• CCSI says Cameroon has not optimised its tax revenue from Mbalam iron project

  • Cameroon: moving towards a 600% increase on levies from exports to re-launch cocoa & coffee sector

  • Six Cameroonian institutions make top 200 African bank list

  • Dangote lands five-year approval for pozzolan quarry in Cameroon

  • Cameroon: international context causes worry in cotton sector

News

e-post-boosts-cameroon-postal-services-sales-by-10-per-annum

E-post boosts Cameroon Postal Services sales by 10% per annum

According to Hervé Béril (photo), Managing Director of Cameroon Postal Services (Campost), Cameroon’s public postal service’s sales “have been rising regularly by 10% per annum” since the implementation of the e-post project which received 32...Lire la suite | 20/10/2014
fuel-price-hike-in-cameroon-increases-transportation-cost-by-at-least-12

Fuel price hike in Cameroon increases transportation cost by at least 12%

In late July 2014, a month after the government’s price hike on oil products at the pump took effect, transportation costs climbed by 14% in Yaoundé, and by 12.6% in Douala, according to a study...Lire la suite | 20/10/2014
cameroon-over-one-trillion-fcfa-in-income-taxes-collected-three-months-from-the-end-of-the-2014-budgetary-period

Cameroon: over one trillion FCFA in income taxes collected three months from the end of the 2014 budgetary period

Over 200 billion FCFA remains to be collected in the 4th quarter of 2014 for the Directorate of the Cameroonian Ministry of Taxes (DGI) to meet its goals for 2014. Following an evaluation meeting held...Lire la suite | 17/10/2014
cameroon-to-build-fibre-optic-rings-on-104-km-in-the-cities-of-maroua-limbé-and-buea

Cameroon to build fibre-optic rings on 104 km in the cities of Maroua, Limbé and Buea

Bidders for the national call for tenders by the Ministry of Postal Services and Telecommunications for the construction of fibre optic rings in the Cameroonian cities of Limbé (South-West), Maroua (Extreme-North) and Buéa (South-West), had...Lire la suite | 12/10/2014
the-united-states-explores-fishing-and-aquaculture-prospects-in-cameroon

The United States explores fishing and aquaculture prospects in Cameroon

On October 3, 2014, following a meeting with the Minister of Fisheries and Animal Industries, Dr. Taïga, the United States Ambassador to Cameroon, Michaël Hoza, announced that his country wished to assist the Cameroonian government...Lire la suite | 12/10/2014
20/10/2014 Telecom group-orange-to-launch-afrimarket-in-cameroon-and-in-mali-in-2015

Group Orange to launch Afrimarket in Cameroon and in Mali in 2015

According to the tech-watch site, Ticmag.net, the French group, Orange, announced in a release on October 2, 2014 that it will be launching its Afrimarket cash-to-cash money transfer service in Cameroon and Mali in 2015 via its Orange money service. The service enables direct payments from Europe for everyday purchases...
17/10/2014 Mining cameroon-study-finds-environmental-compensation-for-mbalam-iron-project-insufficient

Cameroon: study finds environmental compensation for Mbalam iron project insufficient

A study commissioned by the Cameroonian coalition “Publiez Ce que Vous Payez” (“Publish What You Pay”) and supported by the Natural Resources Governance Institute, highlighted the fact that, although the small Australian mining company, Sundance Resources, has paid out environmental compensations as a part of its iron mining project in...
09/10/2014 Companies cfao-equipement-expands-east-cameroon-network-to-entice-mining-and-forestry-companies

Cfao Equipement expands East-Cameroon network to entice mining and forestry companies

“Mining and Forestry Day” – On September 25, 2014 in Bertoua, the capital of Cameroon’s mining and forestry region, Cfao Equipement used this concept to launch its “local service” involving “a vehicle equipped to go on site, a stock of spare parts for JCB machinery being used in the region...
08/10/2014 Energy cameroon-bolloré-reveals-its-electric-bus-system-at-open-house-day

Cameroon: Bolloré reveals its electric bus system at open house day

On September 30, 2014, the Bolloré Africa Logistics group held an open house day on the campus of Université de Yaoundé I. This was revealed in a release issued by the industrial group. This open house day to introduce the electrical bus system (Blue Bus) launched on the school’s campus...
22/09/2014 Telecom camtel-goes-solar

Camtel goes solar

Cameroonian Telecommunications (Camtel), Cameroon’s public telecom company, is set to shell out 987 million FCFA for solar panels to supply its 31 sites across the country. Managing Director of Camtel, David Nkotto Emane, indicated that the company’s 800 sites will all be lit-up with solar energy. This comes out...

