• Motorola Solutions launches sales offensive in Cameroon

  • Cameroonian tax office launches door-to-door initiative to collect property taxes

  • Cameroon announces the introduction of new companies on the Douala Stock Exchange

  • Cameroon: Sodecoton expects 16,000 tonnes of soya for the 2014-2015

  • EU launches 4 billion FCFA initiative to fight Boko Haram

NEWS

cameroon-seeking-to-join-oecd-convention-on-mutual-administrative-assistance-in-tax-matters

Cameroon seeking to join OECD convention on mutual administrative assistance in tax matters

Since March 25, 2015, the Cameroonian parliament has been examining a bill authorising the Head of State, Paul Biya, to proceed with Cameroon joining the Organisation for Economic Cooperation and Development (OECD) on mutual administrative...Lire la suite | 31/03/2015
cameroon-hosts-3rd-international-agro-food-fair-from-21st-27th-april-2015-in-yaoundé

Cameroon hosts 3rd International Agro-Food Fair from 21st-27th April 2015 in Yaoundé

The city hall of the Cameroonian capital, Yaoundé, will host the 3rd International Agro-Food Fair from April 21-27, 2015. The event is being held under the auspices of the Ministry of Industry. Cameroon’s grand agro-food...Lire la suite | 29/03/2015
cameroon-over-800-million-fcfa-in-contracts-up-for-grabs-in-road-maintenance

Cameroon: over 800 million FCFA in contracts up for grabs in road maintenance

The Cameroonian Minister of Public Works, Patrice Amba Salla, has just launched a nationwide call for tenders to recruit local construction companies to conduct immediate and periodic maintenance on some rural roads in Cameroon. In total,...Lire la suite | 29/03/2015
orange-launches-15-fcfa-per-minute-call-tackling-mtn’s-25-fcfa-rate

Orange launches 15 FCFA per minute call, tackling MTN’s 25 FCFA rate

On January 30, 2015, mobile phone company Orange made its first manoeuvre against its main competitor in lowering calling rates in Cameroon. While it is true that both telecom companies have been reducing their per-minute...Lire la suite | 24/03/2015
telecom-veteran-camtel-lands-4th-gsm-licence

Telecom veteran Camtel lands 4th GSM licence

The telecom veteran industry Cameroon Telecommunications (Camtel), received government authorisation to create and run electronic communication networks with national coverage open to the public. Camtel can now offer mobile services to its customers along with...Lire la suite | 21/03/2015
29/03/2015 Agriculture sic-cacaos-and-chococam-ground-25370-tonnes-of-cocoa-in-late-february-2015

Sic-cacaos and Chococam ground 25,370 tonnes of cocoa in late February 2015

Sic-cacaos, Cameroonian subsidiary of the Swiss company, Barry Callebaut, and Chocolateries confiseries du Cameroun (Chococam), run by South Africa-based Tiger Brands, purchased 25,370 tonnes of cocoa beans in the first seven months of the 2014-2015 cocoa season (late February), officially launched on August 1, 2014. According to figures provided by...
29/03/2015 Mining cameroon-wants-to-be-“the-cemac-zone’s-centre-of-negotiation”

Cameroon wants to be “the CEMAC zone’s centre of negotiation”

“Our country is located in the heart of Africa. Its strategic position in the Gulf of Guinea, its bilingualism, its abundant natural resources, qualified skilled labour force, immense potential in energy, competent labourers, ports, roads and railways make it the negotiation centre of the CEMAC zone for mining,” indicated...
20/03/2015 Telecom mobile-telephones-the-battle-is-down-to-the-wire

Mobile telephones: the battle is down to the wire

In the last 10 years, the mobile telephone sector has certainly been the most flourishing, dynamic sector in Cameroon. Indeed, according to Telecommunications Regulations Agency (TRA) statistics, the nation’s telecom watchdog, the mobile penetration rate moved from a low 9.8% to 71% in the 2004-2014 period. In addition, though telecom and...
20/03/2015 Telecom bilan-mtn-beats-out-orange-in-the-first-three-quarters-of-2014

