• Dangote group opens 3rd cement factory

  • Camgaz explodes share capital in response to fierce competition

  • IFC loan on the Douala Stock Exchange comes to a close with mixed results

  • Tunisian businessmen invited to invest in Cameroon

  • Cameroon-Korea consortium LIPID chooses floating terminal at the Limbé deep water port

NEWS

mobilising-financing-to-expand-the-kribi-gas-plant

Mobilising financing to expand the Kribi gas plant

A Globeleq company and the entity that manages the 216 MW Kribi gas plant, Kribi Power Development Corporation (KPDC) hopes to conclude a long term loan deal with International Financial Company (IFC) by 2015 to...Lire la suite | 30/01/2015
orange-digital-ventures-a-financing-opportunity-for-cameroonian-start-ups

Orange Digital Ventures, a financing opportunity for Cameroonian start-ups

Quoting correspondence issued by Orange, the tech site ticmag.com has announced that the French telecom group has just launched “Orange Digital Ventures”, a concept that aims to identify and support start-ups in their early developmental...Lire la suite | 29/01/2015
cameroon-1000-hectares-of-plantain-to-be-developed-in-the-north-west

Cameroon: 1,000 hectares of plantain to be developed in the North-West

In the framework of “Grassfields Rural Infrastructure and Participatory Development Support Programme” financed by the African Development Bank (ADB), the North-West region plans to develop 1,000 hectares of plantain in Widikum. This was recently announced...Lire la suite | 23/01/2015
dry-season-raises-cocoa-prices

Dry season raises cocoa prices

The “overall situation has been improving in farming areas this January.” This was Commodafrica’s finding for the cocoa season at the start of the dry season. Indeed, due to the accessibility of some roads, “the...Lire la suite | 21/01/2015
900-tonnes-of-certified-corn-seeds-to-be-produced-and-distributed-to-cameroonian-farmers-in-2015

900 tonnes of certified corn seeds to be produced and distributed to Cameroonian farmers in 2015

The Cameroonian government will finance the production and distribution of 900 tonnes of certified corn to farmers in 2015. This was announced by Economy Minister, Emmanuel Nganou Djoumessi, in an official release. With annual imports amounting...Lire la suite | 15/01/2015
23/01/2015 Public management idriss-déby-“cameroon-must-not-face-this-awful-scourge-alone”

Idriss Déby: “Cameroon must not face this awful scourge alone…”

A convoy of Chadian military vehicles, tanks, bullet-proof vehicles and pick-ups, accompanied by combat helicopters, crossed the Chari River on January 17, 2015, to reach Kousseri. “Our forces are crossing the border today and tomorrow they will be operational,” stated the Chadian Head of State, Idriss Déby Itno, reinforcing Cameroonian...
21/01/2015 ICT cameroon-start-ups-find-financing-online

Cameroon: Start-ups find financing online

According to the tech site, Ticmag.com, between 2009 and 2014, over 100 million FCFA have been raised on the internet via Crowdfunding (a participatory financing system on the internet) by young Cameroonian promoters in ICT, who were facing difficulty sourcing financing using traditional channels. Among the five projects that have...
14/01/2015 Energy “energizon”-international-clean-energy-fair-to-be-held-in-april-2015

“Energizon” international clean energy fair to be held in April 2015

Douala, Cameroon’s economic capital, will host an international energy fair entitled “Energizon”. According to organisers, the event will be the gathering of national and international players who are working “to promote the use of clean energy”. Broached in debates and conferences, Engergizon aims “to establish a new network among energy professionals...
08/01/2015 Energy when-cameroon-turns-sunlight-into-energy

When Cameroon turns sunlight into energy

It is a known fact: Cameroon has the 2nd highest hydroelectric potential in Africa behind the Democratic Republic of Congo. But Cameroon is also a very sunny country and therefore has equally impressive potential in solar energy, particularly in the northern region of the country. Indeed, according to the Electricity...
07/01/2015 Tourism cameroon-hit-by-slump-in-tourism-arrivals-in-2014-because-of-boko-haram-threat

Cameroon hit by slump in tourism arrivals in 2014 because of Boko Haram threat

In 2014, Cameroon’s tourism certainly finished with a less than stellar performance relative to 2013. These were the sentiments expressed by Tourism Ministry officials in Extreme-North which is home to most of the country’s touristic sites. Indeed, in this region of Cameroon, which is prone to constant attacks involving expatriate...

