Reform, announced the launch of the “AIGLES” platform on Monday. The platform, set to launch on Jan. 1, 2025, … Read more
Cameroon Secures €330 Million from African Development Bank to Boost Douala-N’Djamena Corridor
DOUALA, Cameroon (BG) – The African Development Bank Group (AfDB) has approved two loans totalling €330.48 million to Cameroon for the reconstruction of a key segment of the Douala-N’Djamena Economic Corridor, a vital artery for trade between Cameroon and Chad. The funding, approved this week at the bank’s headquarters in Abidjan, Ivory Coast comprises €318.24 … Read more