Author: benberga@yahoo.fr

In twelve months, from June 2024 to June 2025, the total outstanding Treasury securities increased from 6,871.7 billion CFA francs (12.02 billion USD) to 8,672.4 billion CFA francs (15.2 billion USD). This represents a 26.2% year-on-year increase. This information was made public by the Central Bank of Central African States (BEAC) in its latest report...

The Prime Minister of Cameroon, Joseph Dion Ngute, laid the foundation stone for the construction of an integrated pharmaceutical complex in Yaoundé, the capital of the country, on October 3, 2025. The cost of the project is estimated at over 530 billion CFA francs (948.7 million USD). This project is the result of a Sino-Cameroonian...

The International Finance Corporation (IFC), a subsidiary of the World Bank Group specializing in financing the private sector, is preparing to open an office in Libreville “in the coming weeks.” A physical presence that, according to the IFC, should “strengthen cooperation with the Gabonese authorities, ensure close monitoring of ongoing projects, and accelerate the identification...

In Congo, the 2026 Finance Bill provides for the disappearance of the Personal Income Tax (IRPP), deemed “complex and prone to abuse” by the Minister of Finance, Christian Yoka. During a meeting with the private sector held on September 30, 2025 in Brazzaville, he announced “the replacement of the IRPP by four new taxes: Income...

In its recent report on informal cross-border trade in 2024, the National Institute of Statistics of Cameroon (INS) reveals that 50.6% of the country’s informal imports were destined for Chad. This represents a monetary value estimated at 108.8 billion CFA francs (195 million USD). With such a high level of capture of these flows, Chad...

In Cameroon, in 2024, foreign direct investments (FDI) reached 529 billion CFA francs (929 million USD). This information was revealed by the United Nations Conference on Trade and Development (UNCTAD) in its 2024 activity report. It indicates that this performance is up by 10.8% on an annual basis. Indeed, in 2023, the country had only...

Canadian oil company ReconAfrica has just secured funding of 4.37 billion CFA francs (approximately 7.6 million USD) to support its activities in the Ngulu block, an offshore area renamed from the former C-7 block, in Gabon, covering 1,214 km² in shallow waters. This investment is the result of a production sharing contract (PSC) signed on...

In 2024, approximately 178 billion XAF (nearly 315 million USD) in non-performing loans are recorded in microfinance institutions (MFIs) operating in the six countries (Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad) of the Economic and Monetary Community of Central Africa (CEMAC). This is revealed in the 2024 annual report of the Central...

To date, the agreements concluded between Gabon and the African Export-Import Bank (Afreximbank) are estimated at over 1.7 trillion CFA francs (3 billion USD). In addition to these funds allocated to strategic projects such as local manganese processing, strengthening energy production, and modernizing the railway network, an additional 130 billion CFA francs (nearly 230 million...

According to the report on the liquidity offer of 550 billion CFA francs (371 million USD) issued on September 18, 2025 by the Bank of Central African States (BEAC) to commercial banks operating within the countries of the Economic and Monetary Community of Central Africa (CEMAC), these credit institutions have expressed financial needs of 638.5...

On September 15, 2025 in Douala, Cameroon, during its traditional annual meeting with the managers of microfinance institutions (MFIs) of the Central African Economic and Monetary Community (CEMAC), the Banking Commission of Central Africa (COBAC) recommended to its hosts “strengthening internal control within their structures”. Not without specifying that “this internal control is not only...

According to its evaluation report of candidates for the positions of commissioners of the Economic Community of Central African States (ECCAS), the Forvis Mazars firm, in charge of the selection process, has selected three Cameroonian profiles. Among them is Jacob Kotcho Bongkwaha, who came first out of the 52 candidates selected for the Common Market,...

In Equatorial Guinea, Chevron Corporation, the second largest oil company in the United States after Exxonmobil, will be responsible for transporting the gas produced in Block I to Punta Europa, a neighborhood in Malabo, the capital of the country. The information was revealed on September 12, 2025 on the official website of the Presidency of...

The Central Bank of Central African States (BEAC) recommends to the Cameroonian government a “revision of the fiscal and parafiscal framework applied to the export of Cameroonian cocoa”. The information was made public on September 10, 2025 in the June 2025 economic and statistical bulletin of the central bank. The BEAC argues that, despite the...

According to the terms of a decree signed on September 11, 2025, the President of the Republic of Cameroon, Paul Biya, authorized the Minister of Economy, Planning and Regional Development (Minepat), Alamine Ousmane Mey, to conclude a financing agreement of over 66.9 billion CFA francs (approximately 119 million dollars). Through a Murabaha agreement (a mechanism,...

