Socapalm sells Eséka palm oil mill to Opalm Staff transferred with rights preserved, bonus planned Deal aims to cut 300,000-ton national palm oil deficit Cameroon’s Socapalm, a subsidiary of Luxembourg-based Socfin, announced on February 18, 2026, that it has sold its “Eséka plantation” in the Center region to Opalm. Sources close to the deal indicate that the agreement primarily...

IMF sees Cameroon growth rising on mining, power gains GDP to recover to 3.3% in 2026, exceed 4% Fiscal deficit widened in 2025, debt risk remains high The International Monetary Fund has projected a gradual improvement in Cameroon’s economic outlook, supported by the emergence of large-scale mining activity and incremental gains in electricity supply. The assessment was issued at the...

Cameroon to raise 585 billion CFA on international markets Follows $750 million bond under 1,000 billion CFA target Funds to clear arrears, finance 2026 budget priorities Cameroon is preparing to raise 585 billion CFA Francs (around $1.06 billion) on the international financial market to complete its 2026 external financing programme, following a first successful bond operation...

Togo reviews investment policy to align with AfCFTA protocol Three-day workshop held with IISD and key stakeholders Reforms aim to attract sustainable, value-creating investment Togo launched a three-day workshop on Wednesday to review its investment governance policy, aiming to align it with the African Continental Free Trade Area (AfCFTA) Investment Protocol and promote a more integrated...

The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the geology department, the facility is intended to support conservation, research and the promotion of Togo’s paleontological heritage.  The permanent exhibition brings together fossils and rocks spanning nearly two billion years of...

Kinshasa metro line could launch on Nov. 27, 2027 Government finalizing studies, financing and PPP agreement Project includes seven rail lines, 173 bridges planned Kinshasa’s first subway line could begin operations on Nov. 27, 2027, according to information released on Feb. 14, 2026, following a meeting in Rotterdam between Infrastructure and Public Works Minister John Banza and...

First place in natural robusta, third for women producers Robusta dominates output at 10,377 tonnes in 2024-2025 Cameroonian roasters won two awards at the African Taste of Harvest 2026, held Feb. 4-6 in Addis Ababa, Ethiopia, on the sidelines of the annual African Fine Coffees Association (AFCA) conference. The National Cocoa and Coffee Board (NCCB) announced the results on its...

KYA-Energy, Optima sign Côte d’Ivoire power partnership Deal targets data centre energy solutions, joint projects Move supports KYA-Energy’s regional expansion strategy KYA-Energy Group, a Togolese energy solutions company, signed a partnership agreement in Lomé last week with Optima, an Ivorian firm, to deploy power solutions in Côte d’Ivoire, with a focus on the data centre...

Ghana suspends Burkina Faso tomato imports after Titao attack Wholesale prices jump in Accra following trade halt Imports vital as domestic output lags 800,000-tonne demand Ghana has temporarily suspended tomato imports from Burkina Faso following a terrorist attack in the northern Burkinabe town of Titao. The suspension took effect Tuesday, Feb. 17, after an attack on Saturday, Feb. 14,...

Tinubu orders all oil revenues paid into Federation Account NNPC barred from withholding funds, losing management fee Reform aims to boost oversight, attract investment in sector Nigerian President Bola Tinubu has signed an executive order requiring all oil and gas revenues to be paid directly into the Federation Account, the pool used to distribute income among the federal, state and...