Business in Cameroon Newsfeed

30/01/2015, 14:43 - Energy
A Globeleq company and the entity that manages the 216 MW Kribi...
30/01/2015, 14:39 - Development
The cement factory built on the banks of the Wouri River by...
29/01/2015, 15:07 - Telecom
Quoting correspondence issued by Orange, the tech site ticmag.com has announced that...
29/01/2015, 15:05 - Business
In June 2014, the Cameroonian liquefied gas company, commonly known as Camgaz,...
29/01/2015, 15:01 - Finance
On January 22, 2015, the Caisse autonome d’amortissement (CAA),which acts as a...
29/01/2015, 14:59 - Public management
CEO of the Tunisian Centre for Export Promotion (CEPEX), Abdellatif Hamam (Photo,...
23/01/2015, 07:30 - Agriculture
In the framework of “Grassfields Rural Infrastructure and Participatory Development Support Programme”...
23/01/2015, 07:24 - Transport
In order to make the Limbé deep water port operational which is...
23/01/2015, 07:20 - Public management
A convoy of Chadian military vehicles, tanks, bullet-proof vehicles and pick-ups, accompanied...
23/01/2015, 07:14 - Public management
Despite repeated visits by monitoring teams from the Ministry of Environment and...
21/01/2015, 03:13 - Agriculture
The “overall situation has been improving in farming areas this January.” This...
21/01/2015, 03:11 - ICT
According to the tech site, Ticmag.com, between 2009 and 2014, over 100...
21/01/2015, 03:08 - Agriculture
On January 9, 2015 in Tiko, a city in the south-west region...
21/01/2015, 03:05 - Mining
IMIC, London-based mining company which has, among its activities in Africa, the...
21/01/2015, 03:03 - Public management
On January 15, 2015, the Brent price on the international market is...
21/01/2015, 03:01 - Finance
Propero SA is the name of the new company launched by Cameroonian...
21/01/2015, 02:57 - Public management
On January 13, 2015, the Special Crime’s Court, created in Cameroon to...
21/01/2015, 02:54 - Finance
Exim Bank of China, the public financial institution which is China’s foreign...
21/01/2015, 02:51 - Finance
In late 2014, Advans Cameroon moved to increase its capital, bringing it...
21/01/2015, 02:48 - ICT
The tech site, Ticmag.com, revealed that Facebook’s advertising tool has just released...
21/01/2015, 02:45 - Energy
Headed by Esaïe Massoume, Cameroonian company, Amla just designed an innovative new...
15/01/2015, 17:17 - Agriculture
The Cameroonian government will finance the production and distribution of 900 tonnes...
15/01/2015, 17:14 - Companies
Compagnie industrielle pharmaceutique (Cinpharm SA) plans to increase its social capital by...
15/01/2015, 17:06 - Agriculture
On January 9, 2015, the first cocoa and coffee public-private partnership meeting...
15/01/2015, 17:04 - Public management
According to the Cameroonian Minister of Employment and Professional Training, Zacharie Perevet,...
14/01/2015, 16:53 - Energy
Douala, Cameroon’s economic capital, will host an international energy fair entitled “Energizon”....
14/01/2015, 16:46 - Agriculture
The Cameroonian Economy Minister, Emmanuel Nganou Djoumessi, announced in a press release...
14/01/2015, 16:43 - Transport
Concessionaire of the Douala port lumber yard, Société d’exploitation des parcs à...
14/01/2015, 16:38 - Agriculture
The only candidate for his own post during the designation of the...
13/01/2015, 02:55 - Companies
A non-governmental organisation, Synergie de la jeunesse will be holding the first...
13/01/2015, 02:53 - Mining
Built on the banks of the Wouri River by Nigerian billionaire, Aliko...
13/01/2015, 02:51 - Agriculture
At its last board meeting held on December 29, 2014 in Yaoundé,...
13/01/2015, 02:49 - Finance
The first offering of Cameroonian securities for the 2015 budget period on...
10/01/2015, 19:22 - Industry
Managing Director of the Mission for the Development and Management of Industrial...
10/01/2015, 19:17 - Farming
The Extreme-North region of Cameroon produced a total of 9,544 tonnes of...
10/01/2015, 19:13 - Public management
In the month of January, the Cameroonian government will be signing of...
10/01/2015, 19:10 - Agriculture
Northern Cereal Commercialisation Cooperative (Sococcen) and the Regional Confederation of Farmers from...
09/01/2015, 08:23 - Energy
Virtual salvation from the repeated electrical power outages and problems and fires...
08/01/2015, 08:20 - Energy
It is a known fact: Cameroon has the 2nd highest hydroelectric potential...
08/01/2015, 08:16 - Investment
The Cameroon-born Swiss national, Roger Kamgaing, Executive Vice-President of SGS in charge...
23/01/2015 Public management cameroon-non-biodegradable-packaging-making-a-stand-despite-seizure-of-334-tonnes

Cameroon: non-biodegradable packaging making a stand, despite seizure of 334 tonnes

Despite repeated visits by monitoring teams from the Ministry of Environment and the Protection of Nature to major department stores, non-biodegradable plastic packaging, which has been forbidden since April 1, 2014 to protect the environment, are still visible. In large cities, large shipments are still in circulation. This is why,...
21/01/2015 Agriculture tiko-mayor-speaks-out-against-cameroon-development-corporation’s-employee-living-conditions

Tiko mayor speaks out against Cameroon Development Corporation’s employee living conditions

