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One AFCON, many fortunes!

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The 33rd edition of the African Cup of Nations has come and gone but for the host country Cameroon, the memory lingers. For many citizens, the wish is that the competition could be held in the country annually as it brought about economic and infrastructural transformation to the country.

The Total Energies Africa Cup of Nations Cameroon 2021 set new records on CAF digital and social media pages, including the platforms of its partners, TikTok.

In the area of infrastructure, Cameroon witnessed a great turnaround as the government spent over 520bn CFA ($885m) renovating and upgrading infrastructure – roads, hospitals, airports, hotels and the development of the sports facilities. The stadium in the capital Yaoundé which hosted the opening match, cost in the region of $280m.

In Douala, the country’s economic capital and its second-largest city, sits a modern masterpiece when it comes to stadia; the 50,000 seat Japoma Stadium which cost $240m. In Bafoussam and Limbé, two 20,000-capacity stadiums were built, while the one in Garoua, with 25,000 seats, has been renovated.

Many people, especially the youths, were engaged in construction works for which they got paid.  Aside empowering many people, it also boosted the fortunes of many companies and traders who had to supply all the different equipment needed for the construction works.  Apart from people who worked at construction sites, many people were also employed to sell tickets and provide other services during the competition.

TOURISM

The tournament also boosted tourism with the government taking the lead by funding a brand-new five-star hotel in Douala, the Krystal Palace, where the official CAF delegation stayed. Eighty percent of the hotels where the teams, journalists and tourists stayed were either new or renovated.

The competition featured 24 teams from all regions in Africa. A good number of the national teams were accosted by their teeming supporters who took accommodation in some of the hotels. Apart from paying for the rooms, the guests also spent monies on drinks, food and other things within and outside the hotels consequently boosting the revenue of the country and income of the people.

Transporters, on the other hand, had a swell time moving people from one area to the other.

A commercial driver recalled, “It was a swell time we had during the tournament. A number of the visitors wanted to know different places and were ready to pay to be taken to those places. Many of us made good money doing this. It was a period during which our economic life witnessed a great turnaround.”

Direct income from travelling supporters and tourists in 2022 was estimated at over $200m. Domestically, the tournament proved a very welcome relief from the lockdowns and political tensions.

TELEVISION COMMERCIALS

Apart from monies realized from gate takings at the various stadia, the country also realized huge revenue from television commercials from local and international organisations that advertised their products.

INFORMAL BUSINESSES BOOM

Even before a ball was kicked, the AFCON soccer tournament was already breathing some life back into businesses in Cameroon.  The fan zones set up for local supporters unable to see the matches in the stadia in the capital, were beehives of businesses. The fan zone also provided a strong business opportunity for the merchants running the stalls. About a third of the area was occupied by food stalls cooking meat and fish on huge barbecues.

People were seated in the stands to follow the match on smaller screens or were served at one of the hundreds of tables set up between the grandstand and the big screen.

Marie Josiane, 38, who worked in one of the stands, said, “Business was good during the tournament, especially when Cameroon was playing. But when they were not playing, we had to fight a bit for customers. Personally, I’m not hugely into football but I watched because it was taking place in my country. And I supported everyone; Cameroon, Morocco, Gabon!”

Christine Essomba, 30, a Cameroonian fan wearing her team’s shirt, said she discovered the zone during a drink with friends: “I didn’t know about this place before but I had to be coming back every day. I was a nice atmosphere, there were plenty of people and a lot of emotion.”

“We had been waiting eight years for the competition to take place in Cameroon,” she said. “I’m not a particularly big football fan, but it was the Africa Cup of Nations and it was taking place in my country. I had to make the most of it – we had been waiting for eight years.”

Although Cameroon wasn’t playing, she took a side, supporting Burkina Faso against Gabon.

Elvis Ondo Nkooulouest was sitting with his brothers a few tables away. The 41-year-old travelled all the way from the Gabonese capital, Libreville to support his national team. The small groups were all wearing Gabon shirts and were enjoying the second-round action while drinking Cameroonian beer.

After watching Gabon’s group stage in Yaoundé, they resorted to the fan zone for the next round because Gabon’s contest against Burkina Faso took part in Limbé on the Atlantic coast.

“It was a well-organized fan zone, with food and drink; it was very nice,” said Ondo Nkooulouest. “Cameroon is a football country so I knew it’d be a friendly atmosphere.”

“Fans came here to be together,” Mal Njam added. “A lot of foreigners came to watch the football. On the weekends, people came to spend some family time with their children. The rest of the time, it was often quite well-to-do people aged about 25 to 30 who came to relax after work. Younger people didn’t come as much; they preferred places with fewer rules. Everyone enjoyed the football in their own way.”

Some locals switched businesses, like 23-year-old Issa Hamadou, who used to trade in boiled eggs in Yaoundé.

