Authorities Order Destruction of 7 000 Rice Tons Imported From Burma
Essimi Menye, Minister of Agriculture and Rural Development last May 17, ordered the destruction of rice imported from the province of Myanmar (Burma). It was seized on May 9, 2013 at the Douala port on...Lire la suite | 22/05/2013
Cameroon Wants To Construct 50 Bridges In All Ten Regions
A national tender has been launched for this purpose by the Ministry in charge of Public contracts at the Presidency of the Republic. According to communiqué signed by Abba Sadou, Minister Delegate at Presidency of the...Lire la suite | 17/05/2013
Raphael Fute, ASAC’s President Elect
Raphael Fute, General Manager of Compagnie Professionnelle d’Assurances is the new President of the Association of Cameroon Insurance Companies (ASAC). He was elected at ASAC’s ordinary general assembly in Yaounde on Monday May 13, 2013....Lire la suite | 17/05/2013
Garoua converted to Cameroon’s Third International Airport Soon
In a press conference in Garoua Wednesday May 15, 2013, the Minister of Transport, Robert Nkili, announced international flights will soon jet off from Garoua. As of now Cameroon has only two international airports : Douala...Lire la suite | 17/05/2013
International Conference on Cameroon’s Mining Industry Opens May 29
Cameroon will from May 29 to 31, 2013 organize an international conference on the country’s mining industry, CIMEC at the conference centre in Yaoundé, indicated the Secretary of State at the Ministry of Mines, Industry...Lire la suite |2 16/05/2013
15/05/2013
Economy
IMF Pressures Cameroon to Stop Fuel Subsidies
The leader of the International Monetary Fund delegation, Mario De Zamaroczy, said that Cameroon would have to stop subsidies. “Cameroon needs to explain to its citizens the need for these reforms” he says. To him subventions had hit an all-time high between 3 5 to 4 % of Gross Domestic Product (GDP)...08/05/2013
Economy
Sitrafer Workers Strike Over Six Months of Salary Arrears
Six days after Labor Day celebration, the workers of the railway maintenance company, Sitrafer blocked a train from Ngaoundéré from stationing in Yaoundé on Monday May 6, 2013, demanding six months of unpaid salary from their company. The workers say, Sitrafer has failed to respect its engagements concluded after a meeting...15/05/2013
Agriculture
IRAD to Borrow Argentine Experience in Livestock and Bridge 50,000 Metric Tons Beef Supply Gap
Cameroon’s Institute of Agricultural Research for Development, IRAD wants to adopt technologies in livestock production to cut the 50,000 metric tons supply gape in the market forcing government to import. Marie Del Carmen led a six person Argentine delegation visited IRAD last week and promised to sign accords with the institute’s...14/05/2013
Bank
Deposits Guarantee Fund Goes Operational After Four Years of Incubation
Our sources at Cameroon’s Ministry of Small and Medium Enterprises say the deposits guarantee fund has gone operational after its creation in 2008 by President Paul Biya but will not give any details. According to Law N° 2008/003 of 14 April 2008, the Deposit and Guarantee Fund “may contribute to the...07/05/2013
Telecom
CFAF 195 Million Posts and Telecommunications Hotel in Maroua
Already budgeted, the construction of this post and telecommunication hotel in the Far North regional headquarters, Maroua, was announced in the city by the Minister of Post and telecommunications, Jean-Pierre Biyiti bi Essam. He was representing the Prime Minister, Philemon Yang at a ceremony to officially receive 3,200 km fiber optic...22/05/2013, 19:17 - Commerce
Cameroon’s trade and economic days (ETDs) in Algeria will run from May...
22/05/2013, 19:14 - Agrobusiness
Essimi Menye, Minister of Agriculture and Rural Development last May 17, ordered...
22/05/2013, 19:09 - Construction
Last Friday May 17, 2013, the steering and follow up committee endorsed...
22/05/2013, 18:59 - Agribusiness
On May 18, 2013 Herakles Farms (also known as SG‐SOC in Cameroon)...
17/05/2013, 20:42 - Infrastructures
A national tender has been launched for this purpose by the Ministry...
17/05/2013, 20:40 - Energy
A study conducted by the International labor Organization (ILO) in 501 companies...
17/05/2013, 20:35 - Insurance
Raphael Fute, General Manager of Compagnie Professionnelle d’Assurances is the new President...
17/05/2013, 20:34 - Investment
Korean International Cooperation Agency (KOICA) wants to help Cameroon develop e-procurement. To...
17/05/2013, 20:27 - Transports
In a press conference in Garoua Wednesday May 15, 2013, the Minister...
