• Cameroon ratifies two airport transportation agreements with Congo and Kingdom of Spain

  • President Biya enacts legislation authorising the transit of Nigerian oil in Cameroon

  • Tradex claims creation of “a thousand jobs” in Cameroon in 8 years

  • Olam, Telcar Cocoa and Producam were the main exporters of Cameroonian cocoa in June

  • The World Bank has 500 billion FCFA in “active projects” in Cameroon

News

cameroon-morocco-agreement-for-the-encouragement-and-reciprocal-protection-of-investors

Cameroon-Morocco agreement for the encouragement and reciprocal protection of investors

On June 18, 2014, Cameroonian Head of State, Paul Biya, enacted the law adopted in June 2014 by the Cameroonian parliament authorising the president of the Republic to ratify the agreement signed between Morocco and...Lire la suite | 24/07/2014
cameroon-the-“fight-against-illegal-vendors”-maintaining-cocoa-prices

Cameroon: The “fight against illegal vendors” maintaining cocoa prices

The average price per kilogramme for Cameroonian producers for the month of July 2014 is estimated at 1,050 FCFA, according to the National Cocoa and Coffee Board (ONCC), cited by Commodafrica. The same source goes...Lire la suite | 23/07/2014
cameroon-to-increase-minimum-wage-from-de-28000-to-36270-fcfa

Cameroon to increase minimum wage from 28,000 to 36,270 FCFA

After several days of negotiation, the Cameroonian government and representatives of employers and workers finally reached consensus on July 17 for the increase of the national minimum wage. According to authorised sources at the Ministry of...Lire la suite | 22/07/2014
douala-to-host-international-meeting-on-micro-insurance-from-september-8-to-12-2014

Douala to host international meeting on micro-insurance from September 8 to 12, 2014

According to a release issued by the Inter-African Conference on Insurance Markets (CIMA), Cameroonian, Jean Claude Ngbwa (photo), Secretary General of that organisation, visited Cameroon from the 15th to the 16th of July to make...Lire la suite | 22/07/2014
edf-opens-office-in-cameroon-to-develop-the-natchigal-plant-project

EDF opens office in Cameroon to develop the Natchigal plant project

On July 9, 2014 in Yaoundé, the Cameroonian capital, Electricité de France (EDF), the French electricity giant, officially opened its offices. The inauguration took place only 24 hours before signing with the Cameroonian government, an...Lire la suite | 17/07/2014
23/07/2014 Companies grimpower-out-of-slovenia-to-invest-255-billion-fcfa-to-treat-solid-waste-in-cameroon

Grimpower out of Slovenia to invest 25.5 billion FCFA to treat solid waste in Cameroon

According to Jehu Doumi, CEO of NetOil Petroleum SA oil company created in 2013, has partnered with the Slovenian company, Grimpower to build a solid waste treatment facility in the suburbs of Douala (Pk 35), Cameroon’s economic capital. NetOil Petroleum’s CEO has stated that financing for the 40 billion FCFA investment...
22/07/2014 Transport the-port-of-douala-is-under-capacity-according-to-the-cameroon-ports-authority

The port of Douala is under capacity, according to the Cameroon Ports Authority

According to a report released on July 7 by the National Ports Authority (APN), activity at Douala Port in 2013 increased by 9.8%, passing for the first time in its history the 10 million-tonne threshold in merchandise processing, to reach 10,592,021 tonnes as opposed to 9,642,086 tonnes in 2012. “Douala Port...
15/07/2014 Business climate the-perenco-cameroon-oil-company-appoints-benoît-de-la-fouchardière-as-managing-director

The Perenco Cameroon oil company appoints Benoît de la Fouchardière as Managing Director

Formerly Managing Director of Perenco Peru, the Frenchman Benoît de la Fouchardière has just been named Managing Director of Perenco’s Cameroonian subsidiary, the nation’s oil production leader since buying out Total Exploration-Production in 2010. This was revealed in the La Lettre du Continent publication. Benoît de la Fouchardière, who will...
10/07/2014 Transports cameroon-on-july-8-the-first-ship-symbolically-docks-at-the-kribi-deep-water-port

