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Yaoundé - 19 March 2024 -
cameroon-sees-3-2-hike-in-consumer-interest-rates-between-q1-and-q2-2023

Cameroon sees 3.2% hike in consumer interest rates between Q1 and Q2 2023

Interest rates for individuals have seen an increase of 3.2% between the first and second quarters of 2023 in Cameroon, data from the central bank Beac...
cameroon-extends-tax-payment-deadlines-amid-nationwide-internet-outages
Monday 18 March 2024Public management

Cameroon extends tax payment deadlines amid nationwide internet outages

The Cameroonian Ministry of Finance announced the extension of the tax filing and payment deadlines by a week, pushing the due date from March 15 to March...
cameroon-businesses-see-surge-in-bank-lending-in-q2-2023-despite-beac-s-tight-policies
Saturday 16 March 2024Finance

Cameroon: Businesses see surge in bank lending in Q2 2023, despite Beac’s tight policies

Banks and financial institutions operating in Cameroon provided businesses in the country with loans totaling CFA1,311.6 billion between April and June...
air-liquide-sells-assets-in-12-african-countries-including-cameroon
Friday 15 March 2024Industry

Air Liquide sells assets in 12 African countries, including Cameroon

French industrial gas giant Air Liquide announced yesterday it has sold its operations in twelve Sub-Saharan African countries to the investment firm...
undersea-cable-issues-disrupt-internet-in-cameroon-and-beyond
Friday 15 March 2024Public management

Undersea cable issues disrupt internet in Cameroon and beyond

Internet access in Cameroon has been disrupted since the morning of March 14, 2024, following incidents involving two undersea cables. The Mobile...
the-we4a-initiative-empowering-african-women-entrepreneurs-through-tony-elumelu-foundation-and-giz-eu-partnership
Thursday 14 March 2024Finance

The WE4A Initiative: Empowering African Women Entrepreneurs through Tony Elumelu Foundation and GIZ-EU Partnership

The Tony Elumelu Foundation, in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), supported by the European Union (EU), has...
cemac-investment-financing-drops-to-19-6-of-total-lending-in-q2-2023
Wednesday 13 March 2024Finance

CEMAC: Investment financing drops to 19.6% of total lending in Q2 2023

Banks operating in the CEMAC region primarily issued short-term loans, with durations under 24 months, over the second quarter of 2023 as reported by the...
central-african-interest-rates-climb-in-q2-2023-cameroon-leads-the-surge
Wednesday 13 March 2024Finance

Central African interest rates climb in Q2 2023, Cameroon leads the surge

The average interest rates applied by banks in the Economic and Monetary Community of Central Africa (CEMAC) increased by 106 basis points (1.06%) between...
bvmac-initiates-share-split-to-enhance-financial-inclusion-in-central-africa
Wednesday 13 March 2024Finance

BVMAC initiates share split to enhance financial inclusion in Central Africa

The Central African Securities Exchange (BVMAC) plans to split shares to make financial market participation more accessible to low-income populations....
morocco-tops-the-list-as-cameroon-s-leading-african-supplier-in-2022
Tuesday 12 March 2024Public management

Morocco tops the list as Cameroon’s leading African supplier in 2022

In 2022, Morocco became the leading African supplier to Cameroon. According to the latest external trade report released on February 16 by the National...
fifteen-firms-capture-40-of-cameroon-s-market-revenue-in-2022
Monday 11 March 2024Public management

Fifteen firms capture 40% of Cameroon’s market revenue in 2022

In 2022, fifteen companies in Cameroon accounted for 39.5% of the total revenue in the productive sector, amounting to 5,098.1 billion CFA francs. The...
cameroon-corporate-profits-up-16-1-in-2022-amid-sectoral-challenges
Friday 8 March 2024Public management

Cameroon: Corporate profits up 16.1% in 2022 amid sectoral challenges

The cumulative net income of companies operating in Cameroon saw a 16.1% increase in 2022, according to the "Economic and Financial Study of Companies in...
cameroon-cocoa-hits-record-prices-amid-global-demand-surge
Thursday 7 March 2024Agriculture

Cameroon cocoa hits record prices amid global demand surge

During a collective cocoa sale on March 5, 2024, in Abong-Mbang, a key cocoa-producing area in Eastern Cameroon, producer prices per kilogram soared to a...
cameroon-awards-cfa4-9-billion-road-maintenance-deal-to-cetp-sarl
Wednesday 6 March 2024Construction

