Cameroon: ENEO’s cashflow problems force energy rationing in the Northern regions again
On September 26, electric utility ENEO resumed with energy rationing in the three northern regions of Cameroon, an official release informs. According to...
CEMAC: China’s economic recovery boosts the price of energy products exported by member countries
In the second quarter of 2021, the prices o energy products exported by CEMAC countries (oil and gas namely) rose by 12.2%. According to a report...
Cameroon: Prodel injected XAF10 bln in 88 projects in Jan-Sep 2021
The World Bank-backed Livestock Development Project (Prodel) recently published its activity report covering the first nine months of 2021. From the...
BEAC: Cameroon to raise XAF275 bln in the debt market in Q4-2021
Cameroon plans to issue XAF275 billion of public securities in the Bank of Central African States (BEAC) market in the fourth quarter of this year....
Kribi to soon host two plantain production and fish-farming clusters
In the framework of its far belt project in Kribi, the host town of a deep seaport, agroforestry cooperative Coop CA AIO is currently planning to create...
Foreign trade: Togo became Cameroon’s leading African supplier of petroleum products in 2020 (INS)
In 2020, Togo became Cameroon’s leading African supplier and the 7th worldwide, according to figures published by the National Institute for Statistics...
Chollet dam (600MW): Project launch still delayed by fundraising problems in Congo (official note)
For four years now, the 600MW Chollet hydroelectricity project remain stagnant, according to a joint note published by the Cameroonian Ministry of Energy...
Cameroon: messy cash for jobs case hits telecom regulator ART
In a letter sent on September 20, 2021, state minister Ferdinand Ngoh Ngoh instructed Philemon Zo'o Zame, Director General of the Telecommunications...
Central Africa: Afreximbank opens its regional office in Yaounde, Cameroon
On September 22, 2021, the African Export-Import Bank (Afreximbank) opened the doors of its new Yaounde office to the media as a prelude to the official...
Cameroon to boost water access in the West with a US-backed project
On September 21, 2021, Minister of Economy Alamine Ousmane Mey signed a XAF3 billion loan agreement with Humaya Harati, Director-general of Export...
Foreign trade: National Institute of Statistics lists 2020’s Top 5 Cameroonian suppliers
Cameroon generated XAF1,813 billion by exporting its products to 126 countries in 2020, according to figures from the national institute of statistics...
Cameroon to install two mini-hydropower plants in the West and the Litoral
On September 20, 2021, in Yaoundé, the United Nations Industrial Development Organization (UNIDO) presented the preliminary design studies for a project...
Cameroon: Sonamines launches campaign against child labor on mining sites
Today September 21, 2021, the National Mining Corporation (SONAMINES) officially launched an awareness campaign against child labor on mining fields....
US hospitality giant Hilton announces a new hotel in Douala
American multinational hospitality brand Hilton announced, on September 20, its upcoming establishment in Douala, after its first hotel already built in...
CEMAC: BEAC launches another liquidity withdrawing operation to combat inflation
Today September 21, 2021, in the CEMAC region, the Central bank BEAC launched an operation aimed at withdrawing liquidity from the regional financial...
Cameroon: Aluminium exports dwindled 34.7% YoY in H1-2021 due to ALUCAM’s woes
Cameroon exported 14,925 tons of aluminium in H1-2021, according to figures published by the national institute of statistics INS. Compared with the...
Covid-19: Though in surplus, Cameroon’s trade balance with CEMAC neighbors fell by 9% YoY in 2020
In 2020 Cameroon recorded a surplus in its trade balance with neighboring CEMAC countries [Gabon, Congo, Chad, the Central African Republic, and...
Public Securities: Cameroon to source XAF25 bln on the BEAC market
On September 22, 2021, after several weeks of rest, Cameroon will be back on the CEMAC debt market to try to raise XAF25 billion, the central bank BEAC...
Nachtigal Hydro Power Company commits to supporting vocational training in Cameroon
Minister of Employment and Vocational Training Issa Tchiroma Bakary recently signed a partnership agreement with Nachtigal Hydro Power Company (NHPC), the...
CIMENCAM creates study and exploration division to face competition
Cement producer CIMENCAM recently registered a division dedicated to studies, exploration, and exploitation in the cement industry. According to a legal...
Douala: Electricty supply disrupted in 24 neighborhoods due to an incident in the transport network
Today September 16, 2021, electric utility ENEO announced an incident involving electricity transportation company SONATREL’s transformer 225/90 kV n°2...
Cameroon: The western region brings its African swine fever outbreak under control
On September 14, 2021, Awa Fonka Augustine, governor of the Western region, signed a decision terminating restrictions on the transportation and...
Cameroon: BGFIBank announces 2-fold plan to overrun competition
BGFIBank will build its national headquarters in Douala, Henri-Claude Oyima (photo), CEO of BGFIBank group indicated yesterday September 15, 2021, during...
Cameroon serviced XAF728 bln debt in H1-2021 (CAA)
Between January and July 2021, Cameroon disbursed XAF728 billion to service public debts, according to the national sinking fund CAA. That envelope...
Cameroon: Rice imports rose 23% YoY in H1-2021
During the first six months of 2021, Cameroon imported 319,330 tons of rice, according to recent figures published by the national institute of statistics...
Port of Kribi: South II customs sector collected close to 100% of its 2020 revenues in H1-2021
The South II customs sector covering the Kribi deep seaport collected XAF73.56 billion of customs revenues in the first semester of 2021, according to a...
Cameroon: Trade deficit worsens to XAF744 bln, up by 7.5% YoY in H1-2021
In the first semester of 2021, Cameroon recorded a XAF744 billion trade deficit, up by 7.5% year-on-year, according to recent data from the National...
Cameroon: Iron processing plant Prometal 4 to be operational by October 2021
German mechanical engineering firm SMS group GmbH recently launched the testing phase of Prometal 4, the most modern iron processing plant in the Central...
Cameroon: Export earnings rose 21.5% YoY in H1-2021 despite Covid-19
Between January and June 2021, Cameroon exported 3.8 million tons of goods generating XAF1,080 billion of export earnings, according to the National...
Cameroon fine-tunes a draft law on organic agriculture
From September 9 to 10, 2021, in Yaoundé, a workshop was organized to pre-validate the draft bill governing organic agriculture in Cameroon. Presided by...
World Bank: Regional Vice president Ousmane Diagana starts official tour in Central Africa
Ousmane Diagana (photo), World Bank Regional Vice President for Western and Central Africa, has embarked on a Central African tour during which he will...
Cameroon initiates a program to boost rubber production by over 6.5 kilotons in 2022
Cameroon expects to boost its rubber production by 6,667 tons in 2022, thanks to a government program aimed at developing oil palm and rubber tree...
Elite force BIR trains 140 junior officers on counter-terrorism techniques
Far-North: 2 soldiers and 3 BK-Haram assailants die in attacks in Fotokol and Gozon
Higher education: Global network AUF presents the whitepaper of the Scientific Francophonie
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Business in Cameroon n103: September 2021
Cameroon: The other cocoa land
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