Bilan: MTN beats out Orange in the first three quarters of 2014

Since the 3rd mobile phone operator launched in September 2014 and MTN’s local subsidiary Camtel received its 4th licence, the local subsidiary of South Africa’s MTN established itself as a leader for the first three quarters of the year, beating out Orange’s subsidiary, particularly in terms of customer base and...
18/03/2015 Public management feicom-disburses-117-billion-fcfa-to-60-cameroonian-municipalities

Feicom disburses 11.7 billion FCFA to 60 Cameroonian municipalities

The Special Fund for Equipment and Inter-Municipal Intervention (Feicom) has just granted financing totalling 11.7 billion FCFA to 60 municipalities seeking loans. The loans were approved during the 29th session of the Feicom Financial Support Committee. This was revealed in a February 16 release by Cameroon’s municipal bank led by...

Business in Cameroon Newsfeed

31/03/2015, 03:15 - Public management
Since March 25, 2015, the Cameroonian parliament has been examining a bill...
31/03/2015, 03:13 - Companies
On March 25, 2015, while presenting various Motorola Solutions offers during a...
31/03/2015, 03:11 - Public management
For several days in Cameroon’s economic capital, Douala, young people wearing “Your...
31/03/2015, 03:09 - Finance
In order to revive the Douala Stock Exchange (DSX), the Cameroonian government...
29/03/2015, 19:28 - Agriculture
Société de développement du coton (Sodecoton), which has for the last few...
29/03/2015, 19:15 - Public management
In order to help the Cameroonian authorities to fight the multifaceted crisis...
29/03/2015, 19:12 - Agriculture
Sic-cacaos, Cameroonian subsidiary of the Swiss company, Barry Callebaut, and Chocolateries confiseries...
29/03/2015, 18:56 - Agriculture
In its proposals to the Cameroonian government to launch Cameroon Commodities Exchange...
29/03/2015, 10:02 - Agriculture
The city hall of the Cameroonian capital, Yaoundé, will host the 3rd...
29/03/2015, 09:58 - Mining
“Our country is located in the heart of Africa. Its strategic...
29/03/2015, 09:53 - Companies
The Tony Elumelu Foundation Entrepreneurship Program (TEEP), which aims to accompany 1,000...
29/03/2015, 09:49 - Companies
According to Lebogang Makoloi, the head of the Central and East African...
29/03/2015, 09:43 - Agriculture
Now seven months into the 2014-2015 cocoa season which began in August...
29/03/2015, 09:39 - Construction
The Cameroonian Minister of Public Works, Patrice Amba Salla, has just launched...
29/03/2015, 09:35 - Agriculture
In its 2014-2015 roadmap for the creation of the Cameroon Commodities Exchange...
27/03/2015, 07:10 - Public management
On March 18, 2015, the French and American banks, Société générale and...
27/03/2015, 07:03 - Business
The Spanish group, Eurofinsa, has proposed that the Cameroonian government accept a...
25/03/2015, 08:23 - Governance
The day after the Nigerian Islamist sect’s first attack in Chad, an...
24/03/2015, 08:30 - Telecom
On January 30, 2015, mobile phone company Orange made its first manoeuvre...
23/03/2015, 08:26 - Cooperation
The Heads of State and government of the Central African State Economic...
21/03/2015, 15:10 - Telecom
The telecom veteran industry Cameroon Telecommunications (Camtel), received government authorisation to create...
20/03/2015, 15:03 - Telecom
Officially launched on September 18, 2014, Nexttel has published its rates. According...
20/03/2015, 15:01 - Telecom
In the last 10 years, the mobile telephone sector has certainly been...
20/03/2015, 08:43 - Telecom
MTN’s Cameroonian subsidiary increased its bid with the Cameroonian government to renew...
20/03/2015, 08:35 - Telecom
Since the 3rd mobile phone operator launched in September 2014 and MTN’s...
20/03/2015, 08:32 - Telecom
Mobile phone companies MTN and Orange are currently in negotiations with the...
19/03/2015, 07:20 - Agriculture
The 2015 edition of the International Cameroonian coffee festival (Festicoffee) will take...
19/03/2015, 07:17 - Finance
Since May 2006, when the first company entered (Société des eaux minérales...
19/03/2015, 07:03 - Energy
The Chinese company Sinohydro, which is building the Memvé’élé hydroelectric dam in...
18/03/2015, 02:51 - Public management
The Special Fund for Equipment and Inter-Municipal Intervention (Feicom) has just granted...
18/03/2015, 02:49 - Energy
It’s finally happened! The British oil and gas company, Bowleven, announced on...
18/03/2015, 02:46 - Finance
On March 31, 2015 in Bangui, “the public auction of all related...
18/03/2015, 02:44 - Energy
Cameroon’s energy sector is now dominated by British investments, both in terms...
17/03/2015, 07:16 - Agriculture
The Emergency Programme for the Reviving Coffee Cultivation (Purc-café), officially launched in...
17/03/2015, 07:09 - Energy
Visiting in Garoua, in the North region, where people have been experiencing...
17/03/2015, 06:56 - Finance
After acquiring 97% of Access Bank’s assets in Cote d’Ivoire in December...
14/03/2015, 03:23 - Agriculture
In 2009, agricultural entrepreneurial Adeline Flore Ngo Samnick and some colleagues decided...
14/03/2015, 03:21 - Agriculture
The Institute of Agricultural Research for Development (IRAD in French) has just...
14/03/2015, 03:19 - Agriculture
In light of a provision in the general tax code, which stipulates...
14/03/2015, 03:17 - Energy
According to reliable sources, on March 14, 2015, the Cameroonian Minister of...
29/03/2015 Agriculture private-investors-should-control-80-of-ccx-capital

