Yaoundé - 26 January 2021 -



Community integration tax: CEMAC estimates arrears at over XAF80 bln

The volume of unpaid community integration tax owed by members of the CEMAC community was estimated at XAF80 billion at end-2020. This was revealed on...

Tuesday 26 January 2021Public management

Cameroon: 155 advertising companies approved to operate this year

Minister of Communication René Emmanuel Sadi recently published a list of 155 companies authorized to carry out advertising consulting and...
Tuesday 26 January 2021Public management

Cameroon: Water utility Camwater seeks suppliers for 11,500 conventional water meters

Gervais Bolenga (general manager of Cameroon water utilities corporation-Camwater) announces that he recently issued a national call for tenders...
Tuesday 26 January 2021Economy

CEMAC: Cameroon proceeds to provisional acceptance of 150-km of roads linking the country to Congo

The Cameroonian Ministry of Public Works (Mintp) informs that today January 26, 2021, it will proceed to the provisional acceptance of 150 kilometers of...
Monday 25 January 2021Public management

Cameroon: Estimated at 140,170 tons in 2020, local rice production covered only 24% of demand, MINADER reveals

In 2020, Cameroon’s local production covered just 24.3% of its rice demand, according to figures published by the Ministry of Agriculture  (MINADER)....
Monday 25 January 2021Economy

Cameroon: About 2,000 companies were created over 2015-2020 thanks to Youth AEP

At end 2020, the Youth Agro-pastoral Entrepreneurship Promotion Program (Youth AEP – PEA Jeunes in French), funded by the International Fund for...
Monday 25 January 2021Public management

PROMOTE2021 postponed to Feb 2022 because of Covid-19

The International Foundation Inter-Progress, mandated by the Cameroonian government for the organization of the International Exhibition for...
Friday 22 January 2021Agriculture

Cameroon sets up a policy framework to promote the production of sustainable and zero-deforestation cocoa

On January 13, 2021, in Yaoundé, Cameroon set up a policy framework for sustainable and zero-deforestation cocoa. Through this platform, the State of...
Friday 22 January 2021Energy

Cameroon: Maroua and Guider solar plants receive tax and customs exemptions

The Maroua (15 MW) and Guider (10 MW) solar plants construction project will benefit from the tax and customs exemptions provided by the 2013 private...
Friday 22 January 2021Agriculture

Cocoa: Cameroon committed to ensuring full traceability by 2025

Cameroon is committed to ensuring the full traceability, from plantations to export terminals, of cocoa produced in the country by 2025. This was revealed...
Friday 22 January 2021Public management

MAETUR’s projects are delayed by land disputes in high demand areas, CTR indicates

The numerous land disputes involving the Urban and Rural Land Development and Maintenance Mission (MAETUR) are dealing a serious blow to the state-owned...
5923-HIMA-PUB13-Meet Inn Eng Banner Resized 1000 x 90 px V2
Thursday 21 January 2021Construction

Road construction: Prime Minister Dion Ngute prescribes the systematic budgetization of networks relocation services to avoid delivery delays

At the end of the 24th session of the National Road Council (Conaroute) held on January 19 in Yaounde, Prime Minister Joseph Dion Ngute (photo)...
Thursday 21 January 2021Agriculture

CDC recorded XAF17.9 bln of net losses in 2019, CTR reveals

State-owned agribusiness Cameroon Development Corporation (CDC) recorded a XAF17.9 billion net loss in 2019, according to a report published by the...
Thursday 21 January 2021Economy

Tradex orders 38,100 smart gas cylinders to renew existing ones

Turkey-based company Evas Ev Aletleri San A.S. has recently been declared the successful bidder for a contract to supply commercial...
Thursday 21 January 2021Economy

State-owned advertiser Cameroon Publi-Expansion has operated in total financial opacity for 33 years, CTR claims

For about 33 years, Cameroon Publi-Expansion (CPE), a public company that leases billboards, has operated in total financial opacity, according to a...
Wednesday 20 January 2021Economy

Gabon starts CEMAC roadshow with Cameroon, to ensure the success of its 2021 fundraising operations

To ensure success for its public securities issuance program this year, Gabon (which intends to raise XAF885 billion on the CEMAC money market this year)...
Wednesday 20 January 2021Economy

Cameroon: Camrail denounces incivility that causes accidents on the railway track

The incivility of some residents along railway tracks delays traffic flows and causes accidents, according to Camrail, concessionaire of railway transport...
Wednesday 20 January 2021Energy

Guider and Maroua solar power plants will cost XAF14 bln, ENEO reveals

The Guider (10MW) and Maroua (15MW) solar power plants will cost XAF14 billion, according to electric utility ENEO, which disclosed the figure in its...
Wednesday 20 January 2021Public management

Determined to disrupt supplies to Bangui, CPC rebels kill two Cameroonian transporters

 "The Garoua-Boulaï-Bangui section has been declared a red zone by the CPC (ed. note: Coalition des Patriotes pour le Changement, the rebel group...
Tuesday 19 January 2021Economy

Cameroon: Tractafric Equipment’s Kribi-based machine assembly unit will be inaugurated on Jan 23, 2021

Completed in March 2020, the machine and generator assembly unit built in the industrial-port area of Kribi by Tractafric Equipment will be inaugurated on...
Tuesday 19 January 2021Energy

