Cameroon: ADC enters the regional stock exchange
State company Aéroports du Cameroun announced it is entering the regional stock market (Bvmac), becoming the first state-owned company to do so. The...British Oriole Resources confirms lithium discovery in Cameroon
British mining company Oriole Resources confirmed this week the discovery of lithium pegmatites in the Adamaoua and Littoral regions of...Cameroon welcomes a delegation of British investors
Cameroon welcomed this week a delegation of British economic operators, who came to explore investment opportunities in the country. According to...Orange Cameroon approves CFA150bn expansion investment
Orange Cameroon announced an investment plan of CFA150 billion to expand and upgrade its network over the next five years. Patrick Benon, the Managing...Cameroon: Govt raises fuel pump prices, following IMF pressures
The Cameroon government announced an increase in fuel pump prices from February 1st. In an official statement, Magloire Séraphin Fouda, Secretary General...IMF to support Cameroon with CFA45bn under 3rd ECF review
Cameroonian authorities have reached with the International Monetary Fund a staff-level agreement under which Cameroon will receive $74.6 million...Cameroon saw a very dynamic primary sector in H1 2022
Cameroon's primary sector was very dynamic at the end of June 2022, a trend that began in late 2020. Data from the national institute of statistics (INS)...Cameroon: govt seeks CFA2,556bn to stimulate the agro-pastoral sector
The Cameroonian government is planning a round table of investors to encourage investments in the agro-pastoral sector. The workshop is aimed at raising...Cameroon signs 10-year debt restructuring plan with trader PSTV
Cameroonian Minister of Finance, Louis Paul Motazé, signed last week in Yaoundé a debt restructuring plan over 10 years with Maos Borg Gaard, Managing...Cameroon lacks consistency in fiscal policies (World Bank)
In its “Creating Markets in Cameroon: Country Private Sector Diagnostic” published last December, the World Bank points to the lack of consistency in...Cameroon: IMF forecasts pump prices to increase by 21% by 2023
The International Monetary Fund recently published an analysis of the impact of rising fuel prices on the Cameroonian market. According to the...World Bank calls on Cameroon’s govt to give room to the private sector
The World Bank published a report last December recommending that the Cameroonian government relinquish control over some productive sectors to leave room...Cameroon: AFD pledges CFA33.4bln for development projects in Northern region
Rémy Rioux, Head of the French Development Agency (AFD), signed Monday three financial deals with the Cameroonian Minister of Economy Alamine Ousmane Mey...Cameroon acquires a pavilion at the Paris Agriculture Show, a first time
For the first time, Cameroon has acquired a pavilion at the Paris International Agricultural Show (SIA). This year, the event will take place from...Cameroon hosts AfWA symposium on drinking water production-distribution
The Cameroonian capital is hosting, starting today, a two-day international symposium on the management of companies active in the production and...Cameroon: Memvé’éle dam’s low production leads to rolling blackouts (Eneo)
The Cameroonian population will soon experience episodes of rolling blackout, which the power utility Eneo blamed in a January 25 statement on the decline...Waste management in Yaoundé: Thychlof Sarl joins Hysacam
Yaoundé City Hall announced it is hiring a new waste management company, a second, to the Cameroon Hygiene and Sanitation Company- Hysacam. “Until now,...Cameroon to pave 700 km of roads in 2023, twice as much as in 2022
The Cameroonian Minister of Public Works announced last January 23 the government is expecting to pave 700 km of roads this year. He was speaking at the...Hydrocarbons: Industry actors roll up sleeves to build the Central African Pipeline System
The Central African Pipeline System (CAPS) Project is gradually taking shape. The African Energy Chamber organized this month a round table during which...The number of Internet users in Cameroon grew by 10.6% in 2022
The number of Internet users in Cameroon increased by 967,000 (+10.6% YoY) in 2022, the GSMA Intelligence recently reported. The Internet penetration rate...Martinez Zogo's murder sent a bad signal to investors, Gicam says
The group of employers of Cameroon (Gicam) said the recent tragedy that happened in the country is a bad signal to potential investors eyeing the local...The Economic Press Association of Cameroon demands justice in the murder of Martinez Zogo
The situation remains unclear for many as days go by. The dead body of the Cameroonian radio host Arsène Salomon Mbani Zogo, better known as Martinez...Cameroon: The Deposits and Consignments Fund is finally operationalized
The Cameroonian President, Paul Piya, signed last January 20 a decree appointing the first leaders of the National Deposits and Consignments Fund (CDEC)....Afriland, BGFI team up on projects in the Cemac region
Afriland First Group, parent company of Afriland First Bank, signed last January 20 in Douala, a partnership deal with BGFI Holding Corporation, parent...Cameroon: govt cuts fuel subsidy by 50%
For 2023, the Cameroonian government plans to allocate CFA350 billion for fuel subsidy, Cyrille Edou Alo'o, the Budget Director General at the Ministry of...
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