Private investors should control 80% of CCX capital

In its proposals to the Cameroonian government to launch Cameroon Commodities Exchange (CCX), the country’s agricultural commodities stock exchange, the Eleni LLC firm, which is helping the government with the project, is suggesting that the shareholding of the stock exchange should reflect public private partnership, “which encourages shared ownership by...
29/03/2015 Companies 19-cameroonian-start-ups-will-be-financed-by-the-foundation-of-nigerian-investor-tony-elumelu

19 Cameroonian start-ups will be financed by the foundation of Nigerian investor, Tony Elumelu

The Tony Elumelu Foundation Entrepreneurship Program (TEEP), which aims to accompany 1,000 African start-ups with 50 billion FCFA in financing for a 10-year period, has just rendered its verdict. On the list of 1,000 winners selected by the Elumelu Foundation on March 23, 2015, there are 19 projects submitted by...
20/03/2015 Telecom mtn’s-bid-has-moved-from-35-to-65-billion-fcfa-while-orange-is-standing-firm-at-40-billion-fcfa

MTN’s bid has moved from 35 to 65 billion FCFA while Orange is standing firm at 40 billion FCFA

MTN’s Cameroonian subsidiary increased its bid with the Cameroonian government to renew its GSM licence along with 3G and 4G. The company’s bid has moved from 35 to 65 billion FCFA while the Cameroonian government has maintained the required amount at 75 billion FCFA. In addition, although the Cameroonian government has...
19/03/2015 Agriculture the-international-cameroonian-coffee-festival-festicoffee-2015-will-take-place-from-april-23-25-in-23-towns-and-cities

The international Cameroonian coffee festival, Festicoffee 2015, will take place from April 23-25 in 23 towns and cities

The 2015 edition of the International Cameroonian coffee festival (Festicoffee) will take place from April 23-25, 2015 in the Yaoundé Palais des Sports. Sticking to tradition, this coffee celebration put on by the National Cocoa and Coffee Board (CICC) and the Ministry of Trade will involve coffee tasting in 23...
17/03/2015 Energy joël-nana-kontchou-managing-director-of-eneo-“we-have-a-degraded-network-with-transformers-overburdened-by-140”

Joël Nana Kontchou, Managing Director of Eneo: “we have a degraded network with transformers overburdened by 140%”

Visiting in Garoua, in the North region, where people have been experiencing significant electricity outages, Joel Nana Kontchou, the Managing Director of Eneo, the country’s public electricity company in Cameroon, summed up the country’s electricity situation by saying: “We have to cut out the evil at the root. We have...
14/03/2015 Agriculture cameroon-develops-five-new-varieties-of-more-nutritious-beans-designed-for-various-soil-types