Business in Cameroon Newsfeed

20/10/2014, 18:16 - Telecom
According to Hervé Béril (photo), Managing Director of Cameroon Postal Services (Campost),...
20/10/2014, 18:13 - Mining
A study conducted by the Columbia Center on Sustainable Investment (CCSI) suggests...
20/10/2014, 18:09 - Agriculture
In order to raise the required 600 billion FCFA to finance the...
20/10/2014, 18:08 - Finance
In the 2014 list of the 200 best African banks that has...
20/10/2014, 17:43 - Mining
According to reliable sources, the Ministry of Industry and Mining has granted...
20/10/2014, 17:39 - Agriculture
Market news has not been good for African cotton companies, alongside Sodecton,...
20/10/2014, 17:38 - Trade
In late July 2014, a month after the government’s price hike on...
20/10/2014, 17:33 - Telecom
According to the tech-watch site, Ticmag.net, the French group, Orange, announced in...
17/10/2014, 02:32 - Public management
Over 200 billion FCFA remains to be collected in the 4th quarter...
17/10/2014, 02:28 - Agriculture
By the end of this year, an additional 20,000 tonnes of palm...
17/10/2014, 02:23 - Mining
A study commissioned by the Cameroonian coalition “Publiez Ce que Vous Payez”...
17/10/2014, 02:16 - Energy
On October 8 and 9, 2014 in Yaoundé, Cameroonian Energy and Water...
12/10/2014, 03:23 - Companies
In a release on September 22, 2014, the Managing Director of Société...
12/10/2014, 03:18 - Telecom
Orange and MTN, the duopoly which controlled Cameroon’s mobile telephone market in...
12/10/2014, 03:12 - Public management
The Cameroonian Minister of Transportation, Robert Nkili (photo), has announced that it...
12/10/2014, 03:09 - Companies
Tractafric Equipement has just announced that it is the winner of the...
12/10/2014, 03:06 - Telecom
Bidders for the national call for tenders by the Ministry of Postal...
12/10/2014, 03:03 - Industry
A mostly Cameroonian-owned company that covers 20% of the nation’s cosmetics market,...
12/10/2014, 02:58 - Public management
On October 6, 2014, the Cameroonian Head of State, Paul Biya, signed...
12/10/2014, 02:55 - Agriculture
On October 3, 2014, following a meeting with the Minister of Fisheries...
12/10/2014, 02:51 - Industry
On September 25, 2014, Environmental Chemical Corporation LLC (ECC), the leader of...
12/10/2014, 02:47 - Agriculture
One hundred and three bags of cocoa, which is the equivalent of...
12/10/2014, 02:44 - Public management
In a letter to the Cameroonian Prime Minister on October 6, 2014,...
09/10/2014, 02:52 - Companies
“Mining and Forestry Day” – On September 25, 2014 in Bertoua, the...
09/10/2014, 02:50 - Energy
The French company, Perenco, Cameroon’s oil production leader through its local subsidiary,...
09/10/2014, 02:45 - Mining
On October 7, Réseau de lutte contre la faim (Relufa), a coalition...
09/10/2014, 02:41 - Finance
For the last quarter of 2014, Cameroon’s Treasury Department is launching its...
09/10/2014, 02:32 - Companies
Alongside South Africa and Nigeria, the continent’s two strongest economic powers, Cameroon...
08/10/2014, 02:16 - Energy
On September 30, 2014, the Bolloré Africa Logistics group held an open...
08/10/2014, 02:14 - Agriculture
According to the National Cocoa and Coffee Board (ONCC), 6,666 tonnes of...
08/10/2014, 02:11 - Public management
According to Klaus-Ludwig Keferstein, the German Ambassador to Cameroon, his country raised...
08/10/2014, 02:08 - Transport
According to reliable sources, the Kumba-Mamfé road construction project in South-West Cameroon...
08/10/2014, 02:05 - Finance
Cameroonian Finance Minister, Alamine Ousmane Mey (photo), has just published a release...
08/10/2014, 02:01 - Telecom
In a press release issued by its General Manager, Elisabeth Medou Badang...
24/09/2014, 02:50 - Energy
The Kribi Power Development Corporation (KPDC) and Dibamba Power Development Corporation...
24/09/2014, 02:48 - Telecom
On September 12, 2014, Cameroon’s third largest mobile provider, Nexttel, began selling...
24/09/2014, 02:45 - Public management
After several months of hesitation, the Cameroonian government has finally banned the...
24/09/2014, 02:39 - Energy
The electricity company, AES Sonel, was officially renamed as Eneo Cameroun SA...
23/09/2014, 16:43 - Companies
On September 10, 2014, following a meeting with the Cameroonian Minister of...
23/09/2014, 16:39 - Transport
On September 12, 2014, concession owner of the container terminal at the...
17/10/2014 Agriculture four-new-factories-to-increase-palm-oil-production-by-20000-tonnes-in-cameroon

Four new factories to increase palm oil production by 20,000 tonnes in Cameroon

By the end of this year, an additional 20,000 tonnes of palm oil will be produced in Sombo (Centre), Bakingili et Mamfé (South-West) and Teze (North-West). This was revealed during a recent visit to the 5,000 tonne capacity per unit industrial oil factories built in the production zone. These industrial...
17/10/2014 Energy cameroon-creating-public-electricity-company