Cameroon: On July 8, the first ship symbolically docks at the Kribi deep water port

The tugboat christened “Val Paraiso” will dock on July 8, 2014 on the Atlantic coast in Mboro, a district located in the town of Kribi (South region of Cameroon) where the deep water port under construction will be located. The steering committee of this immense project is holding a symbolic...
28/06/2014 Agriculture barry-callebaut-main-processor-of-local-cameroonian-cocoa

Barry Callebaut, main processor of local Cameroonian cocoa

According to the National Cocoa and Coffee Board (ONCC), in May 2014,since the launch of the current cocoa season in August 2013, the Cameroonian subsidiary of the Barry Callebaut firm, Sic-Cacaos, has already bought around 30,025 tonnes of cocoa for its grinding activities. These purchases are 3,000 tonnes more the...

Business in Cameroon Newsfeed

24/07/2014, 07:54 - Transport
On July 22, 2014, the Cameroonian Head of State, Paul Biya issued...
24/07/2014, 07:51 - Public management
On June 18, 2014, Cameroonian Head of State, Paul Biya, enacted the...
24/07/2014, 07:47 - Energy
On July 18, 2014, Cameroonian Head of State, Paul Biya, enacted legislation...
24/07/2014, 07:41 - Business
In a statement published in the government daily’s July 21, 2014 edition,...
23/07/2014, 03:06 - Agriculture
According to the National Cocoa and Coffee Board (ONCC) for the month...
23/07/2014, 03:02 - Public management
In a release published on July 21, 2014 by the World Bank...
23/07/2014, 02:58 - Agriculture
The average price per kilogramme for Cameroonian producers for the month of...
23/07/2014, 02:52 - Companies
According to Jehu Doumi, CEO of NetOil Petroleum SA oil company created...
22/07/2014, 03:01 - Public management
Fonds spécial d’équipement et d’intervention intercommunal  (Feicom), Cameroon’s municipal bank, handed out...
22/07/2014, 02:57 - Public management
After several days of negotiation, the Cameroonian government and representatives of employers...
22/07/2014, 02:53 - Transport
According to a report released on July 7 by the National Ports...
22/07/2014, 02:47 - Finance
According to a release issued by the Inter-African Conference on Insurance Markets...
18/07/2014, 18:15 - Public management
In the margins of the 39th session of the annual Board of...
18/07/2014, 18:11 - Agriculture
In addition to the over 7,413 acres that it already operates in...
18/07/2014, 18:03 - Trade
In its report on port activity for 2013, presented to its board...
18/07/2014, 16:21 - Finance
The Nigerian banking group, United Bank of Africa (UBA) has just appointed...
18/07/2014, 16:15 - Energy
Bowleven Plc, the British oil and gas exploration company active in Africa...
18/07/2014, 16:08 - Agriculture
According to the Cameroonian Banana Association (Assobacam), close to 133,000 tonnes of...
18/07/2014, 16:03 - Public management
On June 30, 2014, the Ministry of Finance’s Directorate General of Taxes...
17/07/2014, 01:44 - Companies
On July 9, 2014 in Yaoundé, the Cameroonian capital, Electricité de France...
17/07/2014, 01:39 - Energy
The World Bank office in Cameroon announced on July 14 that the...
17/07/2014, 01:34 - Transport
Faced with strike action brandished by Cameroonian transporters the day after fuel...
15/07/2014, 06:18 - Business climate
Formerly Managing Director of Perenco Peru, the Frenchman Benoît de la Fouchardière...
15/07/2014, 06:15 - Public management
The Cameroonian State did not wait until the October 2014 deadline to...
15/07/2014, 06:10 - Public management
In an interview published by the AIC Agency, Gregor Blinkert (photo), Operations...
15/07/2014, 06:06 - Finance
Express Union, the leader of the Cameroonian remittance market which, after devouring...
13/07/2014, 16:39 - Telecom
The Cameroonian Minister of Postal Services and Telecommunications, Jean Pierre Biyiti bi...
13/07/2014, 16:35 - Telecom
It was a plea for 3G access that Elisabeth Medou Badang (photo)...
13/07/2014, 16:29 - Transport
The International Maritime Transportation Facilitation Committee (FAL Committee), a consultation platform of...
13/07/2014, 16:21 - Agriculture
The International Maritime Transportation Facilitation Committee (FAL Committee), a consultation platform of...
10/07/2014, 09:16 - Telecom
The Cameroonian Minister of Postal Services and Telecommunications, Jean Pierre Biyiti Bi...
10/07/2014, 09:11 - Agriculture
The Cameroonian Minister of Animal Husbandry, Dr Taïga, has just started the...
10/07/2014, 09:08 - Telecom
In the government daily publication of July 4, 2014, the Managing Director...
10/07/2014, 09:00 - Transport
The general strike by urban and interurban transportation workers planned for July...
10/07/2014, 03:12 - Agriculture
For Luc Magloire Antangana, the Minister of Trade, Cameroon has a “good...
10/07/2014, 03:02 - Transports
The tugboat christened “Val Paraiso” will dock on July 8, 2014 on...
10/07/2014, 02:59 - Mining
According to the services of the Cameroonian Ministry of Industry, Mining and...
10/07/2014, 02:53 - Telecom
On July 3, 2014 in Douala, the economic capital of Cameroon, the...
09/07/2014, 07:14 - Energy
According to the Hydrocarbons Price Stabilisation Fund (CSPH), the national consumption of...
09/07/2014, 05:39 - Telecom
An investigation of the unpleasant social climate that currently prevails at the...
22/07/2014 Public management feicom-handed-63-billion-fcfa-to-cameroonian-municipalities-in-2013

