Nigeria-Cameroon: Towards an association in the cocoa sector for better prices
Nigeria plans to associate with Cameroon to obtain better prices for their cocoa. This was announced, on October 10, 2019, by Sayina Riman, president of...
No, Cameroon has not been sanctioned by the Global Fund
No, French president Emmanuel Macron hasn’t threatened to repatriate African activists
No, Herman Cohen is not the spokesman of the virtual nation “Ambazonia” in Cameroon
Cameroon honors Africa during the Global Fund’s sixth replenishment conference
During the Global Fund’s sixth replenishment conference in Lyon, France, held last October 9-10, Cameroon contributed XAF3 billion. Cameroon’s...
Kribi deep seaport awards its top logistics services providers
Six of Kribi deep seaport’s logistics services providers were awarded, on October 10, 2019, for their performances in goods’ handling, official sources...
Cameroon: 1,069 artifacts and fossils collected in the framework of Lom Pangar dam’s construction
In Yaoundé, Cameroon, Institut français du Cameroun (IFC), recently hosted a 10-day varnishing workshop around the theme "Lom Pangar, un barrage qui...
Cameroon: OFII helped reintegrate 110 residents who returned from France
From 2010 to date, Cameroon has spent more than XAF570 million to support residents who returned home after a stay in France. Thanks to these supports,...
Cameroon: Customs revenues up by 200% in 2007-2018
Between 2007 and 2018, Cameroon doubled its customs revenues, according to figures published by the ministry of finance in the 2020-2022 budgetary stance....
Company creation: simplification reforms helped save XAF197.3 bln at end-2018
In Cameroon, the simplification of business creation procedures has helped entrepreneurs save XAF197.3 billion between 2010 and 2018. This was revealed by...
Cameroon: A Carrefour’s Cash & Carry store to be launched by end 2020
In the framework of its expansion in Sub-Sahara Africa, French retail group Carrefour, which partnered with CFAO Retail for this conquest of the African...
CEMAC: 80% of BEAC’s liquidity provisions captured by unqualified systemic banks
In a recent report dedicated to CEMAC countries’ economy, it is revealed that about 80% of the liquidities injected by the BEAC was provided to three...
Global Fund: Paul Biya in France to raise close to XAF100 billion
From October 9 to 10, 2019, Cameroon’s president, Paul Biya, will participate in the sixth Global Funds’ replenishment conference in Lyon, France....
BEAC commits to raising NFA to XAF3,000 bln by end 2019
The IMF recently published a report on CEMAC’s common policies initiated since 2017 to support members’ reform programs. In the report, the IMF indicates...
Le Cameroun s’intéresse au programme-cadre de recherche Horizon 2020 de l’Union européenne
At the request of the Cameroonian minister of the economy, the European Union presented, in October 2019, its Programme Horizon 2020, in Yaoundé. During...
Over 6,400 tons of illegaly-harvested fishes seized at Lagdo dam
In Cameroon, the regional delegation of the ministry of livestock for the Northern region seized more than 6,400 tons of fish illegally harvested at Lagdo...
Cameroon: Boosted by PHP, banana exports rose by 3,200 tons in Sep 2019
In September 2019, the two banana exporters still operating in Cameroon exported 18,309 tons of banana, according to figures published by the banana...
Cameroon: XAF1,400 bln needed to boost rice production to 1.4 mln tons by 2024
XAF 1,400 billion is the amount needed to implement the recovery plan suggested by the Cameroonian Ministry of economy to relaunch the rice industry....
Cameroon: Adoption of E-signature rising but still needs publicity, according to the INS
Data gathered from the Cameroonian IT and Telecoms Agency ANTIC reveal notable advances in the use of digital signature in the country. According to the...
Cameroon will “encounter tremendous difficulties” in timely debt servicing till 2026 (government)
At a little more than 35% of GDP in late April 2019, Cameroon’s public debt is still sustainable. Indeed, according to the convergence criteria within...
Afriland First Group authorized to launch operations in Uganda
Bank of Uganda officially announced, on October 4, 2019, the issuance of licenses to two new banks, including Afriland First Bank Uganda Limited,...
Construction of Bakassi deep seaport at Cameroon’s border approved
Bakassi deep seaport, at the Cameroon-Nigeria border, will soon be built. According to Ben Ayade, governor of Cross River state, in Nigeria, the federal...