Cameroon creating public electricity company

On October 8 and 9, 2014 in Yaoundé, Cameroonian Energy and Water Minister, Basile Atangana Kouna, chaired a meeting between the government and various operators within the electricity sector in Cameroon (EDC, ARSEL, Eneo, EDF, AER), lenders such as the ADB and the World Bank to discuss the implementation of...
09/10/2014 Finance cameroon-to-raise-35-40-billion-fcfa-on-beac-market-in-the-4th-quarter-of-2014

Cameroon to raise 35-40 billion FCFA on BEAC market in the 4th quarter of 2014

For the last quarter of 2014, Cameroon’s Treasury Department is launching its fundraising on the Central African States’ Bank (BEAC) on October 8, 2014, with an issuance of Assimilatable Treasury Bills (ATB) for 26 weeks, totalling 5 billion FCFA. This was the announcement made by the Ministry of Finance in...
08/10/2014 Public management germany-raised-almost-43-billion-fcfa-for-cameroon-in-2013

Germany raised almost 43 billion FCFA for Cameroon in 2013

According to Klaus-Ludwig Keferstein, the German Ambassador to Cameroon, his country raised close to 43 billion FCFA for Cameroon in 2013 out of the 99.5 billion planned for the 2011-2013 period. The German diplomat, who revealed this information at a reception held on October 2, 2014, ahead of the celebration...
18/09/2014 Telecom the-cameroonian-government-hands-over-wacs-submarine-cable-to-camtel

The Cameroonian government hands over WACS submarine cable to Camtel

The public telecommunications company, Camtel, has officially acquired the land entry point for the WACS fibre-optic cable built by MTN and later given to the State of Cameroon. This took place at a September 4, 2014 ceremony in Batoke, near Limbe, in the South-West, chaired by the Minister of Postal...
17/09/2014 Transports equatorial-guinea-suspends-national-airline’s-flights-to-cameroon

Equatorial Guinea suspends national airline’s flights to Cameroon

In an August 30, 2014 release, the Managing Director of the Equatoguinean airline, Ceiba International, Siméon Esono Alogo Nchama, announced the suspension of Malabo-Douala-Malabo and Bata-Douala-Bata flights “until further notice”. According to Equatoguinean authorities, this additional measure, which comes after the suspension of air travel between their country and most...
17/09/2014 Finance sonara-shouldn’t-worry-the-cameroonian-banking-community-according-to-beac-governor

Sonara shouldn’t worry the Cameroonian banking community, according to BEAC governor

BEAC governor, Lucas Abaga Nchama, has suggested that “the Cameroonian banking sector’s situation” up to July “was satisfactory overall. Most banks have been maintaining the reserve ratio. Sonara shouldn’t worry the Cameroonian banking sector.” The governor of the central bank of the six member states of the Central African Economic and...
14/09/2014 Finance cameroun-seeks-another-10-billion-fcfa-on-beac

Cameroun seeks another 10 billion FCfa on BEAC

On September 3, 2014, Cameroonian Treasury Department will issue Treasury bills amounting to 10 billion FCFA on the Central African States Bank securities market (BEAC). This was announced in a press release by Delegate Minister to the Minister of Finance, Pierre Titti (photo). These short term debt securities will have a...
10/09/2014 Telecom according-to-karl-toriola-mtn-cameroon’s-daily-activities-“employ-200000-youth”

According to Karl Toriola, MTN Cameroon’s daily activities “employ 200,000 youth”

MTN Cameroon’s Managing Director, Karl Toriola (photo), announced at a press luncheon on August 21, 2014 in Douala that the daily activities of his company, the national mobile phone leader, “employ 200,000 youth” and “its impact confirms each day that MTN is an essential player in the national economy, supporting...
09/09/2014 Transports five-months-of-auctions-to-free-up-the-port-of-douala

Five months of auctions to free-up the port of Douala

From August 27, 2014 to December 20, 2014, Cameroonian Customs will be carrying out a vast auction of products abandoned by importers at the port of Douala and which have been cluttering the port, thus contributing to its congestion for several months. Indeed, in addition to a cement shipment imported...
29/08/2014 Telecom orange-preparing-to-hold-on-to-its-subscribers-ahead-of-viettel’s-arrival

Orange preparing to hold on to its subscribers ahead of Viettel’s arrival

Facing significant changes in the pipeline for the Cameroonian mobile phone market, the French cellular service provider, Orange, has plans afoot to mitigate the potential impact of these developments on its profitability based on what is apparent in its human resource management. With the arrival of the new provider (Vietnamese provider,...
29/08/2014 Energy cameroon-bertoua-gas-filling-centre-is-98-complete

Cameroon: Bertoua gas filling centre is 98% complete

According to the Hydrocarbon Fuel Stabilisation Fund (CSPH), the gas filling centre for the city of Bertoua, the regional capital of East-Cameroon, is 98% complete. This 5 billion FCFA infrastructure will soon help to increase the consumption of this energy source in that region with a cylinder filling capacity of...
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