Yaoundé - 26 February 2024 -

Cameroon waives import duty on 190,000 tons of rice from India to combat rising prices

To facilitate the import of 190,000 tons of rice from India in March and April 2024, the Cameroon Government has offered a special incentive to importers...
Friday 23 February 2024Energy

Cameroon’s Minister of Energy asks for patience over power cuts until March 2024

For over two months, households and businesses across seven of Cameroon's ten regions connected to the Southern Interconnected Grid (RIS) have been...
Friday 23 February 2024Public management

China remained Cameroon's leading supplier in 2022, despite minor market share dip

The National Institute of Statistics recently issued a statement, providing data on Cameroon’s trade exchanges in 2022. According to the document,...
Friday 23 February 2024Energy

Cameroon's LNG earnings soar by 148.8% in 2022 (INS)

Cameroon experienced a "spectacular" surge in revenues from liquefied natural gas (LNG) exports in 2022, data from the national stats agency INS showed....
Thursday 22 February 2024Public management

Cameroon: President increases family allowances and public sector salaries

Cameroon’s President Paul Biya signed two decrees yesterday approving the increase in both family allowances and the salaries of public sector employees....
Thursday 22 February 2024Construction

Cameroon embarks on major road maintenance project for 2024

Emmanuel Nganou Djoumessi, Cameroon's Minister of Public Works, announced on February 19, 2024, the launch of a selective national tender only open to A,...
Thursday 22 February 2024Public management

Banki market inauguration marks new era in Nigeria-Cameroon border trade

The international market in the Nigerian town of Banki, located near Amchidé in Cameroon's Far North region, was officially opened on February 14, 2024....
Wednesday 21 February 2024Public management

The Netherlands overtakes China as Cameroon's leading export market in 2022

In 2022, five countries dominated Cameroon's export market, capturing 62% of the country's total exports, according to a report by the National Institute...
Wednesday 21 February 2024Energy

Eneo Seeks CFA18bn from govt to tackle power cuts

Cameroon’s power company Eneo says it needs CFA18 billion from the government to prevent power outages across the country. Following a directive from the...
Wednesday 21 February 2024Mining

Morocco's Cimaf to triple cement production in Cameroon by March 2024

Ciments de l’Afrique (Cimaf), a local subsidiary of Moroccan group Omnium des industries et de la promotion (OIP), has announced that its new production...
Friday 16 February 2024Public management

Cameroon targets CFA200bn with 8th Bond issue

The Government of Cameroon is gearing up to launch its eighth bond issue in April 2024, aiming to raise CFA200 billion through the Central African...
Friday 16 February 2024Public management

Business in Cameroon gets recognition from Finance Ministry

Business in Cameroon wins Best Online Economic Press Award for 2023. The prestigious award was presented by the Cameroonian Ministry of Finance during the...
Friday 16 February 2024Public management

Cameroon plans CFA14bn for extensive road upgrades and maintenance in 2024

The Cameroonian Ministry of Public Works (Mintp) announced the disbursement of CFA14 billion to develop and maintain 1,319 km of road in 2024. The...
Friday 16 February 2024Public management

Food prices stay high in Cameroon despite slight decline in headline Inflation

Consumer price increase for 2023 averaged 11.1% in Cameroon, marking a "slight" slowdown from the previous year's 12.9%. According to the national...
Friday 16 February 2024Public management

Cameroon transport sector proposes fare adjustment amid fuel price surge

On February 14, 2024, stakeholders in the transport sector in Cameroon presented a proposal to the government, urging an adjustment in transport fares in...
Thursday 15 February 2024Public management

Cameroonian entrepreneurs battle high costs and power shortages amid push for local production

On February 10, 2024, President Paul Biya addressed Cameroonian youth, urging them to enhance their role in fostering the nation's economic independence....
Thursday 15 February 2024Public management

Fuel price surge to keep inflation at 7% in Cameroon in 2024 (INS)

In its report issued Tuesday on the inflation trends in 2023 and outlook for 2024, Cameroon’s National Institute of Statistics (INS) expects this...
Wednesday 14 February 2024Agriculture

Cameroon’s Banana Exports Reach All-Time High in January 2024

Cameroon's banana exports reached 22,721 tons in January 2024, marking a substantial 25.5% increase from the 18,101 tons shipped to the global market in...
Wednesday 14 February 2024Telecom

The people of North-West and South-West regions benefit from the realizations of IHS Tower kiosks

Presided over on the 9th of February 2024 by Mrs Minette Libom Li Likeng, Minister of Posts and Telecommunications, representing the Prime Minister Head...
Tuesday 13 February 2024Transport

Clarification from Thychof Sarl Regarding the Cleanliness of the City of Yaoundé

THYCHLOF is a young Cameroonian SME whose sector of activity is the removal of household waste, among others. Employing more than 250 people, these...
Thursday 8 February 2024Construction

Chadian firm Sotcogog wins contract for road rehabilitation in Cameroon

The Ministry of Public Works in Cameroon (Mintp) has awarded the rehabilitation contract for a section of the Mora-Dabanga-Kousseri road to the Chadian...
Wednesday 7 February 2024Public management

World Bank's MIGA boasts $458mln investment portfolio in Cameroon

The Multilateral Investment Guarantee Agency (MIGA), a subsidiary of the World Bank that provides investors and cross-border creditors with guarantees...
Wednesday 7 February 2024Public management

Cameron's manufacturing costs drop 1.4% in Q3 2023, led by metallurgy and agri-food sectors

Factory-gate prices in the manufacturing industry in Cameroon experienced a decline of 1.4% year-on-year in Q3 2023, compared to the same period in...
Wednesday 7 February 2024Energy

Cameroon implements new electricity price hike to achieve financial balance

As of January 1, 2024, Cameroon has witnessed a new surge in electricity prices, primarily impacting medium-voltage customers, labeled as "industrial...
Wednesday 7 February 2024Public management

Pairiac Workshop in Douala eases access to European financing in Central Africa

On February 1, 2024, the Program for Regional Integration and Investment in Central Africa (Pairiac) conducted a workshop in Douala, Cameroon, focusing on...
Monday 5 February 2024Finance

Cemac: Beac rejects cryptocurrency regulation amid fintech demands

In response to pressing calls from fintech companies to regulate cryptocurrencies in the CEMAC region, the Central Bank of Central African States (BEAC)...
Monday 5 February 2024Construction

Cameroon speeds up road investment, aims to surpass current 8.39% paved network

The government of Cameroon has unveiled plans to boost the paved road network in the country. According to official figures from the Ministry of Public...

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