Cameroon confirms its status of CEMAC’s financial center
The latest bond, whose issuance period ran from September 20 to October 2, 2019, by Gabon recorded a 126% subscription rate. With the authorization of...
No, Ernest Obama is not running for the coming municipal elections
Yes, Ex Cameroonian defense minister Remy Ze Meka’s car was involved in a road accident
No, Japoma stadium has not been ranked as the world’s tenth most beautiful stadium
Cameroon: Q3 2019 wood exports to the EU drops by 20% YoY to 11,300 tons
Between July and September 2019, Cameroonian loggers exported only 11,300 tonnes of logs to the European Union market. According to the International...
Belgian and Czech delegations announce their interest in Cameroon’s energy sector
On November 14, 2019, two Belgian and Czech delegations were received at Cameroon’s Ministry of Water and Energy. At the end of the two audiences granted...
Cameroon: Business death rate was 36% in 2009-2016, the INS reveals
The Cameroonian national institute for statistics INS recently published a report on the second business census covering the 2009-2016 period. This report...
Cameroon: Glass factory Socaver boosts production capacity with XAF5.3 bln investment
Today, November 15, 2019, Cameroonian minister of industry Dodo Ndocké is inaugurating the new facilities of local glass-making company SOCAVER in Douala,...
Cameroonian footballer Jean II Makoun partners with Upowa to promote solar energies
On 13 November 2019, Cameroonian footballer Jean II Makoun signed a partnership agreement with the Franco-Cameroonian company Upowa to promote renewable...
Trade and Investments: The US largely outrun by China in Cameroon, in 2018
The task is likely to be complicated for the United States, which wants to become Africa's leading economic and trade partner, a rank currently taken by...
Cameroon: Government submits penal code amendment, punishing tribalism, before parliament
During the November 2019 budget session, the Cameroonian parliament will review a draft amendment to the Penal Code. The purpose of this amendment is to...
Morrocan Wafa Assurance extends its footprint in Cameroon with acquisition of Pro Assur
On November 12, 2019, Moroccan insurance firm Wafa Assurance officially announced the finalization of the acquisition of the Life and non-life divisions...
Paris Peace Forum: Paul Biya explains the background of the Anglophone crisis
Invited by his French peer, Emmanuel Macron, to participate in the Paris Peace Forum 2019 (November 11 to 13), Cameroonian President Paul Biya actively...
Security challenges and the May 2019 fire at Sonara slowed Cameroon's 2019 economic growth (+3.9%)
On November 8, 2019, at the end of the 5th review of its three-year economic and financial programme (2017-2019) with Cameroon, the International Monetary...
Cameroon: Legislative and municipal elections scheduled for February 9, 2020
In a decree published on 10 November 2019, Paul Biya, president of Cameroon, summoned the Cameroonian electorate for a double vote, on 9 February 2019,...
Cameroon to raise XAF20 bln on BEAC’s debt market on Nov 13, 2019
On 13 November 2019, the Cameroonian public Treasury will issue 26-weeks fungible Treasury bills on Beac's security market. According to an official...
Investment fund Africa50 interested in the Cameroonian gas and airport sectors
On the sidelines of the 2nd Africa Investment Forum organized by the African Development Bank (AfDB), from 11 to 13 November in Johannesburg, South...
Oil & gas: Cameroon lost XAF314 billion of revenues in 2017
In 2017, the Cameroonian public treasury lost at least XAF314.6 billion of revenues in the hydrocarbon sector, according to a report published by the...
CEMAC: BEAC commits to easing new exchange regulation for oil companies
“In an effort to establish a constructive dialogue and resolve differences of interpretation, Mr Abbas Mahamat Tolli (photo) invited extractive industry...
Crédit du Sahel-backed UNHCR programme plans to empower 2,500 refugees in Cameroon
In Cameroon, the UNHCR has launched a refugee empowerment programme aimed at funding income-generating activities initiated by refugees living in...
