Cameroon: The reconstruction of Sonara will cost about XAF250 billion, the Minee says
On May 31, to mark the first anniversary of the fire that destroyed most of Cameroon’s National Refining Company Sonara (Société nationale de...
Cameroon: Loggers request 50% reduction of customs duties on processed woods
On May 28, 2020, during an audience with the Minister of Forestry and Wildlife Jules Doret Ndongo, the president of the local wood exporters’ association...
Nexttel vs Syntic: Public authorities open a difficult mediation process
Since May 29, the regional delegation of the Ministry of Labour in the Littoral region has been trying to initiate mediation between Nexttel/Viettel...
Cameroon plans to create a mining promotion corporation to reduce artisanal mining
Cameroon currently seeks a consultant that will elaborate on the geological and mineral information system (GMIS) for the Ministry of Mines. This...
The wood sector requests support to tackle the twin shocks of falling demand and Covid-19
In Cameroon, the wood sector has not been spared by the coronavirus. According to Giorgio Giorgetti, the president of the Cameroonian loggers’ association...
Inflation: The INS doubts Cameroon will meet the community benchmark due to the Covid-19
In its recent note on the change in the consumer prices in Cameroon, the National Institute of Statistics (INS) listed the factors that should influence...
Anti-covid-19 drugs and tests production process is being finalized, Madeleine Tchuenté says
"The process of production of endogenous drugs, test kits, vaccines and other health equipment dedicated to the fight against Covid-19 is being...
Cameroon: World Bank grants XAF44 bln loan to empower women
On May 28, 2020, World Bank Executive Directors approved a $376 million (over XAF221 billion) loan as the fourth additional financing for the...
Cameroon seeks XAF294 bln from partners to alleviate the Covid-19 shocks
Cameroon has initiated negotiations with bilateral and multilateral partners to raise financial support estimated at XAF294 billion for the fight against...
Cameroon: CPI rose by 0.3% YoY to 2.6% in Q1-2020 (INS)
In Cameroon, the consumer price index rose to 2.6% in the first quarter of 2020, according to a recent note published by the National Institute of...
Cameroon: Cocoa purchase prices drop to XAF1150 (max)
Since 27 May 2020, the upper bound of the average price per kilogram of cocoa beans in Cameroon has fallen to XAF1150. Compared to the average of XAF1200...
Nexttel asks staff to concentrate on performance
On May 27, the CEO of Nexttel reacted to the strike notice published on May 22 by the union Syntic. "Dear employees of Viettel Cameroun SA (Nexttel), I...
Douala Airport to increase yearly traffic capacity to 2.5 mln passengers
Douala International airport plans to increase its yearly traffic capacity from 1.5 million passengers to 2.5 million. In the framework of the project, it...
Cameroon returns on the money market to raise XAF35 bln
Today May 27, the Cameroonian Public Treasury is scheduled to issue a 5-year T-bond on the public securities market of the Bank of Central African States...
Dangote Cameroon reports sales of 312kt of cement in Q1-2020, up 4.3% YoY
Nigerian giant Dangote Cement reports that its Cameroonian subsidiary controlled 38% of the local cement market in the first quarter of 2020. According...
Flour production company Sitrabacam Sarl to boost production capacity with XAF4 bln invesment
Cameroonian flour production company Sitrabacam Sarl will soon create 110 additional jobs, the company’s promoters announce. During the ceremony where it...
Cameroon: Insurance companies paid XAF93.8 bln of claims and benefits in 2018 (ASAC)
In Cameroon, insurance companies released a total of XAF93.8 billion for the payment of claims and other benefits in 2018, according to the Association of...
Nexttel staff announce indefinite strike from June 7, 2020
The union of ICT workers Syntic recently issued a strike notice which should be effective from May 22 to June 7, 2020 at Nexttel, the Cameroonian...
Salt production company Sasel to double production capacity with XAF5 bln investment
Salt production company Société africaine de sel (Sasel) plans to double its production capacity by expanding its Douala-Bonabéri plant, official sources...
British group BWA Resources secures 2 exploration permits in Cameroon
British group BWA Resources “secured its direct exposure” to Cameroon with the obtention of a first license covering an area of 497 km2 in Nkoteng,...
Medicis Sarl to invest about XAF6 bln in the construction of a haemodialysis centre in Cameroon
Medicis Sarl plans to invest XAF5.7 billion for the construction of a haemodialysis centre in Cameroon. To encourage and facilitate the realization of...
Véronique Epangué appointed as DHL Global’s country Manager for Cameroon
Following the recent reorganization of DHL Global Forwarding's logistics operations in Central Africa, Véronique Ebenye Epangué has been appointed Country...
Wafacash Central Africa increases capital to XAF2.6 bln
Douala-based money transfer company Wafacash Central Africa informs that it has increased its capital by XAF600 million. To do so, the subsidiary of...
SCS Alid Sarl plans expansion of Douala-based palm oil refinery with XAF15 bln investment
Soap producing company SCS Alid Sarl plans to invest XAF15 billion to expand its palm oil refinery plant in Douala. To this end, this industrial unit...
CICAM: a doubtful challenge of producing 15 mln face masks monthly
On May 7, 2020, public textile company Cicam started selling face masks in the local market. According to our sources, it produces this anti-COVID-19...
France provides XAF6.5 bln budget support to help Cameroon fight the COVID-19
On May 18, 2020, the Cameroonian government, through the Ministry of Economy, signed a XAF6.5 billion grant agreement with the French Development Agency...
Cameroon: XAF3.5 bln donated to the Solidarity Fund to date (Minister of Health)
On May 14, 2020, the Minister of Public Health, Malachie Manaouda, revealed that the Solidarity Fund for the fight against Coronavirus in Cameroon has...
Italian Sif-Inter plans to invest XAF2.5 bln to build a wood processing unit in Cameroon
On May 13, 2020, in Yaoundé, Italian company Sif-Inter signed an agreement with the Investment Promotion Agency (API). This agreement gives the company...
Cameroon creates a new secured sticker to limit fraud in the vehicles’ technical inspection field
In Cameroon, the Minister of Transport, Jean Ernest Ngallé Bibehe recently announced the entry into force of a new sticker proving the technical...
Cameroon: Government allocates XAF36 bln for the implementation of communal projects in 2020
On May 14, 2020, Cameroon's Prime Minister Joseph Dion Ngute, issued a decree establishing the decentralized resource allocation for the current...
France and the EU condemn the Bamenda and Galim attacks
Accused of conspiracy against Cameroon, Human rights group Redhac announces a judicial complaint against Paul Atanga Nji
Government’s HIMO operation slows youth recruitment into Boko Haram sect in the Northwest
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Business in Cameroon n87: May 2020
Roads, dams, fiber optics, markets... Cameroon’s big projects toward integration
«Central Africa is facing enormous challenges» - AfDB
Investir au Cameroun n97 Mai 2020
Routes, barrages, fibre optique, marchés… Les grands chantiers camerounais de l’intégration
« L’Afrique centrale est confrontée à d’énormes défis » (BAD)
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