Cameroon: The 1st turbine of the Lom Pangar dam will inject its first 7.5MW into the energy grid in early 2022 (MINEE)

The 30 MW hydroelectric power station being constructed at the foot of the Lom Pangar dam-reservoir (commissioned in the Eastern region in 2015)...
Tuesday 19 January 2021Economy

Cameroon disburses XAF10 bln to prevent social unrests at Camwater

The state of Cameroon has released XAF10 billion to settle the social situation within Cameroon Water Utilities (Camwater), authorized sources...
Tuesday 19 January 2021Economy

Cameroon seeks equipment suppliers for 3 milk processing units in the North-West

The Cameroonian Ministry of Livestock, Fisheries and Animal Industries (Minepia) recently launched an open international tender for the design,...
Monday 18 January 2021Economy

Import-Export: Unauthorized modifications to Electronic Cargo Tracking Notes are now prohibited in Cameroon

Starting from February 1, 2021, "modifications to Electronic Cargo Tracking Notes (ECTNs)  are prohibited," according to a briefing...
Monday 18 January 2021Economy

CICAM shuts Garoua plant over XAF1.3 bln debt

Financially fragilized, for years now, by the fierce competition from fabrics imported from China and West Africa, Cotonnière Industrielle du...
Monday 18 January 2021Construction

Cameroon launches the construction of a XAF9 bln bridge to facilitate mobility around the Lom Pangar dam

Today January 18, 2021, Cameroon's Minister of Water and Energy Gaston Eloundou Essomba is presiding over the launch of the construction of the Lom...
Monday 18 January 2021Economy

Cameroon to recover salaries unduly collected by suspended public servants

The circular providing instructions for the execution of the 2021 finance law reveals that the Cameroonian government will step up the actions initiated...
Monday 18 January 2021Finance

Cameroon: Proparco offers over XAF3 bln guarantee to support loans to local SMEs affected by Covid-19

Proparco (the French Development Agency’s subsidiary focused on private sector development) recently announced that it has signed a partnership...
Monday 18 January 2021Economy

Cameroon to raise XAF160 bln on the money market in Q1-2021

On January 13, the Cameroonian public treasury issued short term securities in a bid to raise XAF20 billion on the BEAC debt market. The said operation is...
Thursday 14 January 2021Public management

Camtel: Judith Yah Sunday ordered to cancel the last “irregular” appointments

"I have the honor to ask you to postpone the execution of the memorandum No. 005/DG/DRH/SGCR of January 8, 2021, appointing temporary staff at the Company...
Thursday 14 January 2021Energy

ENEO posts XAF155 bln of debt to Independent power producers and fuel suppliers at end-2019

In its recently published 2019 annual report, Eneo indicates that during the 2019 financial year, it experienced an "unprecedented deterioration of its...
Thursday 14 January 2021Public management

Rougier group posts €46 mln turnover for 2019, 69% down from 2016 performance

In late 2020, forestry group Rougier, whose Cameroonian subsidiary Société forestière et Industrielle de la Doumé (SFID) went bankrupt three years ago,...
Thursday 14 January 2021Economy

Pay-TV Packages: Cornered by Startimes, Canalsat lowers its prices in Cameroon

Early this year, pay-TV operator Canalsat lowered the prices of some of its packages in Cameroon. These include the "Access" and "Evasion" packages, which...
Thursday 14 January 2021Economy

Cameroon sensitizes economic operators on the opportunities presented by the AfCFTA

Today January 14, 2021, Cameroonian economic operators are scheduled to meet, in Douala, for a conference on the operationalization of the African...
Thursday 14 January 2021Economy

Cameroon launches call for expression of interest for investors interested in its animal by-products processing sector

On January 12, the Cameroonian Ministry of Livestock, Fisheries and Animal Industries (Minepia) issued a call for expression of interest to pre-qualify...
Wednesday 13 January 2021Public management

Port of Kribi seeks a “free zone” status to facilitate investments

In his January 7 newsletter, Patrice Melom (photo), Managing director of the Autonomous Port of Kribi (PAK), reveals that the PAK is working (in...
Wednesday 13 January 2021Infrastructures

Cameroon to inject XAF375.49 bln into “major projects” this year

Cameroon plans to invest XAF375.49 billion for the implementation of “major projects” (known as first-generation projects) announced in the Strategic...
Wednesday 13 January 2021Economy

Cameroon: Only active taxpayers can now engage in financial transactions with the administration (MINFI)

"As part of the implementation of the new tax and budgetary reforms, especially those relating to the inclusion of active taxpayers in the chain of public...
Wednesday 13 January 2021Public management

Cameroon: Prometal to commission the most modern iron processing plant in Sub-Saharan Africa in H2-2021

In late 2018, Prometal (leader of the concrete iron and ferrous products market in Cameroon) launched the construction of Prometal 4, an iron processing...
Tuesday 12 January 2021Public management

E-Tax: Cameroon extends Q1-2021 tax declaration and payment deadlines in 4 major cities

On January 11, Finance Minister Louis Paul Motaze signed a release extending the deadlines for tax declarations and payments in the country's major...
Tuesday 12 January 2021Economy

Cameroon cancels excise duties on Made-In-Cameroon cosmetics to reduce imports

On December 30, 2020, Finance Minister Louis Paul Motaze signed a circular detailing measures for the implementation of the 2021 finance law. The said...

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