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AfricaBiz

Africa Business News

Cameroon Tender and Business News

TerraPay and GIMAC Partner to Enable Instant Money Transfer in CEMAC Region

TerraPay, a mobile payments platform headquartered in the Netherlands, and GIMAC, the regional electronic money transfer platform of Central Africa, have signed a strategic partnership agreement that will allow instant cross-border money transfer to bank accounts and mobile wallets in Africa's CEMAC region.

Vivendi and Orange Partner to Bring New Movie Theaters and Cinedays to Africa

French mass media conglomerate Vivendi and Paris-based telecom Orange are partnering to open new movie theaters across western and central Africa. The goal is to help reestablish the experience of movie-watching under the best technical conditions and in comfort, after three decades in which cinemas have all but disappeared in some area.

Cameroon Agrees On Hosting Three Major African Union Institutions

The Cameroon Government and the African Union Commission just signed off on Cameroon hosting the Pan African University Rectorate in Yaounde, the African Monetary Fund (AMF) and the African Union Sport Council. The historic agreements were formally signed on April 6.

AfDB To Advance Africa's GDP By 130 Percent By 2025

The African Development Bank (AfDB) has announced its plans to up Africa's industrial Gross Domestic Product (GDP) by 130 percent by 2025 driving the continent's overall GDP from $2.3 trillion to $5.6 trillion.

IATA Launches Single African Air Transport Market Push

As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.

The Leadership of Separatist Ambazonia Was Kidnapped At Gunpoint on Jan 5

Southern Cameroon, which has been moving to separate from Cameroon as the Federal Republic of Ambazonia (Ambagov.org), suffered a major crisis recently. On January 5, the President of the Interim Government, Sisiku Julius Ayuk Tabe, and nine other officials were kidnapped at gunpoint at 19:30 pm from la Republic du Cameroun, in Nera Hotels, Abuja, Nigeria.

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