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Cameroon posts a 4.1% growth in 2011, confirms recovery

Boosted as always by exportations of raw materials including forestry products, hydrocarbons, cocoa, coffee, cotton and rubber, the Cameroonian economy…

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About 30 countries, a thousand of exhibitors take part in Cameroon's 4th Trade Show

The increasing fame of this three-yearly business confab considered as the most important trade show in Central Africa has prompted…

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CAMAIR-CO conquering the African sky

The new Cameroonian airline intends to cover about a dozen destinations in Africa this month; a deployment meant to strengthen…

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Cameroon and Côte d'Ivoire seek to keep their public wage bill under control

The Cameroonian and Ivorian governments are engaged in public expenditure reduction operations through vast censuses targeting public servants.

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News

About 30 countries, a thousand of exhibitors take part in Cameroon's 4th Trade Show


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The increasing fame of this three-yearly business confab considered as the most important trade show in Central Africa has prompted the increasing number of exhibitors and participating countries.

 


Cameroonian Employers contest the « good score » given by Doing Business


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During the last meeting of the Board of Directors of the 295-member Employers' Movement, Protais Ayangma Amang, President of Cameroon Enterprises (ECam), his Vice Presidents Célestin Tawamba, Jean Perrial Nyodog and the Director General Christian Pouth, discussed several issues concerning the development of SMEs and the 2012 Doing Business classification.  


Cameroon: European companies replaced by Chinese firms


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China Petroleum and Chemical Corporation (Sinopec) has taken possession of 80% of Pecten Cameroun Co shares, through its subsidiary Addax Petroleum. The latter is an oil exploitation unit formerly owned by Shell.
Su Shulin, President of the Chinese Group Sinopec since 2007  


Cameroon: paving the way for major projects and presidential elections


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The Cameroonian Head of State, Paul Biya, running for re-election in the 9 October presidential elections, said at the third congress of the ruling party, RDPC, held on 15 September, that Cameroon would soon enter into a faster development phase; the policy of « great ambitions » that has been in force so far is to be replaced by that of «major accomplishments ».
 


CAMAIR-CO conquering the African sky


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The new Cameroonian airline intends to cover about a dozen destinations in Africa this month; a deployment meant to strengthen the competitiveness of CAMAIR-CO, whose activities were launched in very difficult circumstances.
 


CEMAC Banks: A cash surplus of 4.5 billion Euros


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The Gabonese President, accompanied by Lucas Abaga Nchama, Governor of the Bank of Central African States (BEAC), inaugurated the new head office of the Central African Banking Commission (COBAC) entrusted with the control and independent supervision of the banking and financial system of the six CEMAC countries: Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad.
 


Cameroon and Côte d'Ivoire seek to keep their public wage bill under control


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The Cameroonian and Ivorian governments are engaged in public expenditure reduction operations through vast censuses targeting public servants.
 


Bowleven discovers «100 million barrels off the coast of Cameroon»


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A few days after oil was discovered in the extreme north of the country, Cameroon welcomes yet another happy announcement. The Scottish oil company Bowleven publicized a substantial discovery off Douala, 35 metres deep, in the Rio Del Rey and Douala-basin area.
 


Cameroon: A National commission for the supervision of media activities


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The Minister of Communications, Issa Tchiroma, has set up a Commission to control air time allocated to each candidate for the October 9 presidential elections.
 


Oil discovered in the Extreme North of Cameroon


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The National Hydrocarbons Company of Cameroun (SNH), confirms that the research undertaken in the region has been « fruitful ».
 


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