Yaoundé - 07 February 2023 -

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...
Tuesday 7 February 2023Mining

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...
Thursday 2 February 2023Economy

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...
Thursday 2 February 2023Economy

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...
Thursday 2 February 2023Economy

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...
Wednesday 1 February 2023Economy

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...
Wednesday 1 February 2023Economy

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)...
Tuesday 31 January 2023Economy

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...
Tuesday 31 January 2023Finance

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...
Tuesday 31 January 2023Public management

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...
Tuesday 31 January 2023Energy

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...
Tuesday 31 January 2023Public management

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...
Monday 30 January 2023Public management

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...
Friday 27 January 2023Energy

Cameroon: The special tax on petroleum products will soon be extended to natural gas, despite GDC’s request

The Cameroonian government is continuing its process to extend the special tax on petroleum products to natural gas, despite a request from Gaz du...
Friday 27 January 2023Economy

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...
Friday 27 January 2023Public management

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...
Thursday 26 January 2023Energy

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...
Thursday 26 January 2023Economy

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,...
Thursday 26 January 2023Construction

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...
Thursday 26 January 2023Energy

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...
Thursday 26 January 2023Banking and Finance

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...
Thursday 26 January 2023Economy

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...
Tuesday 24 January 2023Economy

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...
Tuesday 24 January 2023Public management

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)....
Monday 23 January 2023Finance

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...
Monday 23 January 2023Public management

Cameroon: Factory gate prices up 13.6% YoY in Q3 2022, driven by the extractive and metallurgy sector

Factory gate prices in Cameroon grew  13.6% year-on-year over the third quarter last year, the national stats agency (INS) revealed in its recent...
Friday 20 January 2023Energy

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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