Cameroon’s natural gas industry is expected to bounce back next year, after a difficult 2024. New projections from the Bank of Central African States (BEAC) show the country’s gas output could rise to 1.78 million tons in 2025, up 23% from the 1.44 million tons projected for this year. This would mark a strong recovery after a 12.6% drop in 2024 compared to 2023, when production stood at...

. Citigroup is holding talks with governments in Benin and Namibia to grow its presence. . The bank is playing a key role in Benin's bond sales and cybersecurity funding plans. . Citi is ramping up selective operations in Africa amid rising Gulf and Asian investment. Citigroup is in talks with several African governments, including those of Benin and Namibia, as part of a push to expand its...

54% of Togolese favor leaving ECOWAS for the Sahel States Alliance (AES), according to a recent survey. Support is higher among men, urban residents, and in regions like Centrale and Lomé. Togo has strengthened ties with AES members, raising the possibility of an official shift. More than half of Togolese citizens believe their country would be better off leaving the regional...

Cameroon has launched the construction of a new domestic gas filling center in Kumba, Southwest Region. The project, valued at CFA6 billion, marks the fifth such facility developed by the Hydrocarbons Price Stabilization Fund (CSPH). The groundbreaking ceremony was held on April 29, led by Trade Minister Luc Magloire Mbarga Atangana, who also chairs CSPH’s board. This new site follows similar...

The African Development Bank (AfDB) will help finance a 62 MWp solar power plant in Sokodé, central Togo. The AfDB board approved the project on May 8, 2025. It will back the initiative with €26.5 million  (about CFA17.4 billion). The project aligns with Togo’s goal to reach 200 MWp of renewable energy by 2030. EDF Group will design, build, and run the plant, with co-financing...

The Container Terminal Operator (RTC) of the Port of Douala distributed CFA2 billion in commercial rebates for the FY2024 during a ceremony held on April 25. The rebates were allocated based on the volume of full containers (measured in twenty-foot equivalent units, or TEUs) handled at the port. Shipping companies received 20% of the total amount, while importers and exporters received...

Cameroon’s government is preparing to take tougher action against vandalism and public misconduct affecting the country’s railway network. During a special session of the Interministerial Committee on Railway Infrastructure (Comifer) held yesterday in Yaoundé, Minister of Transport Jean Ernest Masséna Ngalle Bibehe said a crackdown was being considered to improve safety and protect rail...

On May 8, 2025, the MSC Turkiye, one of the largest container ships in the world, will dock at Cameroon’s deep-sea port of Kribi in the South region. This landmark arrival will coincide with the launch of the port’s second container terminal, marking a major step in Cameroon’s ambitions to boost its shipping and logistics sector. The news was confirmed by Africa Global Logistics (AGL),...

The African Development Bank and the Islamic Development Bank (IsDB) have reinforced their strategic partnership to enhance collective efforts in addressing fragility and building resilience across Africa. This commitment follows a high-level technical exchange held from 22-23 April at the Bank headquarters in Abidjan. The two-day mission brought together senior officials from both institutions...

Johnny Razack has been appointed chairman of Cameroon’s National Investment Company (SNI), following a presidential decree signed on April 25. The 52-year-old senior civil servant takes over from Geoffroy Désiré Mbock, who held the position for five years. The SNI acts as the government's main investment vehicle, holding stakes in companies and helping create new businesses. Razack's...