Cameroon: The telecom regulator plans to audit operators’ turnover
Philemon Zo'o Zame (photo), managing director of Cameroon’s telecommunications regulator, just issued a call for expression of interest to recruit a firm...
Afreximbank to open its branch in Cameroon to cover the Central African region
The information has not received much publicity but, it means a lot for Cameroon. Indeed, on October 29, 2019, Félix Mbayu, Minister Delegate at the...
Cameroonian Joseph Belibi appointed acting speaker of OIF’s court of first instance
The Cameroonian high judge Joseph Belibi was appointed Acting Speaker of the Court of First Instance of the International Organisation of the Francophonie...
Cameroon: GICAM reorganizes its arbitration centre to adapt it to the international environment
Today, November 7, 2019, Célestin Tawamba (photo), president of Groupement inter-patronal du Cameroun (Gicam), Cameroon’ss largest employers'...
Cameroon: Banana exports up by 661 tons YoY in October 2019
Banana exporters operating in Cameroon were more dynamic in October 2019, compared to their performance in October 2018. According to data compiled by the...
Cameroon: 6th edition of livestock fair to be held on Nov 8-10 in Ngaoundéré
The 6th edition of Cameroon’s Livestock Fair will be held from 8 to 10 November 2019 in Ngaoundéré, the capital city of the Adamaoua region, under the...
Douala-Bonabéri: Towards the dematerialization of ship calling procedures
Starting from 1 January 2020, all procedures related to ship calls at the port of Douala-Bonabéri will be carried out online via the website...
Cameroon provides XAF600 mln in the Western region to boost livestock productivity
In Cameroon, XAF622 million has been recently provided to poultry farmers, beekeepers, aquaculturists and other cattle and goat farmers in the Western...
Cameroon: 4.2% GDP growth recorded in Q2, 2019
In Q2, 2019, Cameroon’s economic growth was 4.2% of GDP, according to the national institute for statistics’ latest analysis of the country’s accounts....
U.S. Commitment to Cameroon remains strong despite the change in AGOA Status (press release)
The U.S. Embassy in Cameroon published a release following President Donald Trump's expressed desire to end Cameroon's trade benefits under the African...
Cameroon: 76% of export revenues generated by 6 products in 2018
Most of Cameroon’s exports are still constituted of a reduced number of products. Indeed, according to figures published by the national institute for...
Cameroon borrows XAF12.6 bln from Deutsche Bank Spain to develop the Yaoundé municipal lake
On November 4, 2019, Cameroonian President Paul Biya issued two decrees habilitating the Minister of Economy to sign two credit agreements for a total...
Afrique Media suspended in Cameroon for broadcasting harsh criticisms against Alassane Ouattara
Cameroonian authorities just suspended TV channel Afrique Media and asked the national association of cable operators to remove the channel, “without...
Next CAF African Nations Championship to be held in Cameroon on April 4-25, 2020
After some hesitation about the date, following Cameroon's request to host the competition in June, the Confederation of African Football (CAF) has...
Camtel turns to Russian Infinet Wireless for the modernization of its infrastructures
Camtel, Cameroon's incumbent telecommunications operator, has chosen the technologies of the Russian company Infinet Wireless, which provides...
SONARA: Chairman and board members’ allowances to be adjusted
Shareholders of Société Nationale de raffinage S.A. (Sonara), Cameroon's only refinery ravaged by a fire outbreak on May 31, 2019, are invited to a...
Vietnam moves to strengthen its presence in Cameroon
Last week, Voung Dinh Hue, Vietnam's Deputy Prime Minister, led a large delegation of Vietnamese economic operators to Cameroon. On 1 November 2019, the...
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Business in Cameroon n81: November 2019
The growing weight of Moroccan banks in Cameroon
Made in Cameroon products gradually take over supermarkets
Investir au Cameroun n91: Novembre 2019
Le poids croissant des banques marocaines au Cameroun
Le Made in Cameroon progresse dans les supermarchés
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