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African Development Bank Group (AfDB)

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    • Former interns praised the Bank’s programme, which has opened up employment opportunities for them
    • Serge N’Guessan, Director General of the Bank Group for Central Africa and head of the Bank’s Country Office in Cameroon, and Marie-Laure Akin-Olugbade, the Bank Group’s Vice-President for Regional Development, Integration and Business Delivery, at a meeting with female entrepreneurs and young interns in Cameroon
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Source: African Development Bank Group (AfDB) |

African Development Bank projects improve job opportunities for young people in Cameroon

The meeting saw significant participation from female entrepreneurs and young graduates who have benefited from work placements in projects financed by the Bank

The African Development Bank (AfDB) (www.AfDB.org) has underscored the success of its program aimed at bolstering job opportunities for young people in Cameroon. At a meeting convened in Yaoundé on April 9, 2024, chaired by Marie-Laure Akin-Olugbade, the Bank Group’s Vice-President for Regional Development, Integration, and Business Delivery, stakeholders across…

African Development Bank Group (AfDB)

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    • The newly inaugurated ultra-modern Central Regional office complex of the Bank Group
    • Inauguration of the regional office of the African Development Bank Group in Yaoundé, symbolizing a new chapter in regional development
    • African Development Bank Group Vice President in charge of Regional Development, Regional Integration and Service Delivery, Marie-Laure Akin-Olugbade; the General Manager of the Bank's regional office for Central Africa, Serge N'Guessan; Cameroon's Prime Minister Joseph Dion Ngute; and the Minister of Economy, Planning, and Territorial Administration, Alassane Alamine Mey, at the ribbon-cutting ceremony of the Bank Group's new Central Africa office in Yaoundé
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Source: African Development Bank Group (AfDB) |

Cameroon: African Development Bank bolsters Central Africa presence with inauguration of new regional office in Yaoundé

Situated in the Golf district, the six-storey regional office building is equipped with 130 workstations, several meeting rooms, and a clinic

In a move that reaffirms its commitment to Central Africa’s development course, the African Development Bank (AfDB) (www.AfDB.org) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon. Joseph Dion Ngute, Prime Minister of Cameroon, and Marie-Laure Akin-Olugbade, the Bank Group's Vice-President for the Regional Development, Integration and Business Delivery…

African Energy Chamber
Source: African Energy Chamber |

The Way of an African Legend: A Tribute to Benoît de la Fouchardière of Perenco (By NJ Ayuk)

As the managing director of Perenco, he has driven the company’s successful expansion into new territory and has kept it on course to become one of the biggest investors and taxpayers in Central Africa

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). On Feb. 6, 2024, the Anglo-French oil and gas company Perenco announced that it had appointed a new CEO to replace the incumbent Benoît de la Fouchardière, who has served in this capacity for the last eight years. In a press…

World Food Programme (WFP)
Source: World Food Programme (WFP) |

Food assistance to refugees in Cameroon at risk of halt amid funding shortages

WFP requires US$ 23.1 million to assist to over 222,000 refugees from Nigeria and the Central African Republic (CAR) currently hosted in Cameroon

The United Nations World Food Programme (WFP) and the UN Refugee Agency (UNHCR) are today warning that vital food assistance to refugees in Cameroon’s Far North, Adamawa, East and North regions is at risk of grinding to a halt due to funding shortfalls. Funding shortfalls had already forced WFP to…

United Nations Office for West Africa and the Sahel (UNOWAS)
Source: United Nations Office for West Africa and the Sahel (UNOWAS) |

In Yaoundé, SRSG Simão welcomes the commitment of Cameroon and Nigeria to finalize the demarcation process, reaffirms the support of the United Nations

The visit is part of the continuing commitment of the Chairman of the Cameroon-Nigeria Mixed Commission to support the tireless efforts of both delegations to complete the border demarcation process

In his capacity as Chairman of the Cameroon-Nigeria Mixed Commission (CNMC), the Special Representative of the United Nations Secretary-General for West Africa and the Sahel (UNOWAS), Leonardo Santos Simão, concluded yesterday a three-day visit to Yaoundé, Cameroon. The visit is part of the continuing commitment of the Chairman of the…

African Energy Chamber

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    • Who Pressed Pause? How Stalled Negotiations Can Keep Equatorial Guinea from Being a Gas Mega Hub (By NJ Ayuk)
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Source: African Energy Chamber |

Who Pressed Pause? How Stalled Negotiations Can Keep Equatorial Guinea from Being a Gas Mega Hub (By NJ Ayuk)

For Equatorial Guinea, the problem is this: If the country hopes to realize its gas potential, it needs more feedstock for its Gas Mega Hub (GMH) at Punta Europa on Bioko Island

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). Will Equatorial Guinea fulfill its promise as a gas “mega hub,” or will stalled negotiations turn what should be a national economic boon into a missed opportunity? The answer depends largely on how quickly the country can nail down gas supply…

International Federation of Red Cross and Red Crescent Societies (IFRC)
Source: International Federation of Red Cross and Red Crescent Societies (IFRC) |

Cameroon - Cash assistance: ‘Today, I see a brighter future for my daughters’

A global partnership providing cash assistance is helping local populations meet their most urgent needs

Armed violence, climate change and COVID-19 have combined to exacerbate the basic needs of people living in several regions of Cameroon. A global partnership providing cash assistance is helping local populations meet their most urgent needs. For several years now, the Far North region of Cameroon has been facing the…

Energy Capital & Power
Source: Energy Capital & Power |

Cameroon: A Mature Producer with Proven Reserves, Undrilled Prospects

At the Invest in African Energy forum, a dedicated Central African spotlight will showcase Cameroon’s upstream prospects and future LNG export plans

As a mature producer, Cameroon is at a critical crossroads in its oil and gas development, requiring new exploration to offset diminishing reserves, while finding alternative pathways to monetize small and stranded gas reserves. As a result, the country has attracted a slew of independent explorers who are launching new…

Turkish Cooperation and Coordination Agency (TIKA)
Source: Turkish Cooperation and Coordination Agency (TIKA) |

Turkish Cooperation and Coordination Agency (TİKA) Renovated a Health Center to Serve Over 15,000 People Annually in Cameroon

The project also aims to reduce maternal and infant mortality rates in the region

Nkol Mvak Integrated Health Center, which is located in the Sa’a district of Yaoundé, the capital of Cameroon, following the renovation works of Turkish Cooperation and Coordination Agency (TİKA), was put back into service after being equipped with medical devices. The severely damaged roof, walls, doors and windows, as well…

Afreximbank
Source: Afreximbank |

Afreximbank signs agreement to provide Cameroon with EUR 200-million facility to support National Development Strategy implementation

A milestone in the relationship between Afreximbank and the Government, the facility is the largest financing facility ever provided by the Bank in support of Cameroon’s economic development

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in Yaoundé signed a EUR200 million financing facility to support the Government of Cameroon in the implementation of its National Development Strategy. Dr. George Elombi, Executive Vice-President, Governance, Legal and Corporate Services, signed the facility agreement on behalf of Afreximbank while Louis Paul Motaze, Minister…