Cameroon inks XAF650 mln deal to rebuild Kumba hospital burnt by separatists
Cameroon, via the minister of health Malachie Manaouda (photo), recently signed a XAF650 million agreement for the reconstruction of Kumba hospital. This...
Cameroon: Raw log exports to the EU dropped 14% in H1,2019
In H1, 2019, Cameroon’s raw log exports to the EU dropped by 14% to 7,000 metric tons, according to figures published by the International Tropical Timber...
Construction of 75 MW Bini dam has not started yet despite the energy minister’s previous assurance
The minister of water and energy’s visit, in February 2019, to the Bini 75 MW dam’s construction site, in Adamaoua, changed nothing about the static...
National dialogue: Effective decentralization with special status for Anglophone regions decided
Today, October 4, 2019, Cameroonians are expecting the publication of resolutions adopted during the national dialogue, held since last September 30 to...
Beac: New banknotes to soon be issued
BEAC, the central bank of CEMAC countries, is preparing to put new banknotes into circulation. The information was revealed in Resolution N°7 of the...
Cameroon was the leading EU supplier of sawn timber in H1, 2019
In H1, 2019, Cameroonian sawn timber exporters exported 141,000 metric tons of the product to the European Union. This is revealed by the International...
Cameroon issues toll-free number to report unlawful practices in markets
Since September 25, 2019, victims or witnesses of any unlawful practice in Cameroonian markets can freely and anonymously notify the ministry of trade on...
Bicec: Some Cameroonian lawyers are still opposed to BPCE’s divestment process
Cameroonian lawyers opposed to the sale of BPCE’s stakes in Bicec reacted to the finalization of this transaction on October 2, 2019. In a joint...
Cameroon launches Korea-inspired customs system to speed up import/export processes
Cameroon has embarked on an IT transition in the customs sector in order to replace “Sydonia++”, its automated customs system. In that regard, the...
Multiprint receives bonus from competitiveness boosting institution BMN for tangible investments
Today, October 2, Bureau de mise à niveau des entreprises camerounaises (BMN) handed a bonus for tangible investment to Multiprint. This bonus, estimated...
Cameroonian economist Célestin Monga quits his job as vice-president of the AfDB
Renowned Cameroonian economist Célestin Monga officially quit his position as the vice-president of the African Development Bank (AfDB). According to...
Programme agropoles has been struggling financially for three years now, the INS reveals
The national institute for statistics (INS) recently published a report assessing the Programme agropoles (PAG). This programme was implemented since 2016...
BCP finalizes the acquisition of 68.5% stake in Bicec
On October 1st, 2019, Morrocan banking group Banque centrale Populaire (BCP) officially finalized the acquisition of a 68.5% stake in Banque...
Cameroon plans to increase many taxes and duties in 2020
On September 27, 2019, in Douala, the Cameroonian minister of finance Louis Paul Motaze (Photo) presented the tax and customs orientations of the 2020...
With 76,000 m3 exported in H1, 2019, Cameroon became the 6th sawn wood supplier to China
In H1, 2019, Cameroon exported 76,000 m3 of sawn timber to China. According to the International Tropical Timber Organization (ITTO) which revealed the...
Cameroon seeks Qatar’s expertise to save Camair-Co
Last Wednesday, on the sidelines of the 40th general assembly of the International Civil Aviation Organization (ICAO) in Canada, Cameroon’s minister of...
Industrialization at the heart of CIF 2019 in Douala
“Industrialisation through import substitution” is the theme retained for the third edition of the Cameroon Investment Forum (CIF). It will be organized...
Cameroon raises, in extremis, XAF20 bln on BEAC’s market
Once again, on September 25, 2019, Cameroon successfully concluded its XAF20 billion fungible bills operation on BEAC’s debt market. However, according to...
Cameroon: The national dialogue has started today, Sept 30, 2019
In Cameroon, the national dialogue started today September 30, 2019, at the Yaoundé congress center. Called by President Paul Biya, this dialogue is aimed...
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Business in Cameroon n80: October 2019
Agribusiness: Brazil ready to show Cameroon the way to higher spheres
Reviewing the state of things in the North and Far North
Investir au Cameroun n90: Octobre 2019
Le coût faramineux de la « crise anglophone »
Décollage réussi pour la Transahélienne de Camair-Co
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First WATT Renewables winners of Renewable Energy Forum 2019 co-organized by the African Development Bank
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