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Author: benberga@yahoo.fr
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...
In Gabon, the total payroll of all public administrations amounted to 713.9 billion XAF (nearly $1.3 billion USD) in 2024. This represents an increase of 8.7%, or 57 billion XAF ($99.6 million USD) compared to 2023, when the amount was 657 billion XAF ($1.15 billion USD). This information is revealed in a report from the...
In a letter entitled “2025 Presidential Election: GECAM’s Call for Economic Revival”, the president of the Groupement des entreprises du Cameroun (GECAM), Célestin Tawamba, proposes an eight-point economic roadmap to the 12 candidates in this election: “Reform our tax system; accelerate infrastructure development; put an end to power outages; effectively digitize public services; ensure enhanced...
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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….
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