According to the conclusions of the board meeting held in Yaoundé on July 11, 2025, during the 2024 budget year, Electricity Development Corporation (EDC), the public infrastructure company in the electricity sector in Cameroon, achieved a net profit of 20.5 billion CFA francs (35 million USD). An increase of 12 billion CFA francs, after taxes…...
Trending
- Liberia: Jewel Howard-Taylor regains freedom under judicial supervision following George Weah’s eventful visit to the prison
- Senegal: IMF, PTDS, the stakes and challenges of a new start
- Administered or liberalized cocoa: Cameroonian farmers savor
- Ivory Coast: FMO grants 20 million euros to Ivory Cocoa Products
- Kenya Airways: Habil Waswani appointed interim CEO
- Moody’s Downgrade: Senegal Facing the Urgency to Reinvent its Financing Model
- Alan acquires Senegalese company Tanel
- DRC: Sofibanque increases its total assets to 1.44 billion USD in 2025
Cameroon: in 2024, EDC achieved a net profit increase of 35 million USD
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com