Yaoundé - 15 August 2022 -

E. Guinean Bange Bank to get listed on the Bvmac, first bank to join

Guinean Bange Bank is preparing its listing on the regional stock exchange Bvmac. Louis Banga, MD of the stock market, met on August 9 in this regard with...
Friday 12 August 2022Public management

Euro-Dollar fluctuation raised Cameroon’s debt by CFA420bn in one year

Recent fluctuations between the euro and the U.S. dollar have increased Cameroon's debt by CFA420 billion (+11.2%) between June 2021 and June 2022. Data...
Thursday 4 August 2022Economy

Cameroon: Beac forecasts brewing profit to fall in Q3 2022

The Bank of Central African States Beac forecasts the brewing industry in Cameroon to experience a sharp decline in Q3 2022. In its bulletin, the...
Friday 29 July 2022Energy

Cameroon: Fuel subsidies could finally exceed CFA780 billion in 2022

The Cameroonian government announced it will approve CFA780 billion in fuel subsidy to keep pump prices unchanged in this harsh period marked by rising...
Friday 29 July 2022Economy

Cameroon: govt to organize promotion days for local products, in the coming months

Cameroonian Minister of Trade, Luc Magloire Mbarga Atangana, announced this week the upcoming organization of special days to promote local products. The...
Friday 29 July 2022Finance

Bvmac plans to increase capital, three years after the Cemac market unification

The Cemac stock exchange, Bvmac, announced plans to increase its share capital currently at CFA6.8 billion. This decision comes three years after the...
Friday 29 July 2022Economy

Bad weather to weigh on wood production in Cameroon

The Bank of Central African States, in its CEMAC business cycle bulletin, forecasts logging activities to decline during the third quarter of this year in...
Thursday 28 July 2022Public management

Cameroon to launch online phytosanitary certificates for Import-Export goods

The Cameroonian government announced this week the upcoming launch of “ePhyto”, an online platform for the issuance of phytosanitary certificates for...
Wednesday 27 July 2022Public management

France seeks to win back influence in Cameroon

While visiting Cameroon yesterday July 26, the French President, Emmanuel Macron, expressed his ambition to win back influence in the country. He...
Wednesday 27 July 2022Energy

Electricity: Yaoundé Super Mayor to invest CFA4bn in solar street lighting

The Super Mayor of Yaoundé, Luc Messi Atangana, proceeded on July 21 to the reception of 98 solar street lamps installed in the 3rd district of the...
Tuesday 26 July 2022Economy

Cameroon: IMF approves new disbursement of CFA46.8bn, despite mixed performances

The International Monetary Fund (IMF) announced Monday it has concluded the 2nd review of the agreements with Cameroon, under the Extended Credit Facility...
Tuesday 26 July 2022Governance

Emmanuel Macron in Cameroon to discuss critical issues with authorities

French President Emmanuel Macron began a mini-African tour yesterday July 25, starting in Cameroon.  According to an official agenda, the French...
Monday 25 July 2022Agriculture

African Fund Fagace supports members of Cameroon’s Chamber of Agriculture

The Cameroon Chamber of Agriculture, Fisheries, Livestock and Forestry (Capef) reached a partnership with the African Guarantee and Economic Cooperation...
Monday 25 July 2022Agriculture

Cameroon: Banana exports grew by 15.7% YoY in H1 2022

Banana exports in Cameroon peaked at 110,091 tons in the first half of this year, compared to 95,150 tons in the same period last year. This makes an...
Friday 22 July 2022Finance

Beac to oversee CAR's cryptocurrency project

The Bank of Central African States (Beac) will oversee the cryptocurrency adoption project ongoing in the Central African Republic. The decision was taken...
Friday 22 July 2022Economy

New Castel investment bodes well for sorghum producers in Cameroon

Right after it had finalized the acquisition of Guinness Cameroon from Diageo, the French group Castel embarked on the deployment of its expansion...
Thursday 21 July 2022Economy

Cameroon: govt makes a list of local products to be prioritized under the import-substitution policy

The Cameroonian government is currently making a list of local products to be prioritized in public procurement as part of its import-substitution...
Thursday 21 July 2022Finance

Cameroon: Rise in US Dollar inflates external debt service for July by CFA3bn

The rise in the US dollar will make Cameroon pay an extra CFA3 billion in external debt service for July 2022. The Minister of Finance’s Treasury...
Thursday 21 July 2022Economy

Pierre Emmanuel Nkoa Ayissi has been appointed as the new Beac Director in Cameroon

Pierre Emmanuel Nkoa Ayissi becomes the new Beac Director in Cameroon. He was appointed yesterday following a meeting of the institution’s Board of...
Wednesday 20 July 2022Public management

Yophi Sarl eyes the European market with made-in-Cameroon products

Cameroonian startup Yophi Sarl, known for its flagship product, Adina (delicate in Hebrew) toilet soap, has unveiled plans to enter the European...
Tuesday 19 July 2022Economy

Cameroon: govt to increase debt level to 50% of GDP by 2025

The Cameroonian government plans to bring its debt level to 50% of GDP by 2025, compared to 45.1% at the end of May 2022. Until 2025, the debt level is...
Tuesday 19 July 2022Agriculture

AfDB supports crop production in Cameroon

The African Development Bank (AfDB) has made CFA42 billion available to Cameroon to support the country’s crop and grain production. The money will be...
Tuesday 19 July 2022Economy

Cicam suspends operations at Garoua plant over fuel shortage, 2nd time in a month

The Garoua-based factory of Cotonnière industrielle du Cameroun (Cicam) has shut down since last July 7. For the second time in a month, Cicam is...
Monday 18 July 2022Public management

Cameroon strives to control staff salaries in 2025, after 10 years of mass hiring

The Cameroonian government plans to achieve a wage sustainability ratio of 33.8% in 2025, after 36.2% in 2024, 37.2% in 2023, and 36.3% in 2022. If this...
Monday 18 July 2022Public management

Cameroon to build rice and onion processing units under an IFAD-backed project

The Cameroonian government is preparing the installation of rice and onion processing units in four regions across the country. The initiative aligns with...
Friday 15 July 2022Public management

Cameroon: govt plans to collect CFA1,047bn in tax revenues in H2 2022

The Cameroon General Directorate of Taxes (DGI) plans to collect a total of CFA1,047 billion in non-oil tax revenues in the second half of 2022. For...
Friday 15 July 2022Finance

Cameroon’s corporate debt is worrying, but still offers opportunities

The National Stats Institution (INS) recently issued a report on the financial and economic situation of the corporate world in Cameroon in 2021. The...

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 »