Cameroon awards CFA4.9 billion road maintenance deal to CETP Sarl

The Ministry of Public Works in Cameroon has announced the awarding of the Bafang-Nkondjock road maintenance contract to the construction company CETP...
cameroon-injects-cfa2-2bn-into-counter-unemployment-projects
Wednesday 6 March 2024Public management

Cameroon injects CFA2.2bn into counter-unemployment projects

The Cameroonian government has announced the disbursement of CFA2.2 billion to implement High Labor Intensive (HIMO) projects across the country. The...
central-african-appointed-as-the-new-governor-of-beac-amid-regional-challenges
Monday 4 March 2024Public management

Central African appointed as the new governor of Beac amid regional challenges

Central African Yvon Sana Bangui has been appointed as the governor of the Bank of Central African States (BEAC), following a video conference held by the...
cemac-sees-commodity-price-rise-in-q4-2023-but-faces-bleak-outlook-for-2024
Monday 4 March 2024Public management

CEMAC sees commodity price rise in Q4 2023 but faces bleak outlook for 2024

Export commodity prices for the six CEMAC countries experienced a 1.3% increase in the fourth quarter of 2023, according to the Composite Commodity Price...
bdeac-launches-first-multi-tranche-bond-issue-to-raise-cfa50bn
Monday 4 March 2024Finance

BDEAC launches first multi-tranche bond issue to raise CFA50bn

The Central African States Development Bank (BDEAC) is poised to open subscriptions for its inaugural 2024 bond issuance on March 4 at the Central African...
cameroon-suspended-from-the-extractive-industries-transparency-initiative
Saturday 2 March 2024Energy

Cameroon suspended from the Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) announced on March 1, 2024, that Cameroon has been suspended from its program "until its next...
bafoussam-launches-digital-campaign-to-attract-diaspora-investment-for-city-development
Saturday 2 March 2024Public management

Bafoussam launches digital campaign to attract diaspora investment for city development

The city of Bafoussam, Western Cameroon, launched on February 27 a digital campaign - Invest in Bafoussam- to attract diaspora investment. This initiative...
inflation-rates-soar-in-cameroon-s-major-cities-exceeding-the-cemac-threshold-ins
Friday 1 March 2024Trade

Inflation rates soar in Cameroon’s major cities, exceeding the Cemac threshold (INS)

Consumer price levels in nine out of the ten major cities in Cameroon exceeded the Cemac threshold of 3% in January 2024, according to reports by the...
moody-s-maintains-tough-stance-on-cameroon-despite-debt-stability-predictions
Friday 1 March 2024Public management

Moody's maintains tough stance on Cameroon despite debt stability predictions

U.S. rating agency Moody's has maintained a strict (Caa) rating for Cameroon, even though the country's debt is projected to remain stable until 2027. The...
cameroon-new-transport-fare-hike-to-fuel-inflation-in-2024
Wednesday 28 February 2024Public management

Cameroon: New transport fare hike to fuel inflation in 2024

In response to government measures aimed at mitigating the impact of rising super and diesel fuel prices since February 3, 2024, Cameroon's Minister of...
rtc-exceeds-dit-s-15-year-investment-at-port-of-douala-in-just-four-years
Wednesday 28 February 2024Public management

RTC exceeds DIT's 15-year investment at Port of Douala in just four years

The Container Terminal Authority (RTC) of the port of Douala reported it has invested over CFA44 billion (about $76 million) between 2020 and 2023...
cameroon-s-inflation-rate-eases-to-5-2-in-january-2024-but-continues-to-challenge-household-budgets
Wednesday 28 February 2024Public management

Cameroon's inflation rate eases to 5.2% in January 2024 but continues to challenge household budgets

In January 2024, Cameroon experienced a decrease in its Consumer Price Index (CPI), according to data released on February 19 by the National Institute of...
grohe-backs-don-bosco-institute-in-ebolowa-with-give-programme
Wednesday 28 February 2024Education

GROHE Backs Don Bosco Institute in Ebolowa with GIVE Programme

Last Friday, February 23rd, the Don Bosco Technical Institute in Ebolowa had a flurry of high-profile guests shuttle into its campus. Amongst them were...
ocp-africa-renews-commitment-to-cameroon-s-agricultural-sector
Tuesday 27 February 2024Agriculture

OCP Africa renews commitment to Cameroon’s agricultural sector

OCP Africa, the agro-oriented subsidiary of the Moroccan OCP Group, announced the renewal of its partnership with Cameroon's Ministry of Agriculture and...


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