According to the terms of a recent international tender, the National Confederation of Cotton Producers of Cameroon (CNPC-C) is looking for a supplier for 52,000 tons of agricultural inputs, valued at around 40 billion CFA francs (70 million USD), intended for the 2025/2026 cotton campaign. Contrary to its usual practice of launching this call in...

The Minister of Economy, Planning and Regional Development (Minepat), Alamine Ousmane Mey, is authorized to sign loan and financing agreements with Arab and Islamic banking institutions for a total of 42.978 billion CFA francs (approximately $75 million USD) to implement the Basic Education Support Project in Cameroon (PAEBC). This information was revealed in a series...

In Cameroon, the agri-food industry generated export revenue of 532.2 billion XAF (927 million USD) in 2024. This information was revealed by the National Institute of Statistics (INS) in the National Accounts report for 2024 that it has just published. The public body responsible for statistics management in Cameroon indicates in this document that in...

On September 15, 2025, Gabon will launch a borrowing operation of 50 billion CFA francs (89.1 million USD) on the Central African Securities Exchange (BVMAC), the financial market of the Economic and Monetary Community of Central Africa (CEMAC). This new loan, called “EOG 2025 in multiple tranches 2”, will last for a period of three...

A recent economic outlook note from the World Bank reveals that, over the period 2025-2027, the Gabonese economy will experience a clear contraction of 0.5 percentage point. Going from 2.9% in 2024 to 2.4% per year during the period under review. According to the international financial institution, the projected growth decline is explained by the...

In a document released on its website on September 5, 2025, the Financial Market Supervisory Commission of Central Africa (Cosumaf) updated the list of collective investment scheme (OPC) management companies authorized to operate in the Central African Economic and Monetary Community (CEMAC). It emerges that 16 of these management companies have received approval from the...

Out of a total of 1.2 billion CFA francs (2.09 million USD) offered by the Bank of Central African States (BEAC) in one week, 77.6%, or 932 billion CFA francs (1.6 billion USD), were captured by credit institutions operating within the six countries (Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea, and Chad) of the...

According to the Cameroonian Minister of Public Works (Mintp), Emmanuel Nganou Djoumessi, the African Development Bank (AfDB) has released the sum of 182 billion CFA francs (317 million USD) for the reconstruction of the 278 km long Ngaoundéré-Garoua road, which is part of the Douala-Ndjamena economic corridor connecting Cameroon to Chad. Furthermore, he announces that...

In a circular letter addressed on September 1, 2025 to the officials concerned, the Chadian Minister of Finance, Tahir Nguilin, officially prohibits cash collections of funds intended for the State. According to the Chadian treasurer, “any cash collection by revenue agencies (taxes, customs, domains and administration) is prohibited (…) fiscal and non-fiscal public revenues (taxes,...

In Cameroon, Chanas Assurances SA, a subsidiary of the National Hydrocarbons Company (SNH), activities “continue as usual” despite “an ongoing legal procedure”. The information was revealed by the insurance company in a statement released on September 3, 2025. This communication comes at a time when “rumors have been circulating on social media in recent days,”...

In 2024 in Cameroon, thanks to the 424 active companies on 528 industrial lots identified, the Mission for the Development and Management of Industrial Zones (MAGZI) achieved a cumulative turnover of 6,695.8 billion CFA francs (11.7 billion USD) and a total production estimated at 6,985.3 billion CFA francs (12.2 billion USD). Estimated at 16.2% of...

According to data from the Central African Ministry of Finance and Budget, for the month of July alone, the country has already raised 15 billion CFA francs (26 million USD) through Assimilable Treasury Bonds (OTA). This represents 85.7% of the 17.5 billion CFA francs (30 million USD) to be raised on the public securities market...

In the recent statistical bulletin for the first quarter of 2025, released by the General Directorate of Debt (DGD), Gabon’s public debt increased from 379.5 billion CFA francs (660 million USD) at the end of March 2024 to 700.9 billion CFA francs (approximately 1.22 billion USD) by March 30, 2025. This represents an increase of...

Out of the 64 billion CFA francs (111.5 million USD) initially planned for the 4th general population and housing census (RGPH), the government has approved a budget of 13.2 billion CFA francs (23 million USD). This represents about 21% of the expenses initially approved. The announcement was made on August 12, 2025 during an interministerial...

Moody’s Rating, the American rating agency, has maintained Cameroon’s long-term and foreign currency solvency rating at “Caa1” with a “stable” outlook. This rating was made public on August 22, 2025 in its analysis of Cameroon’s solvency. Less than two months before the presidential election scheduled for October 12, 2025, this rating keeps the country at...