
Cameroonian fintech Diool raises XAF1.8 bln to develop digital payment services
The Cameroonian start-up Diool, which specializes in mobile payment methods aggregation, recently raised $3.5 million (XAF1.8 billion) to develop...Belgium seeks facilities for the importation of solar power plants to Cameroon
On February 16, during an audience at the Cameroonian Ministry of Finance, Stéphane Dopagne, ambassador of the kingdom of Belgium, asked for facilities...Chad-Cameroon pipeline: Cameroon reportedly offered XAF150 bln for Chadian stake
On February 24, 2021, online daily Africa Intelligence revealed that The National Hydrocarbons Corporation (SNH) of Cameroon offered XAF150...Cameroon announces XAF60 bln for the construction of the 2nd Dibamba river bridge
The Cameroonian Ministry of Public Works is currently preparing a project for the construction of a second bridge over the Dibamba river, according to...Orange Cameroon posts XAF216.38 bln turnover in 2020, up 5.16% YoY
Orange Cameroon generated a turnover of €329 million (XAF216.38 billion) in 2020, according to the financial results recently published by the...Yaounde-Douala highway: Service providers estimate government’s unpaid bill at XAF33 bln
Currently, operators in charge of the construction of the 60-km Yaoundé-Douala highway are owed XAF33.39 billion. This is an estimate the said operators...Cameroon and Algeria sign bilateral air transport agreement
On February 24, 2021, in Yaoundé, Cameroon’s Minister of Transport Jean Ernest Ngallé Bibéhé and Algeria’s ambassador to Cameroon signed a...Cameroon: Cocoa farm gate prices improve slightly to XAF1,000-1,050 per kilogram
Today February 24, 2021, the price of a kilogram of cocoa beans is ranging between XAF1,000 and 1,050 in production areas in Cameroon, according to SIF,...Cameroon: the Mbakaou mini hydropower plant will be delivered in June 2021, IED Invest says
In an official document published on February 22, 2021, independent energy electricity producer IED Invest Cameroon informs that in June...Cameroon moves for eligibility to the World Bank’s Prevention and Resilience Allocation mechanism
On February 23, 2021, in Yaoundé, the Minister of Economy Alamine Ousmane Mey launched the consultations initiated to develop the inclusive strategy...CEMAC: Cameroon to raise XAF225 bln on the public securities market in H1-2021
The Cameroonian public treasury plans to raise XAF225 billion on the BEAC public securities market via the issuance of long-term securities in H1-2021....Air Senegal to launch Dakar-Douala route on March 29, 2021
In March 2021, Senegal’s state-owned airline Air Senegal will launch three new African routes. According to Ernest Dikoum (the airline's...Cameroonian food sovereignty activist Bernard Njonga passes on
On the night of February 21-22, 2021, Bernard Njonga, the agricultural engineer who became famous for his fight for food security in Cameroon, died...Cameroon: Industrial producer price index recorded a 0.7% rise in Q3-2020
The National Institute of Statistics (INS) recently published its note on the Q3-2020 Industrial Producer Price Index (IPPI) which describes the...Camair Co offers a 10% discount on the northern routes, its largest domestic market
State-owned airlines, Cameroon Airlines Corporation (Camair Co) announces a 10% discount on its fares for the three northern destinations...Cameroon: Government distributes 164 heifers, imported from France, to boost milk production
On February 17th, 2021, Minister of Livestock Dr. Taïga signed a decree authorizing the distribution of pregnant heifers (imported from...The CEMAC commission makes a plea for the development of the common services market
On February 16th, 2021, Daniel Ona Ondo (photo), President of the CEMAC Commission made a plea for the reinforcement of the single subregional...Cameroon: Turkey renews talks for its national airlines’ project to make Maroua a sub-regional hub
Eight years after the project was first discussed, Turkey recently relaunched discussions with Cameroon for Turkish Airlines project to make Maroua (the...Cemac : Commercial banks captured over XAF1,000 bln liquidity this year, BEAC reveals
In the CEMAC region, commercial banks are increasingly appealing to the liquidity injection operations restarted by the central bank - BEAC because of the...Port of Kribi organizes hackathon to become a smart port
In March 2021, the Port Authority of Kribi will organize a hackathon to select the best operational IT solutions to the themes identified by the PAK as...Cameroon: Sport hunting revenues dropped by over XAF620 mln YoY due to the coronavirus pandemic
On February 16th, Minister of Forestry and Wildlife, Jules Doret Ndongo, launched the 2021 National Hunting Season (the period during which tourists are...Cameroon: Atlantic Group to build a 1-mln cement plant in Kribi
In the next few months, Atlantic Cement (owned by Ivorian business mogul, Kone Dossongui’s Atlantic Group) will launch the construction of its cement...
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