He turned to sportswear because of the football event and believes it is a profitable business.

“I sold jerseys like those of Cameroon, Senegal, Ivory Coast— in fact, the jerseys of all 24 countries that participated in this year’s AFCON,” Hamadou told DW.

He said “the competition generated a lot of enthusiasm. If the Cameroon Indomitable Lions had won, the country would have benefited a lot. The price of jerseys would have risen and we would have made more money.”

Hamadou is not the only one who got ready for the AFCON. Many hotels and local trading premises undertook significant renovation work to broaden the customer base and increase profits.

At the Melen neighborhood in Yaoundé, a bar owner also gave her structure a facelift — a new coat of paint, new furniture and the pace of renovations picked up steam.

“We really worked on customer service to welcome our customers well, for them to feel comfortable. We didn’t have TV sets so we bought some. And made sure that the place was up to standard. We believed that we should have at least a 30% increase,” the owner told ND.

According to the chief economist at the African Business Information Bank, Kennedy Tumemnta, many businesses broke even. He said the economic spinoffs from AFCON were huge.

“For example, talking to this lady who was the owner of a prominent Hotel in Yaoundé, she said before the beginning of AFCON, she had already hosted one of the teams and that raised a revenue for two weeks of approximately $24,000 (€21,000), an amount that she didn’t make for the whole 2020-2021 year due to the pandemic,” he told ND.

Tumemnta said other artisans were excited because tourists came in. Hawkers and those in the informal sector were also enthusiastic.

The building of stadia and other infrastructures across the country provided some temporary employment to young people in Cameroon. In this country, nearly 40% of the population live below the poverty line.

“Most of the cities that hosted AFCON benefitted from not only stadiums but also road networks. It also created jobs for some young people. However, although most of the companies that constructed some of these sports infrastructures were foreign companies, we think that the economic fallouts for the laborers and local engineers were so huge,” Tumemnta added.

Record numbers for Total Energies Africa Cup of Nations fan engagement and tournament now amongst leading content globally; a check on CAF website showed a huge fan engagement like never before.  The fan engagements:

Exceeded 16 million followers on AFCON social media channels.

#AFCON2021 on TikTok curated more than 1 billion video views from CAF produced videos ad well as the user-generated content.  Impressions across all channels was almost 950 million, more than 22 million profile visits happened on Twitter only.

The YouTube channel hit the 1 million subscriber milestone, adding more than 350,000 new subscribers and 3 million hours of watch time from opening to finale. 300 million video views … Fans loved the video content we produced and watched our videos more with TikTok at first place with more than 179 million video views. Millions interacted with AFCON social media channels from different regions across the world; more than 28 million interactions happened on different types of content. Facebook only had more than 400,000 comments before the tournament finale.

Reached more than 50 million fans in Facebook in 35 days.

The Total Energies Africa Cup of Nations Cameroon 2021 set new records on CAF digital and social media pages including the platforms of its partners, TikTok.

Fan engagement was at an all-time high.

With one Billion views on TikTok, 900 million impressions across all channels, 2.8 million hours of watch time on YouTube channels on the day of the final, the Total Energies Africa Cup of Nations Cameroon was one of the best performing products globally.

“These are amazing numbers, simply reaffirming our belief that the Total Energies Africa Cup of Nations is a powerful tool and a digital platform that has been under leveraged in the past. We created a product that amongst the best globally and this is not just talk now – but the results are there for everyone to see,” CAF General Secretary Veron Mosengo-Omba commented.

Mosengo-Omba added: “We leveraged a number of partnerships including our new sponsors TikTok to grow and drive our fan engagement. We would like to thank the fans and supporters of African football without whom this story would not be possible. The Total Energies Africa Cup of Nations is the best platform in Africa to communicate to the fans. We are a strong commercial vehicle and a leading content generator in our continent.”

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Magazine

500 Vacancies Unfilled: Why Nigerian Companies Must Invest in Training Talent By Naija Diaspora Magazine

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The recent statement by Tosin Eniolorunda, Managing Director and CEO of Moniepoint, about hundreds of job vacancies remaining unfilled due to a shortage of qualified candidates has sparked important conversations about employment, education, and the future of our workforce. While many people focus on the lack of ready-made talent, there is another side of the conversation that deserves equal attention.

Can’t companies employ willing candidates and train them to fit the requirements of those roles?

This is not about lowering standards. It is about expanding opportunities and creating practical solutions. In every growing economy, businesses play a major role not only in generating jobs but also in developing the people who fill them. If organizations continue searching only for fully polished professionals, many vacancies may remain open while millions remain unemployed.

The reality is that many young people may not have all the required experience today, but they possess something equally valuable — willingness to learn, adapt, and contribute when given the chance. Potential should not be ignored simply because perfection is unavailable.

