Yaoundé - 25 April 2024 -

Cameroon's red cocoa nears labeling as OAPI awaits coloration analysis

The Cameroon red cocoa, listed in 2019 as a product eligible for geographical indication (GI), has progressed towards labeling by the African Intellectual...
Wednesday 24 April 2024Public management

Cameroon poultry expo revives focus on industry transformation

The 2024 edition of the Yaoundé International Poultry Exhibition (Savi) kicked off on April 23 at the Congress Palace. The event organized by the Cameroon...
Wednesday 24 April 2024Finance

Beac's bond auction meets success in inflation combat efforts

On April 22, the Central African Central Bank (Beac) concluded a successful 14-week bond issuance worth CFA50 billion. This move, offering a 2.5% interest...
Wednesday 24 April 2024Finance

Cameroun delays bond sale amid regional market strain

The Cameroon government has postponed its planned 2024 bond sale, originally slated for April, due to market saturation caused by Gabon and the Central...
Wednesday 24 April 2024Public management

Yaoundé clean water project reaches completion, but challenges remain

Construction of the infrastructure to supply Yaoundé with drinking water, drawn from the Sanaga River in the Centre region, has finally been completed...
Tuesday 23 April 2024Agriculture

Cameroon, FAO sign $2.7mln deal to support smallholder farmers

Cameroon and the Food and Agriculture Organization (FAO) signed a framework agreement worth over CFA1.617 billion (about $2,731,076) to support...
Tuesday 23 April 2024Public management

Cameroon govt cracks down on rice merchants defying price regulations

The Ministry of Commerce has been on the hunt for merchants found guilty of not adhering to the new approved prices for rice. Official sources report that...
Tuesday 23 April 2024Public management

Camtel seeks legal advocates nationwide to safeguard corporate interests

Cameroon’s incumbent operator Camtel issued a call for applications on April 19 to recruit six lawyers and six law firms across the nation's ten regions...
Tuesday 23 April 2024Finance

Mayor of Bafoussam I explores Islamic Finance for local projects

Cyrille Ngnang, mayor of Bafoussam 1 in the West region, took part in the "Community Days of Islamic Finance-Cemac," held in Yaoundé from April 22 to 26....
Tuesday 23 April 2024Public management

Cameroon plans debut debt buyback on BEAC securities market

Cameroon's Treasury is planning a debt buyback operation on the public securities market of the Central African States Bank (BEAC) in May. Sources within...
Monday 22 April 2024Public management

Cameroon Investment Forum wraps up with honors for investment champions

The 4th edition of the Cameroon Investment Forum (CIF), hosted by the Investment Promotion Agency (API), concluded on April 19 in Douala with the...
Monday 22 April 2024Finance

Douala Municipality takes legal action against banks over loan guarantee for market project

Douala Urban Community (CUD) filed a lawsuit on November 2, 2023, against Afriland First Bank (AFB), Commercial Bank-Cameroon (CBC), and Sicc Congo...
Monday 22 April 2024Finance

BEAC to introduce new coin range to tackle persistent shortage

The Bank of Central African States (BEAC) is set to release a new range of coins in 2024, according to internal sources at the central bank. The...
Monday 22 April 2024Public management

Cameroon-E. Guinea maritime line sets sail, prices and options revealed

Cameroon's ambassador to Equatorial Guinea, Désiré Jean Claude Owono Menguele, announced on April 19 the launch of a maritime line for transporting goods...
Friday 19 April 2024Public management

API signs key agreements to boost investor access to economic zones

The Investment Promotion Agency (API) reached two Memorandums of Understanding with the Port Authority of Kribi (PAK) and the Mission for the Development...
Friday 19 April 2024Public management

Cameroun repays CFA39.8bn debt with new borrowings

On April 17, Cameroon reimbursed CFA39.8 billion on the public securities market of the Central African States Bank (BEAC). Renowned for its solvency...
Friday 19 April 2024Public management

CEMAC raises CFA4.336tn in 2023 public securities, CFA2.5tn less than WAEMU

In 2023, the six Cemac countries collectively raised CFA4,336.3 billion on the public securities market of the Central African States Bank (Beac),...
Friday 19 April 2024Public management

Cameroon minister urges african restaurants to unite on geographic indications

Fuh Calistus Gentry, the interim Minister of Mines, Industry, and Technological Development, and Country Director of the African Intellectual Property...
Friday 19 April 2024Public management

Cameroun taps Ivorian firm for visa service upgrade

The Ministry of Foreign Affairs (Minrex) revealed that Ivorian company Impact Palmarès R&D SAS will manage its electronic visa service for 10 years,...
Thursday 18 April 2024Agriculture

Cameroon Investment Forum 2024 focuses on import-substitution policies and private sector concerns

The fourth edition of the Cameroon Investment Forum (CIF), organized by the Investment Promotion Agency (API), kicked off on April 17 in Douala, the...
Thursday 18 April 2024Finance

Market Cap: Bvmac still below targets despite near 37% surge in 2023

The most recent Monetary Policy Report from the Central Bank of Central African States (BEAC), released in March 2024, indicates a substantial surge in...
Thursday 18 April 2024Public management

Yaoundé municipality cracks down on unauthorized ads, demands fees

The Urban Community of Yaoundé (CUY) has been demanding nearly CFA4 billion since 2020 from businesses, including SMEs and multinationals, for the use of...
Wednesday 17 April 2024Tourism

Nigerian travel platform Wakanow.com expands operations to Cameroon

Nigerian travel service Wakanow.com announced on Wednesday its launch in Cameroon. "Our entry into Cameroon is more than just business expansion; it...
Wednesday 17 April 2024Public management

AfDB funds internships for Cameroonian youth in local projects

Over the past few years, the African Development Bank (AfDB) has facilitated 12-month internships for 284 young Cameroonians on various projects in...
Wednesday 17 April 2024Environment

Cameroon initiates public-private waste management company to tackle pollution

Cameroon's Minister of the Environment, Hélé Pierre, chaired a meeting on April 15 on the establishment of a mixed-capital enterprise dedicated to waste...
Wednesday 17 April 2024Public management

Cameroon needs $371mln to provide humanitarian aid to 2.3mln people in 2024

The Cameroonian government is in need of $371.4 million to provide emergency humanitarian assistance to 2.3 million vulnerable people in 2024. This...
Wednesday 17 April 2024Public management

SpaceX set to cut off Starlink access in Cameroon by end of April

Elon Musk’s SpaceX announced it will suspend Starlink in countries where the service is not yet authorized by the end of this month. Tech entrepreneur...

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