(Business in Cameroon) - The Town hall of the urban community of Yaoundé will launch in the next months a new bus company, government daily says. The newspaper added that “Le Bus Co SA” was the firm’s name.
A name which resembles that of the actual Bus company serving the city, “Le Bus”, a joint-venture between a group of Cameroonian institutions, including the Yaoundé urban community, and American investors who transferred their assets to two economic operators from Zimbabwe and South Africa.
For years, the Le Bus transport company has been on a down slope. Proof to this is that the company had a 50-buses fleet during its golden age but is now reduced to just 10 buses; buses which could be parked any time from now due to the lack of replacement parts.