logoBC
Yaoundé - 08 December 2019 -
Finance

Cameroonian economist Célestin Monga quits his job as vice-president of the AfDB

Cameroonian economist Célestin Monga quits his job as vice-president of the AfDB
  • Comments   -   Wednesday, 02 October 2019 12:46

(Business in Cameroon) - Renowned Cameroonian economist Célestin Monga officially quit his position as the vice-president of the African Development Bank (AfDB). According to official sources, this happened on September 30, 2019.

I thank president Akinwumi Adesina for his vision and leadership in the bank’s transformation,” Célestin Monga said. He was appointed by Nigerian Akinwumi Adesina, president of this Pan-African institution, in July 2016.

A banker in Cameroon till the 90s, Célestin Monga left his country after disagreements with the ruling power. He then started an international career at the World Bank, where he spent 20 years.

After his departure from the Bretton Woods institution, he was appointed as the deputy managing director of the United Nations Industrial Development Organization (UNIDO) in late 2014. He then left this position for the AfDB.

BRM

cameroon-new-issuance-of-fungible-treasury-bills-on-beac-market
On December 4, 2019, the Cameroonian Treasury proceeded to the issuance of a 26-week fungible treasury bills on the market of the Bank of Central African...
cameroon-35-of-gas-stations-are-located-in-rural-areas-ministry-of-energy
In Cameroon, 35% of the 835 gas stations in operation as of October 28, 2019 (for the 54 state-approved companies), are located in rural areas. This was...
cameroon-increased-daily-drinking-water-production-by-96-376-m3-between-2018-and-2019
In Cameroon, the national drinking water production increased from 731,080 m3/day to 824,456 m3/day between 2018 and 2019, according to recent data from...
cameroon-safacam-plans-to-invest-xaf3-5-bln-to-extend-its-oil-palm-and-hevea-plantations-in-dizangue
In Cameroon, the Ministry of State’s Property and Land Tenure recently granted an additional 2,000 hectares of land to Société Africaine forestière et...

Mags frontpage


Business in Cameroon n81: November 2019

The growing weight of Moroccan banks in Cameroon


Made in Cameroon products gradually take over supermarkets


Investir au Cameroun n91: Novembre 2019

Le poids croissant des banques marocaines au Cameroun


Le Made in Cameroon progresse dans les supermarchés