Yaoundé - 28 September 2021 -

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...

Monday 27 September 2021Public management

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...
Monday 27 September 2021Agriculture

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...
Monday 27 September 2021Finance

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....
Friday 24 September 2021Agriculture

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...
Friday 24 September 2021Construction

Cameroon: PM Joseph Ngute instructs the allocation of a specific percentage of public construction contracts to MATGENIE

Since September 22, 2021, employees of the National Civil Engineering Equipment Depot (MATGENIE) have been, once again, protesting to request the payment...
Friday 24 September 2021Public management

Douala-Bangui-Ndjamena corridor: Cameroon introduces single transit permit to save time and reduce hassles

Cameroon recently introduced the single transit permit for trips along the Douala-Bangui and Douala-Ndjamena corridors. This digital permit issued by...
Friday 24 September 2021Mining

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...
Friday 24 September 2021Energy

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...
Friday 24 September 2021Public management

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...
Thursday 23 September 2021Public management

Schools, roads, hospitals…: Sub-contracted public services also affect state firms’ finances (official)

In Cameroon, apart from the huge debt and expenditures as well as lack of innovation and competitiveness, state firms’ performance is also affected by the...
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Thursday 23 September 2021Finance

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...
Wednesday 22 September 2021Economy

Penja Pepper: OAPI suggests actions to revitalize the sector affected by frauds, insecurity, and diseases

Several problems are affecting the smooth operations of the Protected Geographical Indication (PGI) label awarded to the Penja Pepper in Cameroon, the...
Wednesday 22 September 2021Infrastructures

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...
Wednesday 22 September 2021Commerce

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...
Wednesday 22 September 2021Energy

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...
Tuesday 21 September 2021Mining

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....
Tuesday 21 September 2021Public management

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...
Tuesday 21 September 2021Finance

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...
Tuesday 21 September 2021Companies

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...
Monday 20 September 2021Economy

Yaounde commissions a fecal sludge treatment plant, a first step in its sectoral reorganization process

Yaoundé recently commissioned its first fecal sludge treatment plant, according to a release signed by its mayor Luc Atangana Messi. The €4.3...
Monday 20 September 2021Economy

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...
Monday 20 September 2021Public management

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...
Monday 20 September 2021Economy

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...
Thursday 16 September 2021Economy

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...
Thursday 16 September 2021Economy

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...
Thursday 16 September 2021Public management

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...
Thursday 16 September 2021Finance

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...
Wednesday 15 September 2021Economy

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...
Wednesday 15 September 2021Economy

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...
Wednesday 15 September 2021Public management

Cameroon: CIMENCAM calls for measures to help cope with additional production costs generated by the health and economic crisis

Yesterday September 14, 2021, in Yaoundé, Minister of Commerce Luc Magloire Mbarga Atangana granted an audience to a delegation of LafargeHolcim Maroc...
Wednesday 15 September 2021Economy

CEMAC: Equatorial Guinea meets with Cameroonian authorities to boost cooperation in the hydrocarbons sector

Equatoguinean Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima was granted an audience on September 13, 2021, by Paul Biya, President of the...
Tuesday 14 September 2021Public management

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...
Tuesday 14 September 2021Economy

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...
Tuesday 14 September 2021Public management

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...
Tuesday 14 September 2021Economy

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...
Monday 13 September 2021Agriculture

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...
Monday 13 September 2021Public management

Cameroon: CICAM fulfilled just 10% of production target for World Teacher’s Day due to financial and technical problems

Out of a production forecast of 912 bales, state firm CICAM officially produced only 100 bales (about 10% of target) of printed fabric for the World...
Monday 13 September 2021Energy

Cameroon: National Hydrocarbons Corporation SNH announces investment in the renewable energy industry

In its recent periodical, the National Hydrocarbons Corporation SNH announced its ambition to exploit development opportunities in the renewable energy...
Monday 13 September 2021Public management

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...
Friday 10 September 2021Agriculture

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...

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