16/05/2013, 10:24 - Agribusiness
The world’s fourth chocolate manufacturer, Ferrero announced last Wednesday that it will...
16/05/2013, 10:23 - Telecom
Code named, “Welcome to the new-world,” the advertising campaign would begin this...
16/05/2013, 09:58 - Industry
According to a communiqué from the Cameroon shipyard and industrial engineering ltd...
16/05/2013, 09:54 - Mining
Cameroon will from May 29 to 31, 2013 organize an international conference...
15/05/2013, 15:12 - Bank
In a communiqué from SRC from a copy we obtained, the management...
15/05/2013, 15:09 - Agriculture
Cameroon’s Institute of Agricultural Research for Development, IRAD wants to adopt technologies...
15/05/2013, 14:53 - Construction
Low cost housing available at Olembe neighborhood in Yaoundé and Mbanga Bakoko...
15/05/2013, 14:39 - Economy
The leader of the International Monetary Fund delegation, Mario De Zamaroczy, said...
14/05/2013, 12:52 - Investment
The Ministry of Economy, a delegation of 20 Canadian business persons is...
14/05/2013, 12:51 - Economy
Representing 99 % of enterprises in Cameroon, according to the Minister Small and...
14/05/2013, 12:49 - Bank
Our sources at Cameroon’s Ministry of Small and Medium Enterprises say the...
14/05/2013, 12:48 - Agribusiness
Government via the Agropole programme and the federation of fish farmers in...
08/05/2013, 15:42 - Investment
6.21 billion francs CFA of aid from Germany remained unconsumed from 2006...
08/05/2013, 15:31 - Economy
Six days after Labor Day celebration, the workers of the railway maintenance...
08/05/2013, 15:28 - Public management
Limited results from Sigipes and Antilope, technologies that manage careers of civil...
08/05/2013, 15:25 - Agriculture
Jean Marc Sambha’a, a retired agronomist has been appointed “provisional administrator” to...
07/05/2013, 21:07 - Energy
The fight to control the cooking gas market in Cameroon continues. Now,...
07/05/2013, 21:05 - Telecom
Already budgeted, the construction of this post and telecommunication hotel in the...
07/05/2013, 20:59 - Telecom
Cameroon has now a fiber optic network of 6,000 km. Jean-Pierre Biyiti...
07/05/2013, 20:48 - Agriculture
To end on May 15, 2013, this year’s farming season has already...
03/05/2013, 08:10 - Public works
A statement from Cameroon’s Treasury said, the Cameroon government will issue treasury...
03/05/2013, 08:08 - Industry
Nestle-Cameroun Chief Executive, Bruno Olierhok, said the company would begin construction in...
03/05/2013, 08:05 - Bank
Yet to open in the CEMAC region, the pan-African banking group in...
03/05/2013, 07:49 - Bank
Union Bank of Africa Managing Director, Nigerian-born Phillips Oduoza has congratulated government...
03/05/2013, 07:43 - Infrastructures
A memorandum of understanding was signed late Friday April 26, 2013 between...
03/05/2013, 07:31 - Cocoa
In two presidential decrees read over the national radio, CRTV, on Monday...
03/05/2013, 07:27 - Microfinance
Faced with major problems, the State of Cameroon will put in 21...
30/04/2013, 20:28 - Justice
Cameroon forces announced last Friday April 26, 2013 that 20 poachers armed...
30/04/2013, 20:25 - Energy
Paul Elung Che, 45, has been appointed General Manager of Cameroon’s Hydrocarbons...
28/04/2013, 22:16 - Energy
French Multinational, Total Cameroun, a hydrocarbon products distribution company saw its market...
28/04/2013, 22:15 - Justice
A gang of eight has robbed the Mbengwi (capital of Momo division,...
