Yes, a minor is criminally liable in Cameroon, with the exception of...
Yes, there is a monkeypox outbreak in Cameroon
No, the student wounded in Obala didn’t have his whole hand cut off
Cameroon : Kuwait Fund’s active portfolio estimated at about XAF20 billion
Currently (January 2020), the active portfolio of the Kuwait Fund in Cameroon includes three projects for an amount of US$35.5 million, or about XAF20...
Cameroon : Minimum cocoa farm gate price drops to XAF1,080 per kilogram
Since December 31, 2019, the farm-gate price per kilogram of cocoa beans in Cameroon's production basins has declined slightly from a high of XAF1,250 to...
CEMAC : Credit institutions required to transmit daily transaction data to the BEAC
Starting from 2020, credit institutions operating within the CEMAC region will henceforth be subjected to stricter regulations concerning the transmission...
CEMAC: In 2018, local bank’s loans were mainly channeled towards countries
In 2018, bank lending within the CEMAC region rose by 8.8%, the region’s central bank BEAC informs in its 2018 activity report. According to the...
Cameroon : 69% of investment budget dedicated to infrastructures and the production sector this year
This year, Cameroon’s public investment budget is XAF1,496 billion, a little up by 6% year over year. According to the Ministry of Economy, 69% of that...
Cameroon tightens conditions for the attribution of benefits to civil servants
Since the beginning of this year, “the accumulation of benefits, the payment of amounts in excess, the extension of benefits, not provided for in the...
Olivier Malâtre becomes Allianz Cameroon’s MD
Subject to the approval of local regulatory authorities, the management of the insurer Allianz Cameroon is expected to change hands during the beginning...
Government urges public administrations to keep water and energy expenditures in check
“By the end of the year 2020, each administration must have precise knowledge of the level of its [water and electricity] consumption and corresponding...
AFCON 2021 to be held in Cameroon from Jan 9 to Feb 6, 2021
AFCON2021 will be held in Cameroon from January 9 to February 6, 2021. This information was relayed by Ahmad Ahmad, president of the Confederation of...
Cameroon offers young people opportunities in the digital technology sector
On January 15, 2020, Cameroon's Minister of Posts and Telecommunications, Minette Libom Li Likeng, visited École nationale supérieure des Postes,...
Cameroon and Chad review their joint road and energy projects
On January 14, 2020, Chad's Minister of Economy and Development Planning, Issa Doubragne, completed a five-day working visit to Cameroon. On the last day...
Cameroon adopts a stringent management of civil servants’ payroll
In the circular setting orientations for the 2020 finance bill, the Minister of Finance Louis Paul Motaze (photo), gives instructions regarding the...
Babadjou-Bamenda road: World Bank to resume disbursements for construction
On January 10, 2020, during a meeting to evaluate projects financed by the World Bank in Cameroon, the Bretton Woods institution announced the resumption...
Olama-Kribi road : Cameroon completes fund mobilization phase
On January 13, 2020, the Cameroonian Minister of Economy, Alamine Ousmane Mey and the Deputy Director-General of the Kuwait Fund for Arab Economic...
CEMAC : Microfinance institutions recorded XAF90 bln of outstanding loans in 2018
In 2018, the 619 microfinance institutions operating in the six CEMAC countries (Cameroon, Congo, Gabon, Chad, CAR and Equatorial Guinea) granted XAF493...
HIV/AIDS: The U.S. triples its support to Cameroon’s program to XAF57 bln this year
The U.S. government, through PEPFAR (the President's Emergency Plan For AIDS Relief launched by former U.S. President George W. Bush in 2003), has decided...
Nigerian Access Bank enters the Cameroonian market
Nigerian banking group Access Bank just created a subsidiary in Cameroon. With an initial capital of about XAF14.5 billion, the new subsidiary’s...
Cameroonian Martin Ché becomes UBA’s CEO in the CESA zone
Cameroonian native Martin Ché, former CEO of UBA Cemac, has just been appointed Regional Chief Executive Officer of the Central, Eastern, and Southern...
Cameroon : A half-billion Sorghum husking unit inaugurated in the Far-North
On January 10, 2020, the Cameroonian Minister of Agriculture Gabriel Mbairobe inaugurated a sorghum husking and storing unit in Maroua, the capital...
Cameroon: Oil revenues 25.6% up despite 11.9% drop in oil prices in Jan-Sep 2019
During the first nine months of 2019, Cameroon's oil revenue reached XAF431.7 billion, up by XAF88.1 billion (+25.6%) year-on-year. According to the...
Cameroon records success at its first 2020 fungible bills issuance with a 2.1% average interest rate
The Cameroonian Treasury succeeded in raising a total of XAF20 billion on the BEAC debt market at the end of a 26-week fungible treasury bills auction...
Cameroon : Towards a war between the ports of Douala-Bonabéri and that of Kribi?
Is Cameroon heading towards a war between the Port of Douala, the main entrance for 95% of goods entering via sea route, and that of the newly...
CHAN 2020 and AFCON 2021 : CAF’s president on working visit from Jan 13-15
On January 13-15, Ahmad Ahmad, President of the Confederation of African Football (CAF), will be on a working visit in Cameroon, the country’s Minister of...
Cameroon implements new taxes on bleaching, tobacco, and gaming products
This year, as proposed by the Cameroonian government in parliament during the November 2019 session, several imported products will be subject to new...
Henley & Partners Passport Index: Cameroon among the least competitive in the CEMAC region
Henley & Partners just published the 2020 ranking of the most powerful passports in the world. This power is a function of the number of countries to...
Cameroon rationalizes company inspections to protect economic operators against harassment
Economic operators in Cameroon can now heave a sigh of relief, and for a good reason. In separate notes addressed on December 17, 2019, to the...
CEMAC countries negotiate an extension of programs with the IMF
According to Standard & Poor's (S&P), CEMAC countries are currently negotiating an extension (that would not exceed 2 years) of the three-year...
CEMAC : AfDB’s regional director reveals the reasons behind aborting the project Air CEMAC
In an interview with the Cameroonian government daily, Cameroon Tribune, Ousmane Doré, the outgoing Director-General of the AfDB for Central African...
Cameroon finally stops VAT on life insurance contracts following Insurers’ protests
Cameroon has abolished the value-added tax (VAT) applied to life insurance for this fiscal year. In the circular of the Minister of Finance (Minfi),...
Cameroon moves to strengthen its international tax fraud and evasion combating system
In the 2020 Finance Law, Cameroon has decided to strengthen its international tax fraud and evasion combating system. To this end, the country has...
Cameroon : Feicom allocated XAF10.19 bln to 81 communes in 2019
Fonds spécial d'équipement et d'intervention intercommunale (Feicom), the Cameroonian bank for communities, informs that it is satisfied with its...
Cameroon announces the recruitment of 500 University lecturers this year
After a first wave of 1,237 recruits in 2019, the Minister of Higher Education (Minesup), Jacques Fame Ndongo (photo), has announced a second phase to...
Construction works on Kribi-Lolabé highway to resume shortly
Construction works on the Kribi-Lolabé highway, on hold since November 26, 2018, are expected to resume in the coming days. “Following the very...
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Business in Cameroon n82-83: December 2019-January 2020
CFA: The debate is open in the CEMAC
Cameroon becomes CEMAC’s financial center
Investir au Cameroun n92-93: Decembre 2019-Janvier 2020
Franc CFA : le débat est ouvert en zone CEMAC
Le Cameroun devient la place financière de la CEMAC
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