Community integration tax: CEMAC estimates arrears at over XAF80 bln
The volume of unpaid community integration tax owed by members of the CEMAC community was estimated at XAF80 billion at end-2020. This was revealed on...
Cameroon: 155 advertising companies approved to operate this year
Minister of Communication René Emmanuel Sadi recently published a list of 155 companies authorized to carry out advertising consulting and...Cameroon: Water utility Camwater seeks suppliers for 11,500 conventional water meters
Gervais Bolenga (general manager of Cameroon water utilities corporation-Camwater) announces that he recently issued a national call for tenders...CEMAC: Cameroon proceeds to provisional acceptance of 150-km of roads linking the country to Congo
The Cameroonian Ministry of Public Works (Mintp) informs that today January 26, 2021, it will proceed to the provisional acceptance of 150 kilometers of...Cameroon: About 2,000 companies were created over 2015-2020 thanks to Youth AEP
At end 2020, the Youth Agro-pastoral Entrepreneurship Promotion Program (Youth AEP – PEA Jeunes in French), funded by the International Fund for...PROMOTE2021 postponed to Feb 2022 because of Covid-19
The International Foundation Inter-Progress, mandated by the Cameroonian government for the organization of the International Exhibition for...Cameroon: Maroua and Guider solar plants receive tax and customs exemptions
The Maroua (15 MW) and Guider (10 MW) solar plants construction project will benefit from the tax and customs exemptions provided by the 2013 private...Cocoa: Cameroon committed to ensuring full traceability by 2025
Cameroon is committed to ensuring the full traceability, from plantations to export terminals, of cocoa produced in the country by 2025. This was revealed...MAETUR’s projects are delayed by land disputes in high demand areas, CTR indicates
The numerous land disputes involving the Urban and Rural Land Development and Maintenance Mission (MAETUR) are dealing a serious blow to the state-owned...CDC recorded XAF17.9 bln of net losses in 2019, CTR reveals
State-owned agribusiness Cameroon Development Corporation (CDC) recorded a XAF17.9 billion net loss in 2019, according to a report published by the...Tradex orders 38,100 smart gas cylinders to renew existing ones
Turkey-based company Evas Ev Aletleri San A.S. has recently been declared the successful bidder for a contract to supply commercial...Gabon starts CEMAC roadshow with Cameroon, to ensure the success of its 2021 fundraising operations
To ensure success for its public securities issuance program this year, Gabon (which intends to raise XAF885 billion on the CEMAC money market this year)...Cameroon: Camrail denounces incivility that causes accidents on the railway track
The incivility of some residents along railway tracks delays traffic flows and causes accidents, according to Camrail, concessionaire of railway transport...Guider and Maroua solar power plants will cost XAF14 bln, ENEO reveals
The Guider (10MW) and Maroua (15MW) solar power plants will cost XAF14 billion, according to electric utility ENEO, which disclosed the figure in its...Determined to disrupt supplies to Bangui, CPC rebels kill two Cameroonian transporters
"The Garoua-Boulaï-Bangui section has been declared a red zone by the CPC (ed. note: Coalition des Patriotes pour le Changement, the rebel group...Cameroon disburses XAF10 bln to prevent social unrests at Camwater
The state of Cameroon has released XAF10 billion to settle the social situation within Cameroon Water Utilities (Camwater), authorized sources...Cameroon seeks equipment suppliers for 3 milk processing units in the North-West
The Cameroonian Ministry of Livestock, Fisheries and Animal Industries (Minepia) recently launched an open international tender for the design,...CICAM shuts Garoua plant over XAF1.3 bln debt
Financially fragilized, for years now, by the fierce competition from fabrics imported from China and West Africa, Cotonnière Industrielle du...Cameroon to recover salaries unduly collected by suspended public servants
The circular providing instructions for the execution of the 2021 finance law reveals that the Cameroonian government will step up the actions initiated...Cameroon to raise XAF160 bln on the money market in Q1-2021
On January 13, the Cameroonian public treasury issued short term securities in a bid to raise XAF20 billion on the BEAC debt market. The said operation is...Camtel: Judith Yah Sunday ordered to cancel the last “irregular” appointments
"I have the honor to ask you to postpone the execution of the memorandum No. 005/DG/DRH/SGCR of January 8, 2021, appointing temporary staff at the Company...ENEO posts XAF155 bln of debt to Independent power producers and fuel suppliers at end-2019
In its recently published 2019 annual report, Eneo indicates that during the 2019 financial year, it experienced an "unprecedented deterioration of its...Rougier group posts €46 mln turnover for 2019, 69% down from 2016 performance
In late 2020, forestry group Rougier, whose Cameroonian subsidiary Société forestière et Industrielle de la Doumé (SFID) went bankrupt three years ago,...Pay-TV Packages: Cornered by Startimes, Canalsat lowers its prices in Cameroon
Early this year, pay-TV operator Canalsat lowered the prices of some of its packages in Cameroon. These include the "Access" and "Evasion" packages, which...Cameroon sensitizes economic operators on the opportunities presented by the AfCFTA
Today January 14, 2021, Cameroonian economic operators are scheduled to meet, in Douala, for a conference on the operationalization of the African...Port of Kribi seeks a “free zone” status to facilitate investments
In his January 7 newsletter, Patrice Melom (photo), Managing director of the Autonomous Port of Kribi (PAK), reveals that the PAK is working (in...Cameroon to inject XAF375.49 bln into “major projects” this year
Cameroon plans to invest XAF375.49 billion for the implementation of “major projects” (known as first-generation projects) announced in the Strategic...E-Tax: Cameroon extends Q1-2021 tax declaration and payment deadlines in 4 major cities
On January 11, Finance Minister Louis Paul Motaze signed a release extending the deadlines for tax declarations and payments in the country's major...Cameroon cancels excise duties on Made-In-Cameroon cosmetics to reduce imports
On December 30, 2020, Finance Minister Louis Paul Motaze signed a circular detailing measures for the implementation of the 2021 finance law. The said...
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