African airlines struggle for profit amid global aviation boom
Despite a record-breaking year for global air travel, African airlines remain the least profitable worldwide, earning a collective net profit of just $200 million in […]
CEMAC
Cameroon hosts CEMAC Summit in difficult economic environment
An extraordinary Summit of the Heads of State of the Central African Economic and Monetary Community (CEMAC) is set to take place on Monday, December […]
Equatorial Guinea: Senior official embroiled in sex tape scandal
A series of leaked videos showing a senior official engaging in sexual activities in his office has ignited a major scandal in Equatorial Guinea, leading […]
Central Africa: Eleven countries to create a regional economic community
Leaders from the eleven states of Central Africa, gathered in Cameroon last week, decided to upgrade regional integration and set up to this end a […]
Douala to become the financial hub of Central Africa
The heads of state of Economic and Monetary Community of Central Africa (CEMAC) in a meeting in the Chadian capital N’Djamena, decided to make Douala […]
CEMAC borders finally opened to nationals of the six-State community
The free movement of persons and goods throughout the Central African Economic and Monetary Community (CEMAC) is finally effective. After Cameroon, Chad, Congo, CAR and […]
IMF approves $666 mln loan for Cameroon
The International Monetary Fund executive board on Monday approved a $666 million, three-year extended credit facility for Cameroon to support economic and financial reforms in […]
Cheap Oil, Insecurity Slow CEMAC Economic Growth – IMF
Countries of the Central African Economic and Monetary Community (CEMAC) are facing economic turbulence, the IMF said over the weekend following 2-week visit to Libreville […]