Cameroon acquires a pavilion at the Paris Agriculture Show, a first time
Lake Chad Basin Crisis: ICRC reports 26,000+ cases of disappearances
EU pledges CFA11bn for humanitarian aid in Cameroon
Cameroon acquires a pavilion at the Paris Agriculture Show, a first time
For the first time, Cameroon has acquired a pavilion at the Paris International Agricultural Show (SIA). This year, the event will take place from...
Cameroon hosts AfWA symposium on drinking water production-distribution
The Cameroonian capital is hosting, starting today, a two-day international symposium on the management of companies active in the production and...
Cameroon: Memvé’éle dam’s low production leads to rolling blackouts (Eneo)
The Cameroonian population will soon experience episodes of rolling blackout, which the power utility Eneo blamed in a January 25 statement on the decline...
Waste management in Yaoundé: Thychlof Sarl joins Hysacam
Yaoundé City Hall announced it is hiring a new waste management company, a second, to the Cameroon Hygiene and Sanitation Company- Hysacam. “Until now,...
Cameroon to pave 700 km of roads in 2023, twice as much as in 2022
The Cameroonian Minister of Public Works announced last January 23 the government is expecting to pave 700 km of roads this year. He was speaking at the...
Hydrocarbons: Industry actors roll up sleeves to build the Central African Pipeline System
The Central African Pipeline System (CAPS) Project is gradually taking shape. The African Energy Chamber organized this month a round table during which...
The number of Internet users in Cameroon grew by 10.6% in 2022
The number of Internet users in Cameroon increased by 967,000 (+10.6% YoY) in 2022, the GSMA Intelligence recently reported. The Internet penetration rate...
Martinez Zogo's murder sent a bad signal to investors, Gicam says
The group of employers of Cameroon (Gicam) said the recent tragedy that happened in the country is a bad signal to potential investors eyeing the local...
The Economic Press Association of Cameroon demands justice in the murder of Martinez Zogo
The situation remains unclear for many as days go by. The dead body of the Cameroonian radio host Arsène Salomon Mbani Zogo, better known as Martinez...
Cameroon: The Deposits and Consignments Fund is finally operationalized
The Cameroonian President, Paul Piya, signed last January 20 a decree appointing the first leaders of the National Deposits and Consignments Fund (CDEC)....
Afriland, BGFI team up on projects in the Cemac region
Afriland First Group, parent company of Afriland First Bank, signed last January 20 in Douala, a partnership deal with BGFI Holding Corporation, parent...
Cameroon: govt cuts fuel subsidy by 50%
For 2023, the Cameroonian government plans to allocate CFA350 billion for fuel subsidy, Cyrille Edou Alo'o, the Budget Director General at the Ministry of...
Eneo plans CFA6bn investment budget for 2023
Cameroon’s power company Eneo announced a plan to invest CFA65 billion throughout the current year. According to MD Patrick Eeckelers, the plan will...
Algerian economic operators to conduct exploration mission in Cameroon next January 22-27
A delegation of Algerian economic operators is expected in Cameroon next January 22 to 27. The Cameroonian group of employers (Gicam) says they are coming...
Cameroon: Producers defend the quality of whisky sold in plastic bags, following criticism
After the government granted a third extension to producers of whisky sold in plastic bags, allowing them to continue using the bags until 2026, voices...
Cameroon seeks to raise CFA245bn on the Beac securities market in Q1 2023
The Cameroonian Treasury seeks to raise a total of CFA245 billion on the Beac public securities market between January and March 2023. According to the...
Banana exports in Cameroon grew 8% YoY in 2022
Last year, Cameroonian banana exporters shipped a total of 216,103 tons of fruits to the international market. Compared to the overall 198,634 tons...
Beac market: Cameroon offered highest interest rate on Treasury bills in December 2022
In December 2022, the Cameroonian government offered an interest rate of 4.11% on its fungible treasury bills (BTAs) on Beac’s public securities market....
Brewing activity in Cameroon seen down in Q1 2023
The Brewing industry in Cameroon is forecasted to suffer a setback in the first quarter of 2023 after the upturn in Q4 2022. The reason, Beac said in...
Cameroon cuts diamond and gold export duties by 50% to control illegal exits
The Cameroonian government, in its 2023 Finance Act, announced it is cutting diamond and gold export duties by 50%. The fees will now be 5% of the FOB...
High input prices hits subsistence crop industry in Cameroon
The high prices of inputs are hurting the subsistence crop industry in Cameroon. The Central Bank Beac recently issued a note indicating that the sector...
Cameroonian customs eyes CFA20bn+ in cocoa export taxes in 2023
The Cameroonian Customs Administration (DGD) is expecting the newly-introduced cocoa beans export tax to generate between CFA20 billion and CFA25 billion...
CEMAC: Cameroon captures 42% of bank loans in H1 2022
Cameroon alone captured 42% of the overall volume of new loans granted by banks operating within the cemac region during the first half of 2022. The...
Bank credit supply grew 11.45% YoY in H1 2022 (official data)
The volume of new loans granted within the Cemac region increased by CFA350.2 billion year-on-year over the first six months of 2022. According to...
Cameroon receives French dairy cows to boost local production
The Cameroonian Minister of Livestock, Fisheries, and Animal Industries (Minepia), Dr. Taiga, took delivery, yesterday in Garoua (North), of 165 dairy...
- Most read 7 days
- shared 1 month
- read 1 month
Subscription to our newsletter
Every week the economy and investment news from Cameroon
Business in Cameroon n110: April 2022
Covid-19, war in Europe: Some Cameroonian firms will suffer
Albert Zeufack: “Today, the most important market is in Asia”
Investir au Cameroun n120: Avril 2022
Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir
Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »
African Economies
- Private equity: Southern Africa attracted less than US$600 mln in 2022, down 46% YoY
- Africa: Ecommerce revenues will exceed US$46 bln in 2025 (report)
- Ethiopia: World Bank grants US$745 mln to strengthen healthcare and flood management
- Mauritania reaches deal on new extended fund facility
- Nigeria is Africa's largest sukuk market (Fitch Ratings)
- Tanzania extends SIM verification deadline to Feb 13
- Feed Africa Summit: African Development Bank to commit $10 billion to make continent the breadbasket of the world
- Dakar 2 Summit: Senegal seeks US$2.6 bln for its food strategy
- Nigeria: Mafab Communications joins MTN in the 5G market
- Glo-Djigbé Industrial Zone (GDIZ) awarded three ISO certifications