Across the world, successful economies have shown that workforce development is built through continuous training and skill acquisition. China became a global manufacturing and technology powerhouse largely through massive investment in vocational education, technical training, and industrial workforce development. India has grown into a major force in information technology, outsourcing, and engineering by investing heavily in technical education, digital skills, and youth training programs.

Countries like Germany are widely respected for apprenticeship systems that connect education directly with industry needs, while Singapore continuously retrains its workforce to remain globally competitive. These nations understand one important truth: talent is not always found ready-made — it is often built through structured development.

Nigeria and Africa at large can benefit greatly from this mindset. Rather than relying solely on a small pool of already experienced professionals, businesses can invest in creating their own talent pipeline. This would not only reduce unemployment but also strengthen loyalty, improve productivity, and build a workforce that understands company culture from the ground up.

Of course, young people must also take responsibility for personal growth. Learning digital skills, communication, discipline, problem-solving, and professionalism is essential in today’s competitive world. The educational system also needs reform to better prepare graduates for modern realities.

However, solving unemployment requires a shared effort. Government, institutions, employers, and individuals all have roles to play. Companies cannot complain endlessly about skill shortages without also participating in skill development.

The future belongs to organizations that recognize raw talent, nurture it, and transform it into excellence. Sometimes the best employee is not the one who knows everything already, but the one who is hungry to learn and ready to grow.

Instead of asking only, “Where are the qualified people?” perhaps we should also ask, “How many people can we train to become qualified?”

That is how nations build capacity. That is how industries grow. That is how futures are created.

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diplomacy

Cynthia BULOT

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Born in Libreville, Cynthia Bulot embodies a new generation of African creators who transform emotion into a visual language. A self-taught painter, she discovered her calling three years ago during the lockdown period, when the silence of the world gave rise to a profound new passion: painting. What might have remained a simple pastime quickly became an artistic revelation and a unique path of self-expression.

Since then, Cynthia Bulot has pursued a captivating creative journey, guided by the power of color, the sensitivity of gesture, and a deep search for meaning. Through each canvas, she explores not only shapes and textures, but also the roots of her own cultural identity. Her work becomes a dialogue between personal memory and collective heritage.

The paintings of Cynthia Bulot invite viewers into an intimate immersion in childhood memories, where images of the past are released from shades of black and white and reborn through a vibrant, luminous palette. Each composition celebrates transmission, joyful nostalgia, and the richness of ancestral traditions, subtly reimagined through a contemporary sensibility.

Through her sincere and instinctive art, Cynthia Bulot affirms that creativity can emerge in the most unexpected moments and become a powerful force for renewal. Her pictorial universe—authentic, bold, and deeply rooted—deserves the attention today of art lovers and international cultural circles alike.

By Uche EJIMS

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Business

UBA Cameroon and MINJEC Renew Strategic Partnership to Accelerate Youth Financial Inclusion in Cameroon

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In a renewed push to expand financial access and strengthen youth participation in the digital economy, the Ministry of Youth Affairs and Civic Education (MINJEC) has reaffirmed its strategic partnership with UBA Cameroon, signaling a deepened commitment to financial inclusion, innovation, and youth empowerment in Cameroon.

The renewed agreement was formally signed by the Minister of Youth Affairs and Civic Education, Mr. Mounouna Foutsou, alongside the Deputy Managing Director of UBA Cameroon, Mrs. Jeanne Anie Ekeme. The partnership underscores a shared vision between both institutions to equip young people with the tools needed to actively participate in the formal financial system and the evolving digital economy.

At the center of this collaboration is the Biometric Youth Card initiative, a flagship project designed to serve as a gateway for young Cameroonians into financial services. Beyond simplifying access to banking solutions, the initiative is expected to enhance financial literacy, encourage savings culture, and promote entrepreneurship among young people across the country.

In an increasingly digital world where financial access plays a critical role in shaping opportunities, stakeholders say the initiative represents more than a banking solution—it is a pathway to economic inclusion and empowerment for a generation that holds the future of the continent.

UBA Cameroon continues to position itself as a key driver of financial innovation and inclusion in the region. Through partnerships such as this, the institution reinforces its long-standing commitment to youth-focused development programs, aligning financial services with broader socio-economic impact.

For MINJEC, the renewed collaboration reflects its continued drive to bridge the gap between civic engagement, education, and economic empowerment, ensuring that young citizens are not left behind in the country’s development journey.

As Africa’s youth population continues to grow, initiatives like this highlight a broader continental shift toward inclusive financial systems that prioritize access, innovation, and opportunity.

For the diaspora community and readers of Naija Diaspora Magazine, this development resonates beyond Cameroon. It reflects a larger African narrative—one where young people are increasingly recognized not just as beneficiaries of development policies, but as active architects of economic transformation across the continent.

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