Cameroon develops five new varieties of more nutritious beans designed for various soil types

The Institute of Agricultural Research for Development (IRAD in French) has just developed five new bean varieties. This innovation was presented to the Minister of Scientific Research and Innovation, Madeleine Tchuinté, on March 10, 2015 at IRAD, Foumbot, in the West region. According to the institute’s researchers, these new bean...
13/03/2015 Agriculture call-for-tenders-to-create-a-potato-processing-plant-in-cameroon

Call for tenders to create a potato-processing plant in Cameroon

The Cameroonian Ministry of Industry has just issued a call for tenders to hire a research firm to conduct a technical, institutional and financial study on behalf of the government to create a potato-processing project for Kumbo in the North-West region. According to statistics provided by the National Potato Revival...
12/03/2015 Public management cameroon-business-forum-wants-president’s-office-to-process-cases-more-quickly

Cameroon Business Forum wants President’s office to process cases more quickly

The most pressing call emanating from the Cameroon Business Forum (CBF), which held its 6th meeting on 9th March 2015 in Douala, the country’s economic capital, was addressed to President Paul Biya. The participants of the forum called on the President to intervene in the discussions between government officials and...
12/03/2015 Transports air-france-brussels-airlines-and-camair-co-dominated-cameroon’s-skyies-in-2014

Air France, Brussels Airlines and Camair Co dominated Cameroon’s skyies in 2014

According to the statistical report provided by the Cameroon Civil Aviation Authority (CCAA), air traffic rose by 2% in Cameroon in 2014 with over 45% of flights originating from or terminating in nations of the Economic Community of Central African States (CEMAC). Meanwhile, a very small number of domestic flights...
10/03/2015 Transports cameroon-railway-expansion-feasibility-study-will-soon-start

Cameroon railway expansion feasibility study will soon start

The 3rd session of the Chad-Cameroon Commission, held from March 2-9, 2015 in Yaoundé, culminated in the press release on the adoption of “a simplified procedural manual on the development of a feasibility study on the extension of Cameroonian railway to Chad.” Authorised sources assert that this suggests the imminent...
07/03/2015 Finance sfi-seeks-to-launch-credit-bureau-in-cameroun-to-ease-sme-access-to-financing

SFI seeks to launch credit bureau in Cameroun to ease SME access to financing

The Cameroonian government, Central African States Bank (BEAC in French) and the International Financial Corporation (IFC) are currently in talks to create a credit bureau to facilitate local SMEs access to bank financing. This was revealed by the IFC resident representative, Henri Rabarijohn, as he approaches the end of his...
05/03/2015 Industry taken-over-by-accor-douala’s-meridien-hotel-to-be-renamed-pullman-douala-rabingha

Taken-over by Accor, Douala’s Meridien Hotel to be renamed Pullman Douala Rabingha

Cameroon’s economic capital, Douala, now has a Pullman hotel. The new hotel, the Pullman Douala Rabingha, is the new name for the former Meridien Hotel. The Accor group, which owns this high-end international brand, signed a management contract with Société nouvelle des cocotiers, the hotel’s owner. The company itself belongs to...
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Focus on Douala Stock Exchange

douala-stock-exchange-under-the-microscope

Douala Stock Exchange under the microscope

With only three companies listed, the...
starting-unpreparedness-–-the-first-symptom-of-ill-health

Starting: Unpreparedness – The first symptom of ill-health

The creation of the DSX, Cameroon’s...
banks-vs-dsx-unfair-trading-for-sale

Banks vs. DSX: Unfair trading for sale

The Douala Stock Exchange’s fees are...
businesses-choose-fiscal-hiding-over-dsx-incentives

Businesses choose fiscal hiding over DSX incentives

Despite tax breaks and other concessions,...
bvmac-dsx-the-rivalry-continues

BVMAC-DSX: the rivalry continues

The Douala Stock Exchange has seen...
pierre-ekoule-mouangue-mission-accomplished

Pierre Ekoule Mouangue: mission accomplished

“The Douala Stock Exchange’s aspirations depend...

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