14/05/2013
Agribusiness
CFAF 530 Million to Double Fish Output In Adamawa Region
Government via the Agropole programme and the federation of fish farmers in Bankim (locality in Adamawa region) called SOCOPAM have put together 530 million francs CFA to increase the fish output from 453.6 metric tons per year to 1,814 tons, indicates the state-owned daily, Cameroon tribune. Agropole will provide 225 million...07/05/2013
Agriculture
221,000 Tons of Cotton Harvested This Farming Season
To end on May 15, 2013, this year’s farming season has already yielded 221,000 tons of cotton, the President of the National Cotton cartel of producers, CNPCC, Ousmane Ousmaté, told Le Quotidien de l’Economie on Friday May 3, 2013. By this time last year the harvest was only 180,000 tons...14/05/2013
Investment
20 Canadian Person Delegation Scouts in Cameroon from May 15
The Ministry of Economy, a delegation of 20 Canadian business persons is expected in Yaoundé from May 15, 2013. For three days, the delegation will also take trips to Douala and Kribi to scout business opportunities. Organized by Québec Ministry of External Relations and Foreign Trade, the delegation is looking for opportunities...08/05/2013
Agriculture
Tobacco Industry: FPTC under A Caretaker Administration
Jean Marc Sambha’a, a retired agronomist has been appointed “provisional administrator” to manage the Federation of Cameroon tobacco producers and growers of other agricultural food crops (FPTC), east of the country by the Minister of Agriculture and Rural Development, Essimi Menye. Earlier, on 4 May 2013 Essimi Menye ordered the Senior...07/05/2013
Telecom
6,000 Km Fiber Optic Underneath Cameroon
Cameroon has now a fiber optic network of 6,000 km. Jean-Pierre Biyiti bi Essam, Minister of Posts and Telecommunications Last Friday, officially received 3,200 km of fiber optic in Maroua from the Chinese partner, Huawei, adding to the already existing 3,800km. Launched in December 22, 2009 at Kye-Ossi, South Region, the...03/05/2013
Industry
Nestle To Open CFA 20 Billion Coffee Processing Plant In Cameroon
Nestle-Cameroun Chief Executive, Bruno Olierhok, said the company would begin construction in August. The factory will have the capacity to grind 20,000 tons of beans, Olierhok told state radio, CRTV. The processed coffee will initially be marketed domestically, but the company will eventually supply what it described as a growing coffee...03/05/2013
Bank
UBA Managing Director Lauds Cameroon’s Business Climate
Union Bank of Africa Managing Director, Nigerian-born Phillips Oduoza has congratulated government for the enabling business environment in Cameroon. He made the statement after a courtesy visit to Prime Minister (PM), Philemon Yang at the Star Building (PM’s office) in Yaoundé last Friday April 26, 2013. “The business climate has been...03/05/2013
Infrastructures
Malaysian Company, Asia Pacific Wing to build two hydroelectric dams in Cameroon
A memorandum of understanding was signed late Friday April 26, 2013 between the Minister of Water and Energy, Basile Atangana Kouna and the Chief Executive officer of Asia Pacific Wing, Anam Bin Awang in Yaoundé, according to the State owned bilingual daily, Cameroon tribune. The MOUs concern the construction of a...30/04/2013
Justice
20 Poachers Armed With Machine Guns in Drag Net
Cameroon forces announced last Friday April 26, 2013 that 20 poachers armed with 45 firearms had been apprehended in the East region of the country. Hunting in the Lobeke, Boumba-Bek and Nki parks, located in the Boumba and Ngoko, and Haut Nyong divisions, two suspects were caught with AK47s (Kalachnikov)....30/04/2013
Energy
Paul Elung Che, Former General Manager of Cameroon’s Treasury Becomes CSPH GM
Paul Elung Che, 45, has been appointed General Manager of Cameroon’s Hydrocarbons Prices Stabilization Fund (CSPH). In a decree signed by President Paul Biya, late Friday April 26, 2013, the new GM of CSPH replaces Ibrahim Talba Mala appointed GM of Cameroon’s National Refinery, SONARA last February. Former General Manager of...28/04/2013
Social
Deal, 1675 Gov’t Low Cost Houses
A Communiqué from the Minister of Housing and Urban Development, Jean Claude Mbwentchou over the national radio, CRTV on Wednesday April 24, 2013 announced the sale of 1675 low cost houses in Cameroon. It is the first phase of the project to provide low cost houses to Cameroonians in urban and...28/04/2013
Investment
Rainmaker, an American company eyes Cameroon’s healthcare
Part of an American Trade Mission of investors to Cameroon, Gregory A. Campbell, President and Chief Executive Officer of Rainmaker says his company would like to invest in the healthcare sector and applied technology. He made the statement after an audience that the country’s Prime Minister, Philemon Yang granted to...Your email to receive the weekly newsletter from Business in Cameroon:
KOICA To Finance Cameroon’s One-Stop Shop For Bidding And Viewing State Contracts online
Korean International Cooperation Agency (KOICA) wants...
Cameroon Debt Recovery Company, SRC Pays Creditors of Méridien BIAO Bank From May 21 To 31, Sixteen Years After Collapse
In a communiqué from SRC from...
Cameroon Gov’t Seeks Modern Software to Manage Careers of Civil Servants and Salaries
Limited results from Sigipes and Antilope,...
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