Yaoundé - 02 October 2023 -

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...
Monday 2 October 2023Public management

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...
Monday 2 October 2023Finance

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...
Monday 2 October 2023Public management

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...
Monday 2 October 2023Energy

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...
Friday 29 September 2023Transport

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...
Friday 29 September 2023Finance

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...
Thursday 28 September 2023Environment

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...
Thursday 28 September 2023Public management

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...
Tuesday 26 September 2023Public management

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...
Tuesday 26 September 2023Public management

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...
Tuesday 26 September 2023Public management

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...
Tuesday 26 September 2023Energy

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...
Monday 25 September 2023Energy

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...
Friday 22 September 2023Finance

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...
Friday 22 September 2023Industry

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...
Friday 22 September 2023Construction

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...
Thursday 21 September 2023Industry

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...
Wednesday 20 September 2023Public management

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...
Wednesday 20 September 2023Public management

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...
Wednesday 20 September 2023Construction

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...
Wednesday 20 September 2023Mining

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...
Wednesday 20 September 2023Agriculture

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...
Wednesday 20 September 2023Agriculture

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...
Wednesday 20 September 2023Environment

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...
Monday 18 September 2023Energy

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...
Monday 18 September 2023Finance

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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