On January 9, 2015 in Tiko, a city in the south-west region which houses Cameroon Development Coroporation (CDC) plantations, Moukondo Mayor, Daniel Ngande, did not mince words with7 the public agricultural company which operates gigantic banana, oil palm and rubber tree plantations in the south-west. According to the municipal leader,...
13/01/2015 Companies gicam-and-synergie-de-la-jeunesse-to-host-first-“youth-entrepreneurship-day”-from-february-12-14

Gicam and Synergie de la jeunesse to host first “Youth Entrepreneurship Day” from February 12-14

A non-governmental organisation, Synergie de la jeunesse will be holding the first Youth Entreprenurship Day in partnership with the business leadership body, GICAM. This was revealed in a press release. Under the theme: “Let’s orient and equip tomorrow’s managers”, the event “aims to support job creation and entrepreneurship for youth”....
07/01/2015 Public management dieudonné-essomba-“competitiveness-isn’t-the-problem”

Dieudonné Essomba: “Competitiveness isn’t the problem”

The statistical engineer believes that one cannot speak of the Cameroonian economy’s competitiveness as long as its production has to compete with junk. According to the statistical engineer employed to the Ministry of Economy in Cameroon, laying the core of the negotiation with the EU on competitiveness issues is a fragmented...
06/01/2015 Public management economic-partnership-agreements-still-a-divisive-issue

Economic Partnership Agreements: Still a divisive issue

Following Cameroon’s signing of the interim agreement, economic operators, intellectuals and trade professionals speak out. Since October 2003, the countries of Central Africa and the European Union (EU) have been negotiating an Economic Partnership Agreement to institute a new trade regime to replace the non-reciprocal preferential trade system in place as...
20/12/2014 Finance théodore-edjangué-replaces-jacqueline-cassalegno-as-chairman-of-the-board-at-chanas-assurances

Théodore Edjangué replaces Jacqueline Cassalegno as Chairman of the Board at Chanas Assurances

The current President of the Financial Markets Commission (FMC) in Cameroon, the regulatory body governing the Douala Stock Exchange (DSX), Théodore Edjangué, has been appointed as Chairman of the Board at Chanas Assurances, one of the leaders in the country’s insurance market. This information was revealed in a December 17,...
19/12/2014 Investment david-koechlin-“customs-management-found-our-offer-extremely-interesting”

David Koechlin: “Customs management found our offer extremely interesting”

Vice-President of Cotecna Inspection SA present in Cameroon from 24th to 27th September 2014 offers solutions to Cameroon to improve security and customs organisation at the port of Douala.   How do you feel about your recent visit to Cameroon with a delegation of Swiss investors accompanied by the EMA Invest...
18/12/2014 Companies alain-blaise-batongué-executive-secretary-of-gicam-“promote-a-wonderful-opportunity-to-showcase-business”

Alain Blaise Batongué, Executive Secretary of GICAM: “Promote: a wonderful opportunity to showcase business”

The Promote Fair has significant implications for our economy as well as Central Africa’s, as a whole. The Central African Union of Business Heads (presided over by André Fotso, President of GICAM) has praised the efforts that have been made to promote business.   Indeed, Promote is a wonderful opportunity to...
17/12/2014 Commerce christophe-eken-“promote-has-become-a-regional-and-international-reference”

Christophe Eken: “Promote has become a regional and international reference”

  The business, SME and partnership event, Promote, has become a regional and international reference. This year’s event has come at a time of political measures that will influence our economy. This took the form of the passing and promulgation of a bill to encourage private investment with five to ten-year...
16/12/2014 Mining aliko-dangote-promises-to-set-up-cement-factory-in-cameroon-before-the-close-of-2014

Aliko Dangote promises to set up cement factory in Cameroon before the close of 2014

On November 1, 2014, Nigerian billionaire Aliko Dangote paid a short site inspection visit to his cement factory currently being built on the banks of the Wouri River in Douala, Cameroon’s economic capital. According to reliable sources, at the event, the Nigerian manufacturer promised that the first bags of cement...
15/12/2014 Agriculture cameroon-tea-estate-to-quadruple-production-by-2016-2017

Cameroon Tea Estate to quadruple production by 2016-2017

According to Dagobert Boumal, Managing Director of Cameroon Tea Estate (CTE), the agro-industrial company that operates tea plantations in North-West Cameroon plans to quadruple its tea production in two to three years (by 2016 or 2017). He indicated that current production currently varies between 5,000 and 7,000 tonnes per annum. CTE,...
12/12/2014 Telecom mtn-beats-out-orange-cameroon-in-the-first-three-quarters-of-2014

MTN beats out Orange Cameroon in the first three quarters of 2014

At a time when a third mobile provider has just launched its services in September and a fourth permit has been granted to the subsidiary of the Mobile Télécommunications Network (MTN) has confirmed that it dominated the industry in Cameroon, beating out the French company Orange’s subsidiary, particularly in the...
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Focus on Douala Stock Exchange

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Douala Stock Exchange under the microscope

With only three companies listed, the...
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