Business

Business News

Trump’s Push for Starlink: Pressure Mounts on Yaoundé to Embrace Elon Musk’s Satellite Empire

By Colbert Gwain In a development raising serious concerns over diplomatic propriety, the United States—under the revived influence of President Donald Trump—is reportedly exerting undue pressure on African governments, particularly in Cameroon, to favour the expansion of Elon Musk’s Starlink satellite internet service. Investigative reports from ProPublica, a respected nonprofit newsroom renowned for exposing abuses

Read More
Finance News

African Development Bank (AfDB): Sidi Ould Tah to succeed Akinwunmi Adesina as president.

The African Development Bank has voted in a Mauritanian economist Sidi Ould Tah as its new President as from september 1st. After three rounds of voting on Thursday afternoon, at the end of her Anual meeting, at the institutions head quarters in Abidjan Ivory Coast, the AfDB delegates chose the Mauritanian to replace Akinwunmi Adesina

Read More
Business Finance News

The African Development Bank Group’s Annual Meetings for 2025, open tomorrow in the Ivorien capital Abidjan.

Amidst shifting winds of global trade, the African Developement Banks anual meetings for 2025, will begin holding from tomorrow May 26th to 30th in Abidjan, Côte d’Ivoire, at the Bank’s headquarters, under the theme: “Making Africa’s Capital Work Better for Africa’s Development.” This strategic theme calls on African member countries to look within the continent

Read More
Business Finance News Opinion

The concept of Donors and foreign funding in Africa, and the reality of who benefits: Africans or the donors?

Up till date, African leaders and intellectuals, are yet to fully understand the global concept of Foreign financing that has engulf this black continent since independence. Africans can sign a billion financing agreements, or what it takes, but it will not change the daily lives of common Africans, as 90% of this funding will leave

Read More
Business Finance

Togo’s President Faure Essozimna Gnassingbé, to speak at the African Union Debt Conference.

Are AU memeber countries growing conscious from heavy indeptedence as they strife to do better in future development. This Monday, May 12, 2025, the Hôtel 2 Février in LOME Togo, will host the launch of an African Union Debt Conference. The three day conference organised by the African Union Commission’s Department for Economic Development, Tourism,

Read More
Business Economy Editorial

At long last US President Donald Trump engages Ukrain in an economic partnership deal.

Yesterday Wednesday, April 30th 2025, the united states signed a partnership agreement with the government of Ukrain. The agreement that had long been previewed for February 2025, establishes a United states, Ukrain reconstruction fund that will pave the way for the reconstruction of the war torn Ukrain. Ukrainian Minister of the Economy Yulia Svyrydenko said

Read More
Business Economy Health

South Korea spends CFA8.5bn to expand the Yaoundé Emergency Center in Cameroon

(Business in Cameroon) – South Korea has pledged CFA8.5 billion to finance the expansion of the Yaoundé Emergency Center (Cury), a reference for emergency medical care in Cameroon. The agreement was officially signed on Tuesday, November 28, in Yaoundé, sealing the commitment between Alamine Ousmane Mey, Minister of Economy, Planning, and Spatial Planning (Minepat), and

Read More
Business Travel Travel

Douala Airport Customs Seizes $2.3mln Worth of Cocaine Bound for India

(Business in Cameroon) – Customs officers at the International Airport of Douala seized 30 kilograms of cocaine on April 25 during a routine check of luggage registered on Ethiopian Airlines flight ET686 to New Delhi, India. The drugs were hidden inside a travel bag filled with spices, a method that customs authorities say shows a

Read More