Feicom handed 63 billion FCFA to Cameroonian municipalities in 2013

Fonds spécial d’équipement et d’intervention intercommunal  (Feicom), Cameroon’s municipal bank, handed out a little over 63 billion FCFA to decentralised local communities in 2013 in the form of additional municipal cents, states the release issued by the board of this State entity. However, the same source confirms that Feicom only met...
18/07/2014 Public management idb-provides-8-billion-fcfa-in-education-financing-for-under-educated-areas-of-cameroon

IDB provides 8 billion FCFA in education financing for under-educated areas of Cameroon

In the margins of the 39th session of the annual Board of Governors meeting of the Islamic Development Bank (IDB), on June 26, 2014, Cameroon, through its ambassador to Jeddah, Saudi Arabia, signed an 8 billion FCFA (16 million USD) loan agreement with the banking institution. This was announced by...
10/07/2014 Agriculture cameroon-government-provides-600-tonnes-of-animal-feed-to-farmers-in-the-north-to-prevent-period-of-hardship

Cameroon government provides 600 tonnes of animal feed to farmers in the North to prevent period of hardship

The Cameroonian Minister of Animal Husbandry, Dr Taïga, has just started the distribution of animal feed in Garoua, the regional capital, to farmers in North and Extreme-North in Cameroon. According to reliable sources, in total 600 tonnes of cotton grain have been graciously offered to farmers in order to ensure...
08/07/2014 Public management korea-doles-out-4-billion-fcfa-for-training-and-the-improvement-of-the-cameroonian-government’s-procurement-system

Korea doles out 4 billion FCfa for training and the improvement of the Cameroonian government’s procurement system

On July 1, 2014, the South Korean Ambassador to Cameroon, Cho June-Hyuck, and the Cameroonian Minister of Economy, Emmanuel Nganou Djoumesssi, signed a financing agreement worth a total of 4 billion FCfa (around 8 million dollars). The agreement involves two separate financing arrangements for 3.2 billion and 800 million FCfa...
27/06/2014 Agriculture cameroun-exported-barely-9000-tonnes-of-robusta-and-arabica-coffee-since-the-end-of-may-2014

Cameroun exported barely 9,000 tonnes of Robusta and Arabica coffee since the end of May 2014

Since the start of the 2014 coffee season in October and December of last year respectively for Arabica and Robusta coffees, the Cameroonian subsidiary has only exported 8,970 tonnes of coffee according to the figures announced by the National Cocoa and Coffee Board (ONCC). As of late May 2014, seven months...
25/06/2014 Public management fda-lends-525-milliards-fcfa-to-cameroon-for-drain-clean-up-in-yaoundé

FDA lends 52.5 milliards FCfa to Cameroon for drain clean-up in Yaoundé

The Director General of the French Development Agency (FDA) Anne Paugam (photo), and the Cameroonian Minister of Economy, Emmanuel Nganou Djoumessi, have just signed a loan agreement for 52.5 billion FCfa (around 80 million euros) for the partial financing of a drain clean-up project (PADY2). PADY2 aims to correct the canalisation...
25/06/2014 Telecom cameroonian-arthur-zang-laureate-of-the-2014-rolex-award-for-enterprise-out-of-1800-candidates

Cameroonian Arthur Zang laureate of the "2014 Rolex Award for Enterprise" out of 1,800 candidates

With his Cardiopad which some experts have not hesitated to present as being "Africa's first medical tablet" Cameroonian Arthur Zang (photo), 26 years, was named on 24th June 2014 by the Royal Society (the prestigious London-based institution for the promotion of science) among 5 winners of the "2014 Rolex Award...
23/06/2014 Finance june-27-2014-meeting-to-be-held-between-abd-and-cameroon-business-entities-in-douala

June 27, 2014 meeting to be held between ABD and Cameroon business entities in Douala

As a part of its 50-year anniversary of activity in the nation, representatives of the African Development Bank (ADB) will be meeting with the Cameroonian business community on June 27, 2014 in Douala. This was announced by the business leader association, GICAM in a letter to its members. The meeting will...
20/06/2014 Telecom cameroon-55-million-fcfa-already-raised-by-kiroo-games-to-launch-“aurion”-video-game

Cameroon: 55 million FCfa already raised by Kiro'o Games to launch “Aurion” video game

The Head of Communications and Public Relations at Kiro’o Games, Sorelle Kamdom, announced that the small company that alleged produced the first video game studio in Central Africa has already raised 84,000 euros (55.1 million FCfa) to launch its “Aurion” video game. In its ten years of existence, the video...
18/06/2014 Trade cameroonian-economic-and-trade-days-to-be-held-in-turkey-in-october-2014

Cameroonian economic and trade days to be held in Turkey in October 2014

In  press release published by the Office of the Prime Minister following the 2nd session of the Economic, Technical and Trade Commission of Cameroon and Turkey, held on June 12 and 13, 2014 in Turkey, the Cameroonian government announced the holding of “Cameroonian economic and trade days” this October in...
17/06/2014 Public management cameroon-loses-15-billion-fcfa-in-customs-exemptions-per-month

Cameroon loses 15 billion FCfa in customs exemptions per month

According to the Managing Director of Cameroon Customs, Minette Libom Likeng (photo), the average customs’ exemptions per month to businesses in Cameroon has been approximately 15 billion FCfa since the start of 2014, which is “28% of net collections” she explained in an interview with the government’s daily publication. “We find...
17/06/2014 Public management cameroonian-journalists-trained-in-treasury’s-new-financing-mechanisms

Cameroonian journalists trained in Treasury’s new financing mechanisms

On June 12, 2014 in Yaoundé, some 40 journalists gathered within the Cameroonian Economic Press Association (Presse Eco), were invited to a training session on “The Cameroonian Treasury’s new financing mechanisms” held by the General Directorate of the Treasury of the Ministry of Finance. “Over the last few years, reforms...

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