Yaoundé - 29 November 2023 -

Cameroon’s new bond: Investors hold steady despite slow start in trading

During its second trading day on November 24, 2023, 24 hours after being listed on the Central African Securities Exchange (Bvmac), the Cameroon...
Tuesday 28 November 2023Public management

Cameroon: CNCC and APME equip 150 agri-food SMEs in Douala

The National Council of Shippers of Cameroon (CNCC) and the Agency for the Promotion of Small and Medium-sized Enterprises (APME) provided equipment to...
Tuesday 28 November 2023Public management

Cameroon grapples with persistent inflation at 7.7%, double the regional tolerance limit

Cameroon’s national stats agency INS issued a report indicating that the country’s average annual inflation rate in October 2023 reached 7.7%. Although...
Monday 27 November 2023Public management

Customs resume goods auctions at the port of Kribi after a two-year break

An auction of goods will be held at the port of Kribi on December 8, according to a November 21 press release signed by Norbert Belinga, head of customs...
Monday 27 November 2023Agriculture

Cameroon's stakeholders finalize creation of cotton interprofession

From November 23 to 26, 2023, stakeholders in the cotton sector, including the Cotton Development Company (Sodecoton), the National Confederation of...
Monday 27 November 2023Public management

Douala Port Authority boosts efficiency with the arrival of eight new gantry cranes

The Container Terminal Management (RTC) of the Port Authority of Douala (PAD) received the last four Rubber Tyred Gantry (RTG) mobile gantry cranes on...
Monday 27 November 2023Finance

Cameroon's tax authority launches digital assistance platform for real-time tax support

Cameroon’s General Tax Directorate announced it is launching a digital assistance platform next December 1st. Called "Help Desk,” this platform is...
Monday 27 November 2023Agriculture

Poultry industry in Cameroon faces disagreements over chicken pricing

The Cameroon Poultry Interprofessional Association (Ipavic) sent a letter on October 23 to sector players, informing them of its intention to standardize...
Friday 24 November 2023Public management

Cameroon: Unreliable Barcodes Hinder Market Access for Local Products

The barcodes printed on some local products in Cameroon are unreliable, sources at the Ministry of Commerce and the Standards and Quality Agency (ANOR)...
Friday 24 November 2023Health

Cameroonian Startup Waspito Secures XAF1.5 Billion to Expand Footprint

Waspito, a Cameroonian startup specializing in telemedicine services, has raised $2.5 million (XAF1.5 billion) from investors, announced Jean Lobe...
Thursday 23 November 2023Energy

Cameroon initiates talks with Actis for Eneo stake acquisition

Cameroon has announced the forthcoming opening of formal negotiations with Actis for the acquisition of the British investment fund's 51% stake in Energy...
Thursday 23 November 2023Finance

Unlocking housing finance: Apeccam focuses on solutions for Cameroon’s real estate challenges

The second edition of the Finance Mornings, organized by the Professional Association of Credit Institutions in Cameroon (Apeccam), is set to take place...
Thursday 23 November 2023Energy

Eneo advances solar hybridization with 4 MWp mini solar plants

Eneo continues its efforts in hybridizing isolated thermal power plants (dedicated to specific localities) as part of an initiative started in 2018. The...
Thursday 23 November 2023Energy

Nachtigal dam: NHPC reassures the public concerning the cracks and water leakage reported

The recent findings from the Electricity Sector Regulatory Agency (Arsel) mission, conducted on August 11, 2023, at the Nachtigal hydroelectric dam...
Tuesday 21 November 2023Finance

IMF and Cameroon agree to extend Economic Program until 2025

On November 17, 2023, the International Monetary Fund (IMF) announced it has reached a staff-level agreement with Cameroon to extend the existing...
Tuesday 21 November 2023Energy

Nachtigal dam faces delays due to cracks and water infiltration

The delivery of the Nachtigal hydroelectric dam, under construction in the Central Region of Cameroon with a planned commercial operation in September...
Monday 20 November 2023Finance

Cameroon postpones its $333.2mln bond issue to 2024 amid rating worries and IMF support

Cameroon has postponed its $333.2 million international bond issuance until 2024, as revealed by Fitch Ratings in its latest creditworthiness...
Friday 17 November 2023Public management

Digital Innovation: CNPS launches online social security registration

The National Social Security Fund (CNPS), the public institution responsible for social security in Cameroon, has recently introduced an innovative online...
Friday 17 November 2023Finance

Cameroon dominates Cemac banking with 60% of accounts and 28.8% network, aiming for growth by 2030

Cameroon dominated the banking sector of the Cemac region in 2022. According to data reported by the central bank Beac, the country alone houses slightly...
Friday 17 November 2023Finance

Banks unite in Beac's market, navigating tightened monetary policies

At the close of October 2023, Beac's secondary market for government securities registered a surge in interbank transactions via repurchase agreements...
Wednesday 15 November 2023Energy

Cameroon govt pays CFA5.7bn to appease Globeleq

The Cameroonian government has paid CFA 5.7 billion to the British independent power producer, Globeleq, urging the company to resume operations at its...
Wednesday 15 November 2023Public management

Economic survey data collection process goes digital in Cameroon

The Cameroonian Finance Minister (Minfi), Louis Paul Motaze, announced last November 10 the implementation of the econjoncture.cm platform. This is a...
Wednesday 15 November 2023Finance

Access Bank Cameroon Making Giant Strides

Having commenced operations on May 23rd, 2022, with one business office in Akwa, Access Bank Cameroon has continued investing in its expansion within the...
Wednesday 15 November 2023Agriculture

Cocoa price peaks at CFA2,000 per kg in Cameroon, its 7th increase in 3 months

The price ceiling for cocoa beans in Cameroon has peaked at CFA2,000 since November 10. This is the 7th increase in three months. On November 7, the price...
Monday 13 November 2023Agriculture

Ceneema expands budget for arable land project pilot phase

The pilot phase of the arable land development project, as outlined in a framework signed on May 17, 2023, between the Ministry of Agriculture (Minader)...
Monday 13 November 2023Public management

Yaoundé: Selecte Bakeries shut down for violating baguette price standards

Selecte Bakeries outlets in Yaoundé have all been placed under seal. The franchise is accused of not respecting the price standards set for a...
Monday 13 November 2023Public management

New Carrefour supermarket in Bonaberi to feature at least 27% local products

At least 27% of products manufactured in Cameroon will be found on the shelves of the new Carrefour supermarket in Bonaberi. Guillaume Tanne, CFAO Retail...

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