The United Arab Emirates (UAE) has blamed US President Donald Trump for the economic fallout from the US-Israeli war on Iran, warning that it will conduct financial transactions in yuan if the Federal Reserve does not establish a currency swap line with the Emirati central bank. The United Arab Emirates has initiated negotiations with the […]
Afriland First Bank Cameroon is highlighting the strength of its lending activity as it looks to deepen its foothold in the small and medium-sized enterprise segment. In 2025, the bank says it extended more than CFA1,200 billion in loans to private businesses, bringing its outstanding credit portfolio to CFA1,667 billion. It also reported CFA20,333 billion […]
Cameroon is set to host five Latin American countries for a first-of-its-kind economic summit in Yaoundé from April 21 to 23. The event comes as the central African nation accelerates a push to reduce its dependence on imported goods and boost domestic production ahead of a 2035 target to achieve middle-income status. The Economic Forum […]
Natural gas deliveries by Gaz du Cameroun (GDC) to industrial clients in Douala fell sharply in 2024, highlighting growing strains in the country’s industrial energy market. According to the National Hydrocarbons Company (SNH), volumes dropped to 35.57 million cubic meters over the year, down 62.92% from 2023. The decline reflects the disconnection of several industrial […]
The Islamic Revolution Guards Corps (IRGC) Navy says Iran has closed the Strait of Hormuz after the United States chose to maintain its blockade of the Islamic Republic’s ports in violation of the conditions of the ongoing ceasefire. In a statement on Saturday, the IRGC Navy noted that the Islamic Republic had decided to allow non-military […]
In a half-day visit to the economic capital of Cameroon Friday, Pope Leo offered the local population an extended reflection on the just and equitable distribution of resources in a country notorious for corruption. In his April 17 homily at Japoma Stadium in Douala, the pope framed his message in the context of the day’s […]
Pope Leo called on Cameroonians on Friday to reject violence and be generous with their neighbours during an event billed as the biggest of his four-nation Africa tour, with roughly 120,000 people flocking to a Mass he led in the port city of Douala. Amid heavy security, some believers had made their way on Thursday […]
Iranian Parliament Speaker Mohammad Bagher Qalibaf has said that repeated breaches of commitments by the United States and Israel remain the main obstacle to establishing lasting peace and security in the region, while affirming the Islamic Republic’s resolve to stay united with the Axis of Resistance until complete victory. In a meeting with Pakistani Army […]
Pope Leo XIV travelled Thursday to the western Cameroonian city of Bamenda to preach a message of peace in the epicenter of a separatist conflict that humanitarian groups have called one of the world’s most neglected crises. Leo’s Camair charter landed at the Bamenda airport, where jubilant Cameroonians clogged the roads, blowing horns and dancing. […]
For Catholics, a papal visit to their country is typically a moment of joy and piety. But for the more than eight million Catholics of Cameroon, the arrival of Pope Leo XIV on Wednesday was also a reminder of some of the biggest disparities within the church. One in five Catholics lives in Africa, where […]
