Compiled by TichaBizel-Bi Mafor, intern
New Governor for BEAC
Former
Chadian Minister of Finance has been appointed the new Governor of the Bank of
central African states, BEAC. Abba TolliMahanat, nephew of Chadian strongman
Idriss Derby Itno, was designated by the Heads of State of the CEMAC region
during their 27th Extra-Ordinary Summit on 30 July 2016, in Malabor, Equatorial
Guinea.
Abba
TolliMahanat replaces the Equato-Guinean, Lucas AbagaNchama who has come to the
end of his mandate as governor.
Cameroonian
born DieudonneMevouEkou, also the nephew of the Cameroonian President, Paul
Biya, was appointed the Vice-Governor.
The two officials will take office in
January 2017.
Cameroon wins Award for Online Business
Registration
The
government of Cameroon has won a prize for its breakthrough in online business
registration. With its ‘my business.cm, Cameroon scored 7 on 10 beating 18
other countries to emerge first in the e-registration category. A certificate
of “Highest Appreciation” was awarded to the Minister of Small and Medium Size
Enterprises, Laurent Serge EtoundiNgoa, during the Global Economic Forum
organized by the United Nations Organisation on 18 July 2016 in Nairobi, Kenya.
The
ranking for the Award is jointly done by the UN Conference on Trade and
Development, UNCTAD and the Global Entrepreneurship Network of the US State
Department.
Minister
EtoundiNgoa presented the award to Prime Minister Philemon Yang at the Star
Building on 26 July 2016. The minister hailed the PM for instructing reforms in
business registration in a bid to improve the business environment.

