Africa Community Finance International

Staff at Cameroon’s branches of Standard Chartered Bank end strike over payment of bonus

Workers at Standard Chartered Bank in Cameroon have ended a several-day strike over the payment of a severance bonus amounting to more than one month’s salary per year of service, with no ceiling, and the payment of a bonus that does not include any discrimination or consideration based on performance and/or quality of service, Journal […]

Africa Features Headlines International

Georgia announces release of two seamen captured in Gabon’s seas

Two Georgian sailors captured early this month by pirates in Gabon’s territorial waters have been released from captivity, authorities of the European country announced Wednesday. “Two Georgian sailors abducted in Gabon were freed on May 21 thanks to the efforts of Georgia’s foreign ministry, the Georgian embassy in South Africa, and Georgia’s maritime transport agency,” […]

Africa Blogs Community Features Headlines International

Elections – Guinea-Bissau: Former Cameroonian footballer Samuel Eto’o invited to animate Madem-G15 campaign

The former Cameroon international Samuel Eto’o arrived in Guinea-Bissau Monday to animate the election campaign of the Movement for Democratic Change (Madem-G15), announcing the party that is running for the legislative elections on June 4. Currently president of the Cameroon soccer Federation, Eto’o is being announced in the official organs of Madem-G15 as a “guest […]

Africa Features Headlines International

Cameroonians call for peace, reconciliation to end country’s ‘full-blown civil war’

Ahead of Cameroon’s National Day on 20 May, thousands of people are demonstrating this week, calling for peace and reconciliation in what a recent briefing paper referred to as a „bloody civil war“. The demonstrators, led by activists, traditional leaders and clerics, gathered in the capital, Yaounde, on Thursday, calling for an end to hate […]

Africa International

Rwanda ex-cop goes on trial in France for genocide, crimes against humanity

A 66-year-old former Rwandan military policeman appeared in court in Paris on the first day of his trial on Wednesday (10 May), charged with genocide and crimes against humanity during the 1994 slaughter in his home country. Philippe Hategekimana fled to France after the genocide, obtaining refugee status and then French nationality under a false […]

Africa International

A civilian and three security forces, killed in a separatist attack in Cameroon

Three security forces and one civilian were shot dead Monday at a checkpoint in an attack in Moungo department, in the littoral region, that Cameroonian authorities blamed on separatists fighting to break away from Yaounde. “On Monday morning, heavily armed separatists opened fire on the Matouké checkpoint in the Bona-Léa district of the Moungo department. […]

Africa Energy International

Cameroon brushes aside showdown with neighboring Chad

Cameroon Wednesday denied any tension with neighboring Chad one week after Ndjamena recalled its ambassador in Yaounde for consultation. Chad on April 20 recalled its ambassador for consultation. The move, according to the Chadian authorities, came after Cameroon fussed about a decision by President Mahamat Idriss Deby to nationalize Esso Chad; a Chadian oil company […]

Energy Features Headlines

Chad’s ‘nationalization’ of all Exxon-owned assets disputed by UK’s Savannah Energy

Chad has announced the nationalization of assets of a former subsidiary of US oil and gas giant ExxonMobil in Chad, which comes after the company divested from them in December 2022 A decree signed by Chad’s president, Mahamat Idriss Deby Itno, on Thursday (23 March) declared that all the assets, prospection rights, operating permits and […]

Business Finance

African govts seek robust crypto regulation, market stability

Home to the second most crypto-currency holders in the world, Africa is in urgent need for greater consumer protection and regulation of the crypto industry, experts say, which has been highlighted by the collapse of the world’s third largest crypto exchange FTX and subsequent plunge in the prices of major crypto assets, most notably Bitcoin. […]

Energy Features Headlines

Africa’s palm oil sector to see prices falling in 2023 as output rises

Although palm oil production has been linked to environmental damage and human rights abuses, it remains an important industry providing jobs and contributing to economic growth in several countries in Africa. The global palm oil market size reached US$53.1bn in 2022 and looking forward, the market is expected to reach US$67.6bn by 2028, exhibiting a […]