CUY to take full charge of financing waste collection in Yaoundé
The Yaoundé Urban Community (CUY) plans, in its new model, to start providing 100% of the financial resources needed for waste collection in the...
Camtel claims a 60% increase in sales in 4 years
National Assembly: Ad-Hoc Committee Reveals Close to XAF3 Billion Discrepancy in Accounts
Road construction: CUY Allocates XAF800M for compensation in Yaounde V and VII
Chad-Cameroon Corridor: CNCC creates community center for transporters
Cameroon National Shippers' Council (CNCC) inaugurated last September 27 a community center in Kouseri, Far North, for the purpose of resting and...
Beac public securities market thrives in 2023, despite rising interest rates
The Bank of Central African States -BEAC- noted a good momentum on the primary public securities market throughout the year, despite a constant increase...
Cameroon govt sets up special consumer-friendly facility amid ever-rising inflation
The Cameroonian Trade Department announced the introduction of a special facility to support the population in this tough economic context. Minister Luc...
Cameroon’s Sonara completes debt restructuring with Swiss trader Trafigura
Cameroon’s national refinery- Sonara signed last September 29 a deal with Trafigura PTE LTD to restructure CFA14 billion owed to the Swiss trader. Per...
Douala to welcome first Air Algerie flight next October 12
The Algerian national airline, Air Algérie, is preparing for its first flight from Algiers to Douala on October 12. This information was revealed by the...
BEAC governor calls for vigilance against counterfeit banknotes
Only a few months after their release, forgers have already found a way to make the counterfeit versions of the new range of banknotes put into...
Waste collector Hysacam could lose market share in Yaoundé, again
Cameroon's waste collection company, Hysacam, could face a further reduction in its market share in Yaoundé in the coming months. Hysacam, along with...
Beac sees a mixed economic outlook for 2023
The Bank of Central African States has released a report presenting its overall economic outlook for 2023. The assessment, based on three key...
Cemac deploys mission to assess Cameroon's fiscal policy
From September 25 to October 6, Cameroon will be examined by a Cemac delegation tasked with assessing the country's tax policy. The aim is to determine...
Food prices keep inflation high in Cameroon (INS)
Household final consumption prices in Cameroon went up 0.5% MoM in August 2023, following a 0.4% rise the previous month, the National Institute of...
Douala Customs reopens public auctions after a year off
Customs-led public auctions relaunch Tuesday, September 26 in Douala, after a year of break. The sales will end on September 28, according to the official...
Cameroon, EDF create joint-venture to pilot the Kikot dam project
Cameroon is holding today the constituent general meeting of Kikot Hydro Power Company (KHPC), the joint-venture created in collaboration with its project...
Cameroon plans to boost solar capacity to 250MW by 2030
With an installed capacity of 30.6 MW, Cameroon has joined South Africa, Egypt, Morocco, Algeria, Senegal, Namibia, Tunisia, and Uganda on the list of...
Agnès Ndoumbé Mandeng faces 10-year ban
Agnès Ndoumbé Mandeng, the current CEO of the Cameroonian Bank for SMEs (BC-PME) is condemned to stay out of the banking and microfinance sector for 10...
Quality agency Anor calls attention to the ban on potassium bromate in bread production
Charles Booto à Ngon, head of the Standards and Quality Agency (Anor), issued a memo on September 19 reminding bakers of the ban on using potassium...
CFA46mln needed to ensure safe Mora-Kousseri road rehab amid Boko Haram threat
Securing the construction site amid Boko Haram threats stands as the primary challenge in the Mora-Kousseri road rehabilitation project, the Ministry of...
Cameroonian govt cracks down on sales of refined oil in bulk
The Cameroonian government is taking action against sales of "bulk" refined oil, a cheap oil widely sold on the local market. Many believe this type of...
Cameroon: KPMG France to help govt renationalize power utility Eneo
The Cameroonian government has chosen auditing firm KPMG France to assist in the process of renationalizing the national electricity company Eneo. This...
Cameroon: govt raises log export tax by 345% in 6 years to promote local processing
The tax imposed by the Cameroonian government on log exports increased from 17.5% in 2017 to 60% in 2023. This means that over 6 years, the rate has been...
Douala: Road rehabilitation work well advanced, mayor reassures
The mayor of Douala claims that at least 70% of the rehabilitation work on the roads identified as deteriorated in the city has already been completed. In...
Cameroon: Extractive companies' payments reach CFA776bn in 2021, up by 17%
Payments made by companies active in the extractive sector in Cameroon reached CFA776 billion in 2021, according to figures reported by the Extractive...
Cameroon: Cocoa prices surge to CFA1,700 per kg in third consecutive hike
A third consecutive increase in just two weeks brought cocoa farm gate prices in Cameroon to CFA1,700 for the upper cap and CFA1,600 for the lower...
Cameroon: Attack on public agribusiness site Pamol leaves four dead
Public agribusiness unit Pamol Plantations Plc, which operates palm plantations in the Southwest region of Cameroon, confirmed an attack on its facilities...
Waste tax generate CFA60.6bn in 2020-22, short of needs
Waste tax generated a total of CFA60.6 billion in Cameroon over the 3-year period from 2020 to 2022, according to data from the General Directorate of...
Cameroon to finally launch the long-awaited 30MW solar project in the Northern regions
Cameroon is finally launching its long-awaited solar power plant project in the northern regions. Announced in 2021, the initiative will be effective this...
SEMC’s profit down 42% in 2022, marking 8th consecutive year without dividends
Cameroon’s mineral water company Semc saw its net profit down over 42% during the 2022 fiscal year. The figure was